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ALLIANZ LAUNCHES RISK MANAGEMENT PARTNERSHIP WITH LIGHTFOOT TO IMPROVE FLEET DRIVER SAFETY

Press release   •   Oct 26, 2015 09:36 GMT

Allianz Commercial has partnered with Lightfoot to provide an innovative risk management tool to Commercial Motor Insurance customers, which will improve driver safety and efficiency within fleets.

The partnership with Lightfoot enables Allianz’s Fleet and Motor Trade policyholders to purchase Lightfoot at a discounted rate. Lightfoot is a small device which can be fitted to the vehicle’s dashboard to provide real-time audio and visual feedback and coaching for drivers. The product has the ability to improve driving in real-time, in the vehicle, rather than retrospectively through substantial data analysis.

Lightfoot allows the driver to be in control because it gives the driver the opportunity to modify their driving behaviour as they drive.Only if they ignore multiple warning prompts will an alert be sent to a chosen representative/manager within their weekly report. This unique approach has been proven to reduce ‘at fault’ accidents by up to 50% and fuel consumption by up to 20%. An additional key advantage is the simplicity of reporting, with data shown in an easy to interpret one page table, configured to a client’s requirements.

Once activated, Lightfoot delivers real-time, in-vehicle behaviour improvements, which provide the following benefits:

  • Decrease in the rate of accidents
  • Reduced fuel costs
  • Minimal data analysis required to deliver results
  • Reduced fleet maintenance costs
  • Duty of Care solution
  • Vehicle tracking and telemetry as required

Jonathan Dye, Head of Motor insurance, Allianz Commercial commented: “Our partnership with Lightfoot demonstrates our commitment to using new technologies to help our customers improve driver safety and reduce their operating costs. Running a safe and cost-effective fleet is crucial to maintaining a profitable business, which is why more and more companies are investing in risk management initiatives, such as Lightfoot to help manage their fleets”.

Martin Kadhim, Director at Lightfootcommented: “Lightfoot takes a radically different approach to traditional telematics by empowering the driver to change their own behaviour. We are delighted that Allianz has chosen to work with Lightfoot, recognising our unique methodology as an effective means of helping UK fleets become safer and more efficient. Real-time, all-of-the-time coaching generates consistent and lasting improvements that not only enhance driver competency, but cut fuel bills, accidents, wear and tear, CO2 emissions and the volume of data that fleet managers have to contend with - a win, win situation for all involved.”

To find out more about Lightfoot and for a demonstration, please speak to your broker or contact Lightfoot on allianz@lightfoot.co.uk or call 01392 340410.


ENDS

Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide.

Around 85 million private and corporate customers rely on Allianz's knowledge, global reach, capital strength and solidity to help them make the most of financial opportunities and to avoid and safeguard themselves against risks. In 2014, over 147,000 employees in more than 70 countries achieved total revenues of approximately 122.3bn euros.

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