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Last-mile delivery software company Onfleet is partnering with insurance company Fairmatic to offer a driver safety analytics dashboard designed to help reduce insurance rates.
The platform gives fleet managers a snapshot of driver performance and miles driven, and uses that data to give personalized safety recommendations and identify areas where companies can get discounts on insurance. Fairmatic also estimates that its customers save at least 20% on their insurance premiums a year, while reporting 49% fewer collisions.
"Fairmatic's partnership with Onfleet empowers fleet managers with critical insights to manage their drivers more effectively while controlling insurance costs," Fairmatic CEO Jonathan Matus said. "Our unique usage-based, telematics-enabled insurance model, combined with real-time performance analytics, offers a comprehensive solution to improve fleet safety and financial efficiency."
Onfleet director of enterprise sales Chris Garrison added that the integration "provides a unique opportunity" for fleet managers to evaluate and save on their safety practices with "real-world driving data."
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