REPORT FROM INSURANCE COMPANY 3

Insurance Company 3 prepared a report on their experience with Driver’s Alert with 78 trucking companies, from 10 to 300 units, using Driver’s Alert. They compared the loss ratio and accident frequency for two years and one year prior to using Driver’s Alert with first-year and second-year results using Driver’s Alert.

Statistics across all 78 companies:

First year with Driver’s Alert (Compared against two years prior to Driver’s Alert)

• 39% Improvement (reduction) in loss ratio
• 56% Improvement (reduction) in accident frequency
• 27% Improvement (reduction) in DOT reportable accidents

Two years using Driver’s Alert

• 51% Improvement (reduction) in loss ratio
• 53% Improvement (reduction) in accident frequency
• 67% Improvement (reduction) in DOT reportable accidents

Insurance Company 3 also picked a 60 unit fleet with a high loss ratio prior to using Driver’s Alert and reported the following comparisons:

ELEMENT ANALYZED	2 YEARS BEFORE DRIVER’S ALERT	1 YEAR BEFORE DRIVER’S ALERT	1 YEAR AFTER DRIVER’S ALERT	2 YEARS AFTER DRIVER’S ALERT
Loss Ratio	126%	57.5%	54.9%	49.3%
Accidents PMM	3.55	5.12	2.9	3.37
DOT Reportable Accidents	72	1.42	.9	.4

In comparing a smaller fleet, they chose a 14-unit fleet with a reasonable loss ratio:

ELEMENT ANALYZED	2 YEARS BEFORE DRIVER’S ALERT	1 YEAR BEFORE DRIVER’S ALERT	1 YEAR AFTER DRIVER’S ALERT	2 YEARS AFTER DRIVER’S ALERT
Loss Ratio	31.5%	74.6%	1.6%	1.6%
Accidents PMM	4.6	4.6	3.6	2.8
DOT Reportable Accidents	.7	.61	0	0

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