Motor fleet managers are reviewing their risk management strategies, driven by higher insurance premiums and self-insured losses, the Association of Insurance and Risk Managers (Airmic) has warned.
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Motor fleet managers are reviewing their risk management strategies, driven by higher insurance premiums and self-insured losses, the Association of Insurance and Risk Managers (Airmic) has warned.
Airmic special interest group chairman Marc McGloon said fleet risk managers were operating in a rapidly changing and hostile environment.
"They need to find new routes to solve their risk concerns," he said.
"With motor fleet management now facing increasing costs [and] restrictions in insurance cover, it's a good time for risk management strategies to be reviewed."
McGloon, Alan Bewley of the RAC and Oliver Schofield of Aon will hold an interactive workshop at the Airmic conference on fleet risk management, covering driver training, data capture, loss analysis systems and risk financing options.
The conference will be held on June 16-18 in Birmingham.
