DPL America, a marketer of telematic theft-prevention systems, has engineered the industry's first insurance-reduction program for users of GPS-based asset-tracking technology. Companies that use DPL's Titan Equipment Monitoring System qualify for premium reductions ranging from 20 to 40 percent below industry standard rates, depending on their fleet-replacement value. It is underwritten by an A M Best "A" rated insurance carrier and administered through Benion-Taylor Insurance. The patent-pending program applies to all equipment owners, and policy coverage is equal to that of any existing inland marine policy.
"Titan is the only system available with so many layers of theft protection and a flawless track record of success in both preventing theft as well as recovering stolen equipment," said Joe Fox, senior account executive for Benion-Taylor, "which is why this program applies exclusively to the Titan Equipment Monitoring System."