VLOC Systems provide internet enabled telematic
solutions for the insurance, fleet management
and motor industry
"Telematics will become a key component for many insurers in the assessment of risk and is likely to become a standard feature in all motor vehicles."
The VLOC solution provides a cost effective approach for insurers, fleet managers and motor manufacturers, with technology that moves way beyond location and time based data. Our market leading hardware and software provides real time analysis on driving behaviour including extreme acceleration, harsh braking and incident detection.
Insurance
The VLOC solution provides insurance companies with an opportunity to look at risk in a dynamic form in different sectors from young drivers through to
commercial fleets.
With 3000 road deaths per annum and young drivers (aged 17 - 25)
accounting for one third of these deaths, insurance rates for this
sector are at an all time high. The VLOC solution monitors and
encourages safer driving - this allows insurance rates to be
calculated on individual risk as opposed to premiums which subsidise
other drivers' bad behaviour.
Fleet Management
Fleet managers can gain a number of benefits from the VLOC solution. Improved fleet efficiency can be achieved through real time location, usage and duration feedback. Furthermore, with detailed risk analysis data provided by the solution, it is possible to negotiate substantial insurance premium savings through VLOC's insurance partners. The solution can also be used to enable "best practice" procedures and provide automated support for health and safety and corporate responsibility compliance.
Motor Manufacturers
The solution also meets the needs of the motor manufacturing industry for modern customer service requirements. It will allow maufacturers to receive instant notification for service status, vehicle breakdown, incident alert (E-Call), theft recovery, usage and remote diagnostics.
