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New technology * India - To make road shipments much safer
Insurance costs have been rising in India following the elimination of the fixed tariff regime
Kolkata,India -Banking & Finance, by Pradeep Gooptu -March 19, 2007: -- Insurance companies providing cover to shipments being sent by truck, and enterprises shipping goods by road are putting pressure on transporters and truck fleet owners to invest in new technologies and products available in the market to enhance the safety of shipped goods... The fleet owners are being told that the new generation truck and related safety technology and products offered then as well as their shippers the opportunity to reduce their accident and insurance costs, while at the same time enable them to charge a small premium for the additional value proposition offered, the source added... According to the insurance source, this would also enable truck manufacturers to influence bookings and this was a trend that was noticeable in developed countries like the United States...
Labels: insurance
posted by Unknown @ 8:59 AM
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