[May 02, 2024]

Introducing Motus Protect: Unique Risk Management Solutions for Companies Dependent on Employee-Owned Vehicles

Motus, the industry leader in vehicle reimbursement and risk mitigation solutions, today announced the launch of Motus Protect to help companies identify and address potential liability from employees driving their own cars to do their jobs. Protect includes Auto Insurance Monitoring, Motor Vehicle Record (MVR) Monitoring and Driver Training, which collectively provide the essential tools for due diligence and risk management.

The introduction of Motus Protect is timely because employers need to monitor employees who drive as part of their job to confirm they are properly insured, licensed, and trained. Over the past year, auto insurance costs have increased 22%*, making it difficult for people to prioritize insurance payments or maintain adequate coverage, and resulting in 14% of drivers choosing to drive uninsured**. Employers may be unaware that damages beyond the employee's coverage will pass to the company when an employee is driving while working.

Phong Nguyen, CEO of Motus, commented, "In our current environment, the importance of risk management solutions like Motus Protect cannot be overstated. Employers are unfortunately one catastrophic event away from significant financial losses and damage to their corporate reputation. While never reduced completely, organizations are looking for ways to uncover and proactively address liabilities from employees that drive personal cars for work."

Nguyen further explained, "Motus Protect presents a distinct driver risk mitigation advantage. Our solution gives companies a wide range of configurable building blocks to meet their risk tolerance. With our deep expertise in vehicle reimbursement, Motus stands as the leading choice for companies aiming to demonstrate due diligence with visibility into unforeseen company risk."

Key features of Motus Protect product line include:

• Auto Insurance Monitoring - Unique Solution Validates Active Insurance and Sufficient Coverage
  Leveraging automation and machine learning technology to identify drivers with insufficient or lapsed insurance, Motus offers an innovative approach superior to policy renewal or annual checks. With notifications and reporting for any non-compliant drivers, business leaders can swiftly address and resolve coverage issues, safeguarding against potential liabilitie and making sure their employees are personally protected.

• Motor Vehicle Record (MVR) Monitoring - Oversight of License Status and Risky Driving Behaviors
  
  
  
  
  Maintain due diligence with continuous oversight and alerts to stay aware of license status, and infractions. Intuitive reporting and scoring provide employers with indications of riskier driving.

• Driver Training - Enhancing Skills with Accessible Online Courses
  Online curriculums strengthen essential driving skills and encourage adoption of defensive driving practices among employees. Convenient 15-minute segments make it easy for drivers to reinforce critical driving skills during their busy workdays and reporting for employers makes it easy to track adoption and progress.

Motus Protect integrates driver risk mitigation with Motus Reimburse, expanding the centralized visibility and control needed to optimize the spend and operations of reimbursement for every employee who regularly drives their own car for work. Motus helps companies design a future fleet that meets their unique needs and business objectives without the distraction of managing a fleet of cars.

To learn more please visit motus.com/motus-protect/.

*March 2023 to March 2024 comparison. Bureau of Labor Statistics Consumer Price Index Summary April 2024
**Insurance Information Institute

About Motus

Motus is the leading expert in vehicle reimbursement and driver risk mitigation, offering proven and secure solutions for every driver that simplify the reimbursement of driving costs and reduce corporate risk exposure. With an unmatched pool of data refined over more than 80 years, Motus is the preferred partner to top Fortune 500 companies and organizations committed to workplace agility. For more information, please visit www.motus.com or connect with us on X, Facebook, Instagram, or LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240502632836/en/

[ Back To TMCnet.com's Homepage ]