SambaSafety

The 2024 Telematics Report is here! Get your free copy: https://lnkd.in/eEH28P3c We’re thrilled to announce the release of SambaSafety’s “2024 Telematics Report: Connecting the Dots on Strategies & Adoption.” The report explores the current state of telematics, highlighting new data on adoption, challenges and strategic shifts in risk management impacting P&C insurers, brokers and fleets. This year, we partnered with the Risk & Insurance Education Alliance and IoT Insurance Observatory to bring you exclusive insights and perspectives from industry experts: 🔹 Nancy Bendickson, CDS, CSP, ARM, Managing Consultant, Aon  🔹 Matteo Carbone, Founder & Director, IoT Insurance Observatory  🔹 Sara Wojcik, Sr. Director, DOT Compliance & Transportation Safety, Sunbelt Rentals, Inc. Key findings include:  💡 82% of commercial insurers now leverage telematics, up from 65% last year. 💡 51% of fleets plan to expand their telematics devices or providers over the next year. 💡 75% of insurers cite convincing fleets to share telematics data as the most significant barrier, while 74% of fleets indicate they don’t share data simply because they’ve never been asked. Our CEO Matt Scheuing notes, “As the industry faces mounting claims costs, nuclear verdicts and increasing roadway risks, telematics offers an important tool for overcoming these challenges. This report provides in-depth insights into how insurers, brokers and fleets are using telematics to create safer roads and establish more profitable insurance programs.” Read the press release: https://lnkd.in/dMk_dnf2

This year, we expanded our capabilities, delivered never-before-seen industry insights and hit new milestones – all to help insurers, brokers and businesses achieve their goals. Check out some of the insurance highlights we’re celebrating as we gear up for an even bigger 2025 👉 https://lnkd.in/gMS336a3

How sharp are your team’s winter driving skills? Put your drivers to the test with this quick 10-question quiz and see how they stack up.

“Samba’s core values – teamwork, accountability and impact – are truly reflected in our holiday celebrations.” - Brittany Imani, Executive Assistant Read about our holiday celebrations and what you can look forward to as a member of our team here: https://lnkd.in/gQ8rbBPB #ColoradoTech #TechJobs #NowHiring

Congratulations to Anna, this month's #SambaSocialShoutout winner! Thank you for everything you contribute to the SambaSafety team 💪

We sat down with Michael Carcione, ARM, SambaSafety’s Senior Risk Management Advisor, to unpack how he's helping drive risk management innovation at SambaSafety. Michael shares insights on insurer and broker challenges, tech-driven risk reduction, the value of portfolio reviews, insurer advice for 2025 and more. Dive into the Q&A and schedule a free portfolio assessment 👉 https://lnkd.in/gwPGZyrk

From loss control initiatives to underwriting breakthroughs, the momentum of telematics in the commercial auto insurance market is undeniable. IoT Insurance Observatory's Founder and Director, Matteo Carbone, discusses how an integrated, holistic adoption of telematics capabilities will transform the industry. Explore his expert perspective on page 18 of our 2024 Telematics Report: https://lnkd.in/dXUWFgse

How have fleets successfully embedded a culture of safety? We recently sponsored a Fleet News roundtable, where industry leaders came together to discuss their unique strategies and goals for mitigating (and even removing) driving risks. Communication, collaboration and stakeholder engagement were key themes throughout the conversation. “I’ve always taken a collaborative approach rather than just looking at it from the fleet perspective,” said Jo Coffey, Fleet Manager at City Electrical Factors. “I don’t want to just mitigate risk; I want to remove risk. But it needs a top-down approach. Businesses need the fleet, but they don’t always realize how important it is until something goes wrong.” When discussing measures that can be taken to prevent incidents, SambaSafety's VP of Product Management, Charles Smith, pointed out, “Certain behaviors are a predictor of risk. We can look at a decade of claims and identify the combination of behaviors that show the likelihood of [drivers] having a claim in the next 12 months. It changes the conversations with unions and insurance companies. It enables intervention.” The group also discussed strategies for changing driver attitudes. Andrew Smith, Solution Consultant at SambaSafety, added, “Rewards are one lever to help [drivers] understand they are professional drivers and that they have to take that part of their role seriously. It helps you to be more proactive and manage the risk rather than react after an accident.” The group discussion explored different ways fleets are working to move from reactive to proactive risk management – through safety policies, technology, data insights, positive engagement and training. Dive into more of the conversation here: https://lnkd.in/gt_AufDV

ICYMI... PropertyCasualty360 highlights a handful of key findings from SambaSafety's 2024 Telematics Report: 💰 100% of commercial insurers and 63% of brokers agree: telematics is critical to improving profitability 📈 70% of insurers plan to implement usage-based insurance (UBI) in the coming years, a sharp increase from 1/3 last year 🚘 51% of fleets aim to expand their telematics devices or providers within the next 12 months 📉 72% of fleets report fewer crashes and claims with telematics and training, and 1 in 4 are seeing lower insurance premiums as a result Read more about how commercial auto insurers are revving up telematics in 2024 and beyond: https://lnkd.in/gPWJSgiK Plus, get your free copy of the 2024 Telematics Report here: https://lnkd.in/dXUWFgse

Feeling overwhelmed by telematics? You’re not alone. These devices generate a flood of information and events. Aon Global Risk Consulting's Nancy Bendickson, CDS, CSP, ARM discusses strategies that can unlock telematics' full potential and drive better results in our 2024 Telematics Report. Read her full perspective here: https://lnkd.in/dXUWFgse