CRASH Services inks major deal with UK ‘telematics’ provider FMG | Latest Newry News, Newry Sport and Newry Business for Newry City

CRASH Services inks major deal with UK ‘telematics’ provider FMG

CRASH, the leading provider of accident services, has signed an exclusive licensing rights agreement with the UK provider of revolutionary new ‘telematics’ technology, which could help reduce the number of accidents on Northern Ireland’s roads.

John Catling, CEO of FMG is joined by Catriona Fitzpatrick from CRASH Services and the company's founder and managing director Michael McKeown

The deal with FMG means that CRASH can now supply the award-winning driver behaviour management system, Ingenium Dynamics, for whole island of Ireland.

CRASH says this ‘black box’ technology – used to monitor driving behaviour such as distance travelled, speed and breaking – will directly help to reduce road deaths and incidents on Northern Ireland’s roads.

The Newry-based company said that by installing the small device in vehicles, data collected and analysed online from each journey can be used to improve driver behaviour and cut motoring costs for young drivers and fleet managers.

FMG has invested £3 million in the technology to date and the system has already been endorsed by transport experts at Loughborough University, the Motor Industry Research Association (MIRA) and the Driver Research Group at Cranfield University.

Michael McKeown, Founder and Managing Director, CRASH Services:

“As Northern Ireland’s leading provider of accident services, we know first-hand the impact accidents can have on people’s lives and we are committed to cutting the number of accidents and fatalities on Northern Ireland’s roads and assisting fleet managers improve safety and efficiency. This system should also lead to better insurance access for younger drivers.

He added, “The system developed by FMG was chosen by us because of its proven ability and track record in managing driver risk.”

Once installed on board the vehicle, the ‘black box’ unit gathers and interprets driving information. The data, which is then transmitted through the mobile communications network for viewing later on a secure internet webpage, shows the speed of the vehicle, its position at any given time, braking and acceleration force, cornering and more.

The results from each journey are analysed and categorised into high, medium or low risk.

According to FMG, in Great Britain, fleets using the technology already report a 25-80% reduction in insurance claims, while young drivers using the system have seen insurance costs slashed by up to 40%.

John Catling, Chief Executive, FMG, said, “We are delighted to be working with CRASH, which has an exceptionally strong presence and customer base in Northern Ireland. This is one of a number of agreements we have recently signed across Europe and beyond. It is very exciting to us to be assisting CRASH in bringing this essential improvement to the Irish market.”

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Posted by on Aug 8 2012. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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