Company: Motus, Boston, MA
Nomination Submitted by: Brands2Life
Company Description: Motus is the leading expert in mobile workforce solutions. The platform simplifies the reimbursement and management of vehicle and device costs through personalized calculations. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real time, Motus is the platform of choice for top Fortune 500 companies and organizations committed to workplace agility.
Nomination Category: New Product & Service Categories
Nomination Sub Category: Transportation
 Nomination Title: Motus' Motus Protect
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
Update of offering released May 2, 2024
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 344 words used.
Motus is the leading expert in vehicle reimbursement and driver risk mitigation, offering proven and secure solutions for every driving employee that simplify the reimbursement of driving costs and reduce corporate risk exposure. With an unmatched pool of data refined over more than 80 years, Motus is the preferred partner to top Fortune 500 companies. Motus underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses.
The company’s new product, Motus Protect, offers a centralized solution for employers to proactively mitigate risks associated with employees who drive as part of their job to confirm they are properly insured, licensed, and trained.
Over the past year, for instance, auto insurance costs have increased 22%, making it difficult for people to prioritize insurance payments or maintain adequate coverage, resulting in 14% of drivers choosing to drive uninsured. That choice can present major risks beyond the driver behind the wheel. Employers may also be unaware that damages beyond the employee’s coverage will pass to the company when an employee is driving while working. Regardless of awareness, the threat persists.
Motus Protect seamlessly helps companies identify and address potential liability from employees driving their own cars to do their jobs. Protect includes Auto Insurance Monitoring, Motor Vehicle Record Monitoring and Driver Training, which collectively provide the essentials for due diligence and risk management. This helps encourage safe driving practices without levying a massive administrative burden on existing teams.
The importance of risk management solutions like Motus Protect cannot be overstated. Employers are unfortunately one catastrophic event away from significant financial losses and damage to their corporate reputation. While never reduced completely, organizations are looking for ways to uncover and proactively address liabilities from employees that drive personal cars for work. Motus Protect presents a distinct driver risk mitigation advantage. The solution gives companies a wide range of configurable building blocks to meet their risk tolerance. Adopting the right technology solutions is the best decision for any business operating with driving employees. By reducing risk, Motus protects with confidence.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 201 words used.
Motus Protect equips companies with the essential tools to identify, manage, and mitigate risks associated with their non-owned or personal fleets. From ensuring driver safety to maintaining compliance, Protect offers a comprehensive solution to safeguard both employees and business operations.
Motus breaks from the common industry standard of bi-annual coverage checks with a more active, innovative approach to insurance monitoring, flagging and alerting any potential changes or lapses in coverage that can occur over the course of a policy term--not just at the term's end date. As a result, Motus delivers 3-6x more visibility. Instead, Motus delivers 3-6x more visibility than checks based on policy dates. Email alerts notify drivers who fall below coverage requirements and administrators receive key reports and insights as drivers complete their submissions – creating visibility with monitoring frequencies to fit customer needs.
Motus Protect has outperformed adoption forecasts by 162%, underscoring the demand for this solution. Alongside this success, 92% of all vendor verifications are processed in under 10 minutes. The exceptional speed for processing vendor verifications continues to set a new industry standard, delivering unmatched efficiency and performance for our customers, providing the tools companies need to identify and mitigate risk in their non-owned/personal fleets.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 22 words used.
● https://www.motus.com/blog/introducing-motus-protect-risk-management-solutions/
● https://www.motus.com/blog/introducing-motus-protect-risk-management-solutions/
● https://resources.motus.com/cpm/business-guide-liability-and-compliance?lx=KjvcBn
● https://resources.motus.com/safety/employer-benefit-comprehensive-safety-programs?lx=FdNzUv
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