The VLOC solution consists of a telematics based vehicle tracking and monitoring system with unique software providing comprehensive analysis of journeys & mileage, driver behaviour and location and incident data.

The core markets that the solution apply to are as follow:

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.