EBE Technologies and TrueNorth Companies announced earlier this week that the two organizations were going to partner together to offer customers a new paperless option for their workflow-based insurance enrollment needs.
According to EBE, OverDrive was designed to synchronize data in real time between the motor carrier, independent contractor owner-operators, TrueNorth, and the issuing insurance companies.
EBE President Larry Kerr explained to Fleet Owner that TrueNorth’s vision was exactly what his company wanted.
“I think the traditional relationship with an insurance provider is transforming to one where the provider offers solutions to lower costs, improve retention and help mitigate risk,” Kerr said. “As an example, I was amazed to learn from TrueNorth how much uncollected premiums some motor carriers write off because of a lag time of driver termination data being conveyed to insurance providers, and unsophisticated brokers and systems that are unable to identify, let alone solve for this problem.”
TrueNorth’s Asset-Light Risk Solutions Team practice leader Trent Tillman agreed, saying that has his company has created a very unique practice within its Transportation Division of providing risk management solutions to “asset-light” transportation providers.
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