Canal Insurance Chooses Lytx to Streamline Safety and Reduce Risk

Lytx has signed an agreement with Canal Insurance Company to offer the Lytx DriveCam Program to insureds.

According to a release, the Lytx DriveCam Program is a solution that enables fleets to reduce collision, fuel and maintenance costs resulting in an average six month return on investment. Lytx's DC Enterprise and DC Protect programs will be offered to Canal insureds as a CanalRISK360 value added service through its risk management services unit.

CanalRISK360 are the branded resources and alliances that Canal uses to proactively engage insureds to help improve safety and reduce operational costs by evaluating operations, developing safety plans and delivering training for insureds.

"We believe that bringing the Lytx DriveCam Program to our insureds' fleets is another unique and effective solution Canal offers that can assist insureds in improve operations," said Gary Flaherty, Canal Assistant Vice President, Risk Management Services. "The DriveCam program will be one of the cornerstones of the resources in CanalRISK360 and is essential in our goal to improve driver safety."

"Canal is a leader in its commitment to helping its clients improve fleet safety through its innovative CanalRISK360 resources. We are proud to be able to contribute to the success of Canal's clients," said Eliot Feldstein, Senior Vice President of Strategy and Corporate Development for Lytx. "Together, Lytx and Canal offer clients a rich safety solution and a commitment to helping those clients dramatically improve fleet safety."

More information: