Press release

Collision Management Systems choose Concirrus and Telenor Connexion to enter fleet risk management market

Collision Management Systems choose Concirrus and Telenor Connexion to enter fleet risk management market. Core to the system is the cross-platform capabilities of the Telenor Connexion network.

Innovative
incident data solutions provider launches the first advanced eFNOL and claims
assessment solution designed for the Internet of Things

Concirrus Ltd, a leader in cloud-based software for the Internet
of Things, today announced that Collision Management Systems has chosen the
Concirrus Connect platform to launch its solution for the fleet risk management
market.

The new DriveGuard solution utilises next generation telematics
technology combined with the latest Internet of Things platform, both from
Concirrus, to deliver an unparalleled level of technical flexibility and
real-time intelligence for those dealing with the incident and claims process.

By gathering more information and combining this with unique
research, the DriveGuard system provides powerful insight and a holistic view
of incidents from first notification of loss through to the settlement of
claims, dramatically reducing costs and exposure to fraud.

“Core to the system is the cross-platform capabilities of the
Telenor Connexion network to ensure that when an accident does occur, crucial
information from the vehicle can always be retrieved in real-time.” said Dean
Woods, Head of UK & Ireland for Telenor Connexion “and it is applications
such as these that clearly demonstrate the power of our network”.

“The use of telematics in the insurance industry is gathering
pace and has proven to be invaluable tool for identifying and managing risk.
However, the DriveGuard solution represents a true step forward in utilising
telematics data and the Internet of Things to handle claims more efficiently”
said Andrew Yeoman, CEO of Concirrus “and we are excited that Collision
Management Systems has chosen the Concirrus platform on which to operate that
solution. Combined with the wide range of hardware ‘things’ now certified on
the platform it means that Concirrus customers can focus on building their business,
not building the technology”.

Charles Smith, CEO of Collision Management Solutions explained “We
chose Concirrus as their platform allowed us to provide a leading edge and
powerful solution in a remarkably short period of time. It is testament to the
experience of the Concirrus team in the Internet of Things and telematics
market that we have been able to deliver this solution to market quicker than
we could have otherwise conceived. During our initial market testing there has
been a great reaction from fleets, accident managers and insurers who see
DriveGuard as the perfect tool to reduce their increasing claims costs”