NAFC Learn & Earn: Telematics to Differentiate Risk and Create Pricing Transparency in the Insurance Market/Risk Management Study Group Forum picture

NAFC Learn & Earn: Telematics to Differentiate Risk and Create Pricing Transparency in the Insurance Market/Risk Management Study Group Forum

April 11, 2019


Please register for this recorded ATA webinar.

 


NAFC Learn & Earn: Telematics to Differentiate Risk and Create Pricing Transparency in the Insurance Market/Risk Management Study Group Forum

Webinar Description: 

Earn CPE and Learn about Telematics as a risk management tool in this NAFC webinar.

The availability of telematics data from fleet vehicles has grown exponentially in recent years- there's now 25 times more data available from fleet vehicles than from all personal Usage Based Insurance programs combined. As a result, more and more trucking companies are being asked to share their driving data. Today's trucking companies excel at using telematics data to access Total Cost of Ownership, but few have integrated their exposure data into a financial model that can forecast Total Cost of Risk. Accessing telematics and ELD data adds to an underwriter's pricing precision for risk transfer. As a finance professional, you must understand what your benchmarks mean before they reach the underwriter. The first half of this webinar will provide an overview for benchmarking your fleet's risk profile with the purpose of creating a data driven, transparent alternative to underwriting judgment. The speakers will be providing a more in-depth discussion of this topic at NAFC's Annual Conference from June 10-12 in Indianapolis.

The second half of this webinar will provide a forum for the NAFC Risk Management Study Group to interact with the presenters and to learn from their peers. This will include a discussion of relevant topics of concern within risk management and sharing best practices to address problems. The NAFC Risk Management Study Group addresses a wide range of insurance, risk-management and business issues including workers' compensation, vehicular liability, physical damage, self-insurance, workplace safety and health, best practices and loss prevention.

 

About the Presenters:

 

Chris Carver, VP of Insurance Services, SpeedGauge, Inc.

 

Chris Carver has, for nearly 30 years, pursued a passion for applying technology to transportation risk management, from core telematics sensor development to winter road maintenance to vehicle dynamics and prognostics. After four years of leading Liberty Mutual Insurance's award winning Commercial Lines telematics risk management insurance program, he launched the Clearinghouse to bring an open-platform for telemetry data to the broader commercial insurance marketplace. The SpeedGauge Clearinghouse creates a fairer way to rate risk, road segment by road segment, using connected-vehicle data. Prior to joining Liberty, he co-founded and led FleetPoint, a web-based fleet risk management service focused on road data collection. Chris holds a Masters of Engineering from Cornell University and an MBA from the University of Pittsburgh.

 

Ryan Erickson, Senior Vice President, McGriff, Seibels & Williams, Inc.

 

Ryan Erickson specializes in design and implementation of complex risk management programs for large and mid-sized transportation companies. Specific expertise includes traditional risk placement, insurance captives and self-insurance analysis. Ryan is actively involved in various American Trucking Association programs including speaking engagements at the ATA Mid-Year Management Conference as well as a current board member of the National Accounting and Finance Council, where he also serves as the Risk Management Study Group Chair.

 

National Accounting and Finance Council (NAFC) members are eligible for an hour of CPE credit for attending this webinar. For details on the CPE and membership, contact Jenny Wieroniey at jwieroniey@trucking.org.

 

This is a "Group Internet Based" offering and no prerequisites are required. NAFC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Ave North #700, Nashville, TN 37219.

 


**NOTICE: ATA webinars are strictly educational for our members, and are not press events. The information contained in this webinar is not intended for, nor should it be used in, the production, editing or creation of news or analysis pieces. Participants are also forbidden from using them as background for published materials, white papers or other communications. Therefore, the contents of this webinar are strictly embargoed and off the record.

 



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