Optimize Fleet Insurance Strategy and Risk Management
Fleet insurance and risk management represent significant cost centres for commercial operations while offering substantial optimisation opportunities through data-driven approaches and strategic risk management. Organisations managing vehicle fleets face complex insurance procurement decisions, telematics implementation challenges, and evolving regulatory requirements across multiple jurisdictions.
Resnova provides comprehensive fleet risk management consulting for corporates, automotive manufacturers, and insurance carriers. Led by Andy Wright with extensive experience in automotive insurance and telematics-based pricing, we deliver practical frameworks for fleet insurance optimisation and risk reduction.
FLEET INSURANCE CHALLENGES
Commercial fleet operations face rising insurance costs, inconsistent risk management approaches, and limited data visibility into fleet risk profiles. Traditional insurance procurement relies on historical claims experience and demographic rating factors, missing opportunities for proactive risk management and premium optimisation.
Telematics technology enables data-driven fleet risk management, providing visibility into driver behaviour, vehicle utilisation, and risk exposure. However, implementing effective telematics programs requires technical infrastructure, data analytics capabilities, and organisational change management.
For automotive manufacturers and fleet operators, insurance represents both a cost challenge and a strategic opportunity. Effective fleet risk management reduces total cost of ownership, improves operational safety, and enables competitive advantage through lower insurance costs.
OUR APPROACH
We begin with a comprehensive assessment of your fleet risk profile, insurance procurement processes, and risk management frameworks. This includes analysis of current insurance arrangements, claims experience, risk exposures, and opportunities for optimisation.
Our fleet risk management strategies incorporate telematics implementation, driver behaviour programs, proactive risk reduction initiatives, and insurance procurement optimisation. We develop approaches aligned with your operational requirements and organisational capabilities.
For telematics programs, we advise on technology selection, implementation processes, data analytics frameworks, and integration with insurance procurement. This includes evaluation of telematics vendors, data privacy considerations, and driver engagement strategies.
We support insurance procurement optimisation through market analysis, carrier negotiations, and coverage structure recommendations. Our insurance industry expertise enables evaluation of carrier proposals, identification of coverage gaps, and negotiation of competitive terms.
For automotive manufacturers, we provide strategic advisory on insurance product development, telematics-based pricing models, and fleet insurance partnerships. This includes regulatory compliance frameworks and go-to-market strategies.
WHO THIS IS FOR
This service supports corporate fleet operators seeking insurance cost optimisation, automotive manufacturers developing fleet insurance strategies, leasing companies implementing risk management programs, and insurance carriers entering commercial vehicle markets. We work with fleets ranging from small commercial operations through to large multinational fleet portfolios.
WHY RESNOVA
Andy built telematics-based insurance operations as well as designing global insurance programmes for automotive OEMs. This experience provides practical insights into telematics implementation, data-driven pricing, and fleet risk management.
Our approach combines insurance industry expertise with a practical understanding of commercial fleet operations. We develop risk management frameworks that work in operational reality, not just theoretical models.
We operate as strategic advisors focused on measurable outcomes, including premium reduction, claims frequency improvement, and operational safety enhancement. Clients engage us for results, not reports.