Canal Insurance Company, a trucking insurance specialist, will offer the Lytx DriveCam Program to insureds, white labeling the product as CanalRISK360.
The Lytx DriveCam Program helps fleets to reduce collision, fuel and maintenance costs, Lytx said, resulting in an average six month return on investment. Lytx's DC Enterprise and DC Protect programs will be offered to Canal insureds as CanalRISK360. CanalRISK360 are the branded resources and alliances the insurer uses to help to improve safety, reduce operational costs by evaluating operations, develop safety plans and deliver training for insureds.
"We believe that bringing the Lytx DriveCam Program to our insureds' fleets is another unique and effective solution Canal offers that can assist insureds in improve operations," said Gary Flaherty, Canal AVP, risk management services. "The DriveCam program will be one of the cornerstones of the resources in CanalRISK360 and is essential in our goal to improve driver safety."
The Lytx DriveCam Program combines video with predictive analytics, real-time driver feedback and coaching, intended to reduce injuries and identify and correct driving behaviors that could lead to collisions.
The DC Enterprise program is Lytx's most comprehensive safety program, and is designed to help operators to manage and coach drivers enrolled in their fleet, Lytx said. A streamlined version of the program also is available, intended to enables operators to manage the riskiest 20 percent of drivers while still protecting all drivers from false claims, Lytx said.
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