In a significant move to bolster small and medium-sized enterprises (SMEs) in managing their fleet operations more effectively, AXA Commercial has rolled out a novel online risk management tool. This innovation aims to streamline safety practices and reduce insurance premiums by offering tailored insights into fleet management efficiency and compliance.
Understanding the Tool’s Impact
Doug Jenkins, AXA Commercial’s motor technical risk manager, emphasized the tool’s user-friendly design and its pivotal role in promoting risk management among SMEs. According to Jenkins, the tool operates through a straightforward questionnaire that pinpoints potential safety hazards potentially leading to motor claims. More importantly, it assesses whether SMEs are implementing the most effective measures to safeguard their businesses, employees, and vehicles. This proactive approach not only aims to enhance overall safety but also to mitigate financial losses associated with high insurance costs.
Addressing a Critical Need
The lack of a dedicated fleet manager in many SMEs often results in risk management taking a backseat, which can have dire…
