TOLEDO, Ohio, November 1, 2021 / PRNewswire / – Hylant, One of many Largest Non-public Insurance coverage Brokerage Corporations in the US, Declares RoadPilot Launch®, a pay-as-you-go non-proprietor program designed for the restaurant residence supply trade.
This system takes a novel strategy by integrating real-time driver conduct monitoring with threat evaluation. This system normally targets teams of eating places with 20 or extra seats. Conventional insurance coverage merchandise can result in protection gaps for a restaurant enterprise that depends on supply components as a result of premiums are primarily based on trade averages and are utilized throughout the board, no matter driver legal responsibility profile. With RoadPilot, surcharges are designed to extra precisely and precisely mirror the precise conduct of the supply driver and the precise distance traveled. Particular ranking components embody the driving force’s cumulative threat profiles ensuing from onerous braking, quick acceleration, overspeeding, unsafe maneuvers, and cellphone use. The premium is decided month-to-month.
“We’re delighted to begin this program with Obsidian,” he stated. Mike Uglesa, President of Hylant Administrative Providers. “Their crew has a confirmed observe report of offering options for trade niches. The collaboration between our groups throughout product improvement was wonderful. We look ahead to a long-term partnership with Obsidian by means of RoadPilot. ”
William Jewett, CEO of Obsidian Insurance coverage Firm, commented: “We’re delighted to be working with a extremely revered program associate who has a robust and confirmed observe report within the restaurant and restaurant enterprise. The RoadPilot program provides a a lot wanted product within the meals supply phase and has developed an revolutionary strategy to extra correct threat evaluation utilizing telematics. We look ahead to a long-term partnership with Hylant in addition to a robust group of reinsurers supporting this program. “
RoadPilot is an app-based expertise that drivers set up on their telephones. Clients even have entry to a user-friendly management panel out there 24/7. It offers managers with real-time knowledge to trace driving progress and detailed evaluation of driving statistics to assist determine and get rid of harmful driving habits. The information can be used to reward and incentivize workers who drive protected driving.
Discover out extra at https://roadpilotinsurance.com.
Hylant is likely one of the largest personal insurance coverage brokerage companies in United States… Based in 1935, headquartered in g. Toledo, Ohio, we provide complete threat administration providers, worker advantages brokerage and consulting, loss management, healthcare administration and insurance coverage options for companies and people domestically, nationally and internationally. www.hylant.com.
About Obsidian insurance coverage firm
Obsidian Insurance coverage is a subsidiary of Obsidian Insurance coverage Holdings, Inc., a brand new insurance coverage holding firm that points insurance policies signed by managing normal brokers, managing normal insurers and program managers. Obsidian sourcing, underwriting and managing a various portfolio of property, casualty and specialty insurance coverage packages, and reinsures most of its software program enterprise to pick out reinsurers. Obsidian was based in 2020 in partnership with main insurance coverage trade executives and Genstar Capital. For extra data go to www.obsidianspecialty.com.
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SOURCE Obsidian Insurance coverage Holdings, Inc.