15 Jan 2018

Software reduces reporting times, delivers claims savings & boosts telematics ROI

 

Collision Management Systems (CMS) is positioning its software-as-a-service (SaaS) solution as an essential tool for Telematics service providers
looking to help fleet customers cut insurance costs. By delivering ‘real-time’ crash detection, CMS has proven to reduce claim costs by at least £1,600 per collision based on real-world results independently validated by Plexus Law.

Core to CMS’s solution is the ability to automatically identify and filter out non-crash events generated by third-party telematics devices or connected cameras. This enables fleet and claims teams to monitor and act on collision alerts in real time without having to review hundreds of false alerts a day. A fully scalable solution, CMS software is already licenced, embedded and deployed by multiple telematics and connected camera companies for their customers around the world.

To support its growth plans, CMS recently appointed Rory Maher as Sales Director. Rory’s previous roles include EMEA Sales Director for Trimble and Head of Sales for Vodafone. He comments, “Our solution really resonates with Telematics businesses whose fleet customers’ claim costs are rising despite numerous risk management initiatives. With CMS, they can cut through data noise, action claims instantly and deliver considerable cost reductions for their business.”

“Our hardware agnostic solution is proven to enable a pro-active claims process, delivering significant time and money savings for fleets and insurers,” states Charles Smith, CMS founder and CEO. “Telematics and connected camera providers recognise the value of delivering ‘real-time crash detection’ to their customers and are partnering with CMS in order to deliver it.  Ultimately, our aim is to be the de facto provider for this solution.  We’re excited by the number of opportunities we have and are planning a number of announcements over the coming months.”

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Collision Management Systems