“We are thrilled to partner with LoJack to offer discounted insurance rates to our commercial clients,” said David Firstenberg, president of The Hanover’s commercial lines business. “Given LoJack’s track record, we truly believe that encouraging policyholders to participate in this program will help significantly reduce the risk that their equipment will be stolen and will not be recovered. As a super regional property and casualty insurer, we are dedicated to being there when our policyholders need us the most. This program reinforces that commitment.”

Specifically, in an effort to reduce the increasing risk of theft of this expensive equipment, new customers or customers renewing their policies are eligible to receive $100 savings off of their insurance policy for each of the first 15 vehicles fitted with a LoJack stolen vehicle recovery system, which can ultimately result in a savings up to $1,500. LoJack has enabled police to recover more than $15 million in stolen construction equipment in 2005.

The LoJack system can be fitted to most construction vehicles and entails the covert installation of a small radio frequency device that is tracked by police. LoJack requires no monthly fees.

The special offer is yet another example of The Hanover’s commitment to providing its agency partners with solutions that benefit their clients, while helping to grow their own businesses. This anti-theft program also helps The Hanover’s agent partners build deeper relationships with their commercial clients, by reducing the risk of a theft to their “big ticket” construction equipment.

The system from Transtrack, a company specialized in tracking & tracing systems for cash transportation, will enable COIN to improve the efficiency of its operations substantially and provide customers more value added services like extensive reporting and electronic invoices. The status of cash deliveries will be available within 24 hours, whereas this used to take weeks using the previous administration system. “Within South Africa the industry is discussing standardizing of information exchange and identification of transports,” says Ronald van Vliet of Transtrack International. “And with this system COIN is leading the market.” The Transtrack tracking & tracing system has been adopted by CIT companies in 10 countries, which makes Transtrack the market leader in tracking & tracing solutions for Cash-in-Transit businesses.

COIN transports cash to and from banks, ATM’s and retailers. Cash consignments are registered by means of a barcode attached to a sealbag. The details of each consignment are recorded- the staff involved, the route, the security vehicle and the content of the consignments. Proper registration of cash transports is essential not just for efficiency, but for safety and security. “This system will enable us to improve our service levels and enhance our operational efficiencies.” says Albert Erasmus of COIN Security Group.

Companies from South Africa and the Netherlands work closely together within the project. South African based QD Group is the system integrator and the local representative for all Transtrack products. QD Group provides local software and hardware support to COIN and is an industry leader in Cash Management and Protection solutions. “The adoption of this technology by COIN indicates that they are ready to quantum leap their service provisions to their clients to a level not yet offered in our industry, this is truly market leading strategy!” says Theo De Oliveira of QD Group.

CaptureTech, Netherlands based international specialist in the field of automatic identification, provided advice on the hardware solution and its integration. “The Dolphin 7900, a hardware solution from Hand Held Products, offers banks and insurers, the security and continuity, and is ready to handle future developments as well,” says Sander de Ridder of CaptureTech.