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DriveCam Partners with Insurer in Ireland

March 08, 2007

SAN DIEGO, Calif. --- DriveCam Inc. announced it has partnered with Hibernian General Insurance to exclusively offer its behavior-based risk management solution to fleet customers in Ireland throughout 2007. Currently, accident rates in Ireland are among the highest in the European Union (EU). "We are pleased to offer DriveCam's solution to Hibernian's fleet customers," said Eric Shishko, executive vice president of worldwide business development for DriveCam Inc. "The company's creative approach and track record in promoting road safety through initiatives such as the Ignition program made the company an obvious choice for us. Together, we can aid customers in mitigating risk and reducing claims costs." As part of the agreement, Hibernian has developed a deal with Westward Scania Ireland, one of the world's leading manufacturers of trucks and buses for heavy transport applications, to bundle the DriveCam solution with monthly lease costs for all vehicles. At the core of Hibernian's driver safety initiatives, the DriveCam solution will also enhance the existing RiskAsyst program --- an effort to help SME companies comply with existing health and safety legislation."Research has demonstrated that driver behavior is the major contributing factor in nearly all road collisions," said Dick O'Driscoll, managing director of Hibernian General Insurance. "DriveCam offers a unique solution that will enable Hibernian's commercial customers to identify and improve risky driving behavior across their fleets, reduce claims costs and directly impact their bottom lines."In addition to work in Ireland, DriveCam is planning to expand throughout Belgium, France, Germany, the Netherlands and the UK with a focus on five industry sector verticals: concrete and construction, haulage, transit, utilities and waste and sanitation. The company will also continue to leverage partnerships in insurance.
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