Huge amounts of plant, machinery and industrial equipment are sold on or stolen costing finance providers and insurers hundreds of millions of pounds each year. I&P can provide added security for funders and insurers by monitoring assets and dealing with exceptions which breach funding covenants and relevant terms and conditions. For example; should a tracked asset be moved out of a pre-agreed zone our geo-fence system will alert us to that fact. We then assist your audit team to ascertain whether this is a genuine breach. Thereafter we can co-ordinate your loss recovery function and assist in delivering a positive outcome – a returned asset or compelling evidence to aid prosecution. |
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