Leavitt Group and DPL Telematics launch the industry’s first insurance reduction program for equipment owners

Leavitt Group and DPL Telematics launch the industry’s first insurance reduction program for equipment owners

SAN FRANCISCO, CA — October 7, 2008 — DPL Telematics today announced it has developed an initiative with OneBeacon Insurance that will allow OneBeacon policyholders to purchase DPL Telematics Titan Equipment Monitoring System at a discount. This collaboration with OneBeacon offers the insurer’s customers powerful theft protection and security for their equipment, which, in turn, significantly reduces the risk and likelihood of loss.

A unique GPS-based asset tracking technology built specifically for the demanding environment of the construction industry, the TITAN Equipment Monitoring System enables equipment owners or insurers to instantly locate and remotely shut down stolen equipment online. Additionally, the system immobilizes equipment at a predefined curfew window and emits a silent, real-time alarm if a start attempt occurs or the asset is moved. The silent alarms contact an unlimited number of people via mobile phone and email.

“The Titan collects data remotely and transforms it into practical information for intelligent business decisions,” said Tony Nicoletti, director of North American sales for DPL Telematics. “For the equipment owner, it is the complete tool for increasing asset profitability and productivity while reducing the costs and risk of theft.

“Over 50 percent of equipment losses in the construction industry are due to theft; so, by reducing that factor via the TITAN system, we can help reduce the loss exposure significantly for both the equipment owner and the insurer. ”

The Titan Equipment Monitoring System empowers equipment owners and insurers to instantly locate and remotely shut down stolen equipment from any Internet connected computer. Additionally, the system immobilizes equipment at a predefined curfew window and emits a silent, real time alarm if a start attempt occurs or the asset is moved. The silent alarms contact an unlimited number of people via mobile phone and email.

Don Keahon, OneBeacon’s national inland marine manager, said, “A critical element in managing our policyholders’ risks is helping them avoid losses in the first place. By partnering with companies like DPL Telematics, we can offer our contracting customers the added comfort of a proven, reliable solution for protecting their equipment.”

About DPL Telematics
DPL Telematics is a leading developer and supplier of advanced wireless, GPS and telemetry solutions for the construction industry. The company has leveraged its strong telemetry and telecom expertise to develop and manufacture niche, technological solutions and products for 33 years. These solutions, manufactured to ISO 9001:2000 certified standards, are marketed throughout North America from the company’s headquarters located in San Francisco, California.

About OneBeacon
OneBeacon Insurance Group’s operating subsidiaries offer a range of specialty and segmented commercial and personal insurance products sold primarily through select independent agents. As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and the Potomac Fire Insurance Company. Today, OneBeacon’s specialty insurance products are available countrywide, and commercial and personal lines are offered in select geographic territories. OneBeacon Insurance Group’s U.S. headquarters is in Canton, Massachusetts. The company is publicly traded on the New York Stock Exchange under the symbol “OB”.