On-demand webinar · MANTIS and LEVL
Fleet loss ratio: what moves it, and what you can change
Your loss ratio is claims cost measured against premium. Insurers read it as your risk. This session shows what drives it and where camera and telematics data make a difference.
Watch the full session
37 minutes with Matthew Vass, Channel Director at MANTIS, and Andrew Pearce of LEVL Telematics. LEVL brings the telematics side, MANTIS the camera and evidence side.
What you will learn
What loss ratio is, and why it behaves like an operational number
Why premiums keep rising even for fleets that run cameras
What camera and telematics data are each good for
Why the speed of a claim matters as much as the claim
Loss ratio is an operational number
Loss ratio is claims cost measured against premium paid. When it is high, the fleet costs more to insure.
It gets described as an insurance metric. It is closer to an operational one, because what moves it is driver behaviour, how often incidents happen, the quality of your evidence and how fast you respond.
Most fleets still deal with incidents after the fact. Without evidence, a disputed claim is hard to challenge. Without connected data, risk stays invisible until it becomes an incident. Without quick access to footage, a claim that should have closed in days runs for months and costs accordingly.
Three things that move it
The session works through each, with what telematics and cameras contribute.
- 01
Prevent incidents
Telematics and camera data together show risk patterns before they turn into claims: harsh braking, speeding, distraction, fatigue and tailgating. Seeing them early enough to coach is the whole point.
- 02
Prove what happened
Without footage you are working from incomplete reports and conflicting accounts. With it you have one version that does not change depending on who is telling it.
- 03
Close claims faster
Delay adds hire costs, storage, legal time and admin. Evidence in the insurer’s hands quickly is what shortens the process.
Frequently asked questions
Who is this webinar for?
Anyone responsible for fleet safety, operations, risk, compliance or insurance performance. It assumes no insurance background.
What is a fleet loss ratio?
Loss ratio is the claims cost an insurer pays on your fleet measured against the premium you pay. A high loss ratio tells an insurer your fleet costs more to cover than it brings in, which is what drives premium increases and fewer quotes.
Do I need LEVL to use MANTIS cameras?
No. MANTIS works through telematics partners, so you add MANTIS cameras through the provider you already use. Tell us what you run and we will point you to the right partner.