Fleet & commercial
Is Fleet & Commercial Insurance Brokers Ignoring Tiered Risk?
Tiered risk rating models are reshaping fleet & commercial insurance by aligning premiums with actual driver behaviour. Brokers now price policies on telematics-derived accident frequencies rather than a one-size-fits-all flat rate, delivering measurable savings for Indian fleets while preserving coverage depth. In Q2 2024, fleets that adopted telematics-based tiered risk