Aon Affinity Chooses Instec Policy System for Transportation Program

Through its expanded engagement with the vendor, Aon will provide an improved customer experience and greater rating accuracy for the underserved small fleet market.

(Image credit: Shutterstock.)

Aon Affinity, a division of global professional services firm Aon plc (Chigaco), has chosen Instec’s (Naperville, Ill.) Policy system as the platform for a multi-state small fleet transportation program from Aon Affinity. The program is being rolled out nationwide in all states except New York, Alaska, and Hawaii.

Mark Nunes, SVP, Aon Affinity.

Aon Affinity provides programs and specialty solutions for affinity organizations and their members. In November 2019, the company announced a new motor-carrier insurance program that adjusts rates monthly based on driving behavior. The program is offered exclusively through CarrierHQ’s mobile-friendly online portal and covers fleets with 20 or fewer trucks.

Expansion of Long-Standing, Successful Relationship
“Instec and Aon have partnered on several other opportunities in the commercial auto space. Applying a single platform from Instec enables efficiencies across our business,” comments Mark Nunes, SVP, Aon Affinity. “This is simply an expansion of a long-standing and successful relationship.”

The offering uses third-party data, real-time driving analytics, and a proprietary rating algorithm to score each driver. Premiums are adjusted monthly for each truck based on driver scores.

“Together with Instec and CarrierHQ, we’ve created a more accurate and efficient rating, quoting, and issuing environment, and an improved customer experience for small fleet trucking,” adds Nunes.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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