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Masternaut cuts Hopkins insurance costs

Hopkins
20 October, 2006

Hopkins, the manufacturers and suppliers of high quality catering equipment, has earned a rebate on their insurance premium thanks to a web based vehicle telematics service from Masternaut. Following the award of Approved Supplier status by Norwich Union for Masternaut’s satellite tracking service, Hopkins has received a rebate of £1800 on their annual vehicle insurance premiums.

Hopkins manufacture, supply and install virtually every item required for the commercial preparation and display of food. Based in Pudsey, West Yorkshire, the company operates throughout the UK supplying Fish and Chip shops, restaurants, hotels and schools. The company operates a range of vehicles including cars, light vans and delivery trucks, all of which are equipped with Masternaut.

“We couldn’t operate our fleet without Masternaut,” said Chris Hopkins, Managing Director. “Even before the agreement with Norwich Union the benefits provided by Masternaut delivered a return on our investment. The additional rewards we have received, including the insurance premium rebate of £1800, mean that the service effectively pays for itself.”

The Masternaut service uses satellite positioning technology to calculate the position of individual vehicles providing minute by minute and turn by turn records of movements. Using online street mapping from Microsoft, fleet managers can view vehicle movements in real time, via a secure log-in from any web-connected PC or hand held device. E-mailed activity reports are automatically generated to eliminate paperwork and improving vehicle and driver records.

The Norwich Union ‘Fleet Telematics’ Insurance Product rewards fleet operators who have invested in an approved telematics device, such as Masternaut. Masternaut presents a monthly activity report directly to Norwich Union, which provides data such as the number of journeys, mileage and duration as well as details of the type of road used, and the speed of travel. Using this information Norwich Union calculates an annual ‘Risk Recognition Rebates’ that can be up to 16% of the annual policy premium.

Contacts:

Masternaut, Priory Park, Great North Road, Aberford, Leeds, LS25 3DF
Telephone:
Fax: 0113 281 4009
e-mail: info@masternaut.co.uk

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The Masternaut Team
08444 150 150