The full press release, issued by Crawford & Company;
LONDON (19 May 2020) Broadspire® by Crawford Company and a leading third-party administrator (TPA) of workers’ compensation claims, liability claims, disability and leave management and medical management services, has announced a new partnership with risk and incident management software specialist, Collision Management Systems (CMS), to deliver Broadspire Risk Assist, a real time risk management and incident alert software solution designed to help fleet operators reduce incidents, improve driver safety and lower claims costs.
Broadspire Risk Assist is a key part of Broadspire’s suite of connected claims and risk management services.
The software solution collects, combines and analyses data from any existing hardware or data source in a business, including telematics, wearables, tachograph, dashcam, claims, HR, operational and speeding / parking ticket data.
Broadspire Risk Assist enables fleet operators to gain critical insights into their corporate risk profile and the behaviors driving risk across their business, as well as pinpointing those employees most likely to experience an incident.
Real time incident notifications also allow the fleet manager and Broadspire to respond immediately to a situation, ensuring employees are supported and costs mitigated as far as possible.
Customers have experienced a near average 20% reduction in claims frequency, as well as a £1,000 reduction in average claims severity, per every detected incident through the use of the product delivered by CMS that will form an integral part of Broadspire Risk Assist.
Commenting on the partnership, Kirsten Early, managing director, UK & Ireland, Broadspire, said: “Through our partnership with CMS, we will enable our fleet clients to access critical risk data to help reduce incidents and lower claims costs in line with our mission to restore and enhance lives, businesses and communities.
This forms part of our commitment to provide scalable, user-friendly, tech-based solutions that have a positive impact on claim frequency and severity, whilst simultaneously improving our client’s employee safety.”
Charles Smith, CEO, Collision Management Systems, added: “A growing challenge in our connected world is the efficient use of the increasing amount of data that is being generated, to manage risk effectively.
We are proud to be powering a solution that will transform the duty of care and risk management program for Broadspire’s client base of global, highly recognisable brands. We look forward to helping every business to be even better at making their working world safer.”
A full copy of the press release can be downloaded from the Crawford & Company website here
More information about the CMS platform powering Broadspire Risk Assist can be found here
And if you would like to organise a demonstration of the platform please contact us here.