Sentry Teams Up With Motive For Commercial Trucking Telematics Program
Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will give customers up to 5% on their Sentry premiums for sharing their electronic logging device (ELD) and dash cam data from the Motive platform with the insurer.
Motive is a software development company that combines IoT hardware with AI-powered applications to connect and automate physical operations.
“Up front, our customers save money on their premiums,” said Nick Saeger, Associate Vice President of Products & Pricing for Sentry. “Long-term, the data we gather through Motive will help us bolster our safety programs and in-house claims service even further. Telematics data could also serve as the next pricing frontier.”
Stevens Point, Wisconsin-based Sentry, which insures more than 7,000 trucking customers and 48,000 units, will provide customers who share their ELD data up to a 3% premium discount. Customers who share ELD and dashcam data will receive up to a 5% discount.
- El NiƱo Likely Strongest in 75 Years, US Forecasters Say
- 20 Years After Hurricane Katrina: Are Insurers Ready for a Different $100B Disaster?
- US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success
- Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers to Begin