tiprankstipranks
Element Fleet Management Introduces Integrated Risk Solutions for Commercial Fleets
Company Announcements

Element Fleet Management Introduces Integrated Risk Solutions for Commercial Fleets

Story Highlights

Invest with Confidence:

Element Fleet Management ( (TSE:EFN) ) has provided an update.

Element Fleet Management has launched Element Risk Solutions in partnership with Hub International, aiming to revolutionize insurance and risk management for commercial fleets in the U.S. and Canada. This new offering integrates insurance coverage with claims management and advisory services, addressing the challenge of high commercial auto rates and providing clients with a streamlined, data-driven approach to manage their total cost of risk, thereby supporting business growth.

More about Element Fleet Management

Element Fleet Management is the largest publicly traded pure-play automotive fleet manager in the world. The company provides a comprehensive range of sustainable and intelligent mobility solutions aimed at optimizing fleet performance across North America, Australia, and New Zealand. Element addresses all aspects of fleet management including vehicle acquisition, maintenance, route optimization, risk management, and fleet electrification, leveraging its scale and expertise to reduce costs and improve efficiency for its clients.

YTD Price Performance: -1.18%

Average Trading Volume: 67,470

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.16B

Find detailed analytics on EFN stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App