MORRISTOWN, N.J. — ProSight Specialty Insurance, a supplier of responsive insurance solutions for the transportation industry, and SmartDrive Systems, a provider of driving performance solutions designed to reduce collisions and improve fuel efficiency, launched SecureFleet, a risk management solution developed exclusively for ProSight niche transportation customers.

Debuting as the insurance industry’s only fully integrated video event recorder and risk reduction service offered with ProSight coverage, according to ProSight, SecureFleet combines a patented vehicle data and video event recording system with a comprehensive driver coaching program to help fleet owners and safety managers reduce risks, cut costs and better manage fleets.

The system provides exception-based event recording and individualized coaching, which helps eliminate unsafe driving based on the driver’s actual and visible driving, and over time can improve the risk profile of the company by reducing claims, ProSight officials said. Driver coaching can also be effective in increasing a fleet’s fuel efficiency and reducing maintenance costs as driving skills improve.

The SecureFleet model is represented in a continuous cycle of fleet improvements that begins with the capturing of risky events based on:

•    G-forces on the vehicle.
•    Real-time information directly from the engine control module.
•    Active safety systems.
•    The SmartDrive predictive analytics engine.
   
When a risky event is identified, the system is designed to capture 10 seconds before and after the incident. The SecureFleet team wirelessly reviews each event and scores and prioritizes it for coaching. Fleet managers then coach drivers on the riskiest events identified that drive up costs and impact safety.

Safety and fuel economy are also tracked at the driver level and benchmarked across sites and fleets to help transportation companies identify areas where more optimization is possible and where less obvious but extremely risky driving exists.

All service and unit costs are borne by ProSight except installation costs and a $50 annual connection fee per vehicle; approximate installation cost per vehicle is $95-$195.

SecureFleet is accessible to the school bus transportation segment via All Trans Risk Solutions, ProSight’s exclusive distribution partner.