Laka’s Post

I have been takling with mobility expert Lars Christian Grødem-Olsen (Mobility Consultant) about Ryde Technology our story and micromobility. Read all about it in Zag Daily!

Ryde Technology CEO Tobias W. Balchen gives Zag the inside story on how high fees and strict regulations are pushing micromobility operators out of the Nordic market as Ryde steadily executes its ‘smart growth’ strategy brick by brick. In conversation with Zag Industry Expert Lars Christian Grødem-Olsen (Mobility Consultant), Tobias reveals how some Nordic regulations are banning the use of e-scooters at night to prevent intoxicated riding, why Ryde is passing some parking fines on to users and the ‘overkill’ on insurance regulations.  “It’s good to have insurance because accidents can happen, but the current policy in Norway is overkill. Under car liability laws, you have to insure for unlimited damage potential and 100 million for third-party property damage. What is the probability that you can destroy something for 100 million kroner on a scooter? You would have to crash into a truck carrying ten Lamborghinis, and burn it all to the ground.” Read more: https://lnkd.in/euSTzT_d

Our COO, Neil Joslin comments on Solera, Inc. recent study on sustainable vehicle repairs. Have a read below. "A very interesting study from Solera, Inc. which aligns to our own research. As a society, we are all increasingly concerned about our environment and more and more, we are looking for ways to make better sustainability choices in our lives. Customers are now demanding greener options when considering their car repairs, and interestingly, this research has shown that customers will choose garages for their green credentials, too. We know the UK car park is getting older, with the number of cars on UK roads that are 10 years or older at an all-time high, so as a nation we are looking after and running our cars for longer. Whilst green parts should be at the heart of this, the market is still underdeveloped in the UK and there is much opportunity for market maturity as we have seen in other countries. If, for example, we think about insurance repairs, generally in the UK, customers still don’t have a great choice, whereas that’s not the case at all in, for example, France & Sweden. With political pressure all around us – United Nations’ road to net zero (remember COP26?), the European Green Deal, the UK’s strategy for net-zero – we have to work together and be more active to create the framework and solutions that customers are telling us they now want; if we don’t, change will be forced upon us. We’ve been working on a range of solutions ourselves – including with Solera’s products Audasource & Inpart – with a number of repairers and insurers for green part provision, with much success. Even though we’ve always sold parts to bodyshops, we’ve seen these sales increase by over 5 times in the last 12 months alone, with fulfilment in some cases >25% and a market leading returns rate for quality of less than 0.5% – in the process, saving hundreds of thousands of pounds against new prices. Our progress in this area is driven by one thing: creating solutions which customers want." If you’d like to know more, please get in touch with either Jordon Trent or Neil Joslin #greenbusiness #vehiclerecyclers #consumerdemand #vehiclerepairers #trents #solera

The European Parliament approved a new directive that requires EU member states to implement legislation by January 1, 2024, which mandates insurance for electric scooters 🚴♂️. This applies to models that: - Exceed 25 km/h in maximum speed 🏎️, or - Weigh over 25 kg or have speeds above 14 km/h. In Hungary approximately 30,000-40,000 micromobility vehicles will require mandatory third-party liability insurance. Other vehicles such as electric bikes 🚲, traditional scooters and bicycles will have liability coverage available as part of home insurance 🏡. At Netrisk Magyarország, we sold nearly 5,000 insurance contracts for e-scooters in the first month, and we expect to reach 25,000-30,000 sales within a year! 🔥 For more details, visit netrisk.hu or tune into the Családbarát morning show on MTVA - Médiaszolgáltatás-támogató és Vagyonkezelő Alap with Barbara Somossy, Bence Forró and Netrisk Group! 📺🎙️ #liabilityinsurance #EuropeanUnion #ebike #escooter #pedelec #seagway #unicycle #eskateboard #netrisk #netriskgroup #ta #bauermedia #mci

The easiest way to lower your motorcycle #insurance premiums is to maintain a clean driving record, take a motorcycle safety course, and choose a bike that's less expensive to #insure. Consider higher deductibles if you are comfortable with the risk. #SaveOnInsurance #SmartRiding

Bicycle Insurance Global Market Report 2024 The bicycle insurance market size is expected to see rapid growth in the next few years. It will grow to $102.83 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. Read more @ https://lnkd.in/gZvMEQKR #marketresearchreport #marketresearch #marketintelligence #marketreport #industryanalysis #TheBusinessResearchCompany #TBRC

Watch our #BOLDTalks [video] series with Marco F. at volvero and our own Epi Ludvik at Crowdsourcing Week. Revolutionizing Mobility: The Future of Vehicle Sharing... 🔗 📽️ https://lnkd.in/gW-Unkjj #beBOLD #BOLDAwards #innovation #digital #mobility #smartcities #rental #car #rentacar #carsharing #vehicles #sharingvehicle #insurance #carinsurance

Operation Safe Driver Week aims to raise awareness of safe driving and improve driving behaviours. Did you know that investing in regular training and driver finishing programs can help fleet carriers reduce accidents and lower insurance costs? Learn three strategies that will help you maintain a safe and well-trained fleet of drivers. https://ow.ly/ZCEJ50SwTmV #RoadSafety #SafeDriving #OperationSafeDriverWeek #Transportation #TransportationIndustry #TransportationInsurance #Trucking #Logistics #FleetManagement

The Key to Lowering Costs? A Clean Driving Record 🚛 A clean driving record is more than just good practice—it’s a financial advantage for trucking businesses. At Luigi Truck Insurance, we’ve seen how spotless records can lead to lower insurance premiums and a healthier bottom line. Here's why clean records are essential: ✨ Lower Insurance Costs: Safer drivers mean fewer risks, and insurers reward that with better rates. ✨ Stronger Business Reputation: Clean driving records build trust with clients and partners. ✨ Operational Efficiency: Fewer accidents translate to less downtime and more productivity. How to Maintain Clean Records: ✅ Invest in defensive driving programs for your drivers. ✅ Use telematics to monitor and improve driving behaviors. ✅ Stay proactive in addressing minor incidents. Let’s work together to maximize your savings and protect your fleet. Connect with Luigi Truck Insurance today to learn more about keeping your business on the road to success! 📲 Call us at 224-291-9262 or visit https://lnkd.in/geFfuRVm. #LuigiTruckInsurance  #FleetManagement  #TruckingIndustry  #TruckInsurance #CostReduction  #SafetyMatters

We are 70% of the way to our goal❗ We are building a member-owned group captive for #autohauler to create an alternative resource for managing the unique risks of auto haulers. Since auto transporting is a niche mode of transportation there are far fewer auto haulers on the road compared to other trucking operations. This reduced amount of underwriting data creates uncertainty with underwriters and higher premiums, despite auto transporters focus on safety due to the value of the cargo they haul. Fleets with strong operations tend to generate far fewer claims than they pay in premiums, making these rates even more frustrating. Member-owned group captives offer an alternative solution to traditional insurance by enabling fleets to reward themselves for strong operations. By sharing risk only with motor carriers who share their mindset for excellence, fleets can turn their safety and efficiency into resource rather than an expense. If you are focused on running a top-performing auto hauler fleet, willing to collaborate with others, and want to reap the long-term rewards, reach out for a recording of our latest presentation with your fellow auto hauler. #AutoTransporter #AutoHauler #CarHauler