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ARGO Tracker Announces Strategic Partnership with Global Solutions Insurance Services.


TUCSON, Ariz. -- ARGO Tracker, a provider of real-time asset tracking and cargo monitoring solutions, announced today the formation of a strategic alliance with Global Solutions Insurance Services (GSIS GSIS Government Service Insurance System (Philippines)
GSIS Graduate School of International Studies
GSIS German Swiss International School (The Peak, Hong Kong)
GSIS Graduate School of Information Sciences
) for a preferred commercial transportation program.

The program, which is expected to reduce insurance costs by 10-30%, bundles the availability of preferred insurance rates through GSIS with companies selecting the ARGO Tracker asset tracking and monitoring solution.

"ARGO Tracker's technology solutions have generated significant interest within the insurance industry. We see two reasons for this," said Mike Hammons, chief executive officer of ARGO Tracker. "The first is that our solutions have been shown to lead directly to reductions in claims frequency and severity. Secondly, it allows the insurance industry the opportunity to penetrate new markets involving high-risk goods. This combined effect is the reason why GSIS is able to provide highly discounted insurance programs combined with a high level of support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services ."

Affirming Hammons' comments was Glenn Stebbings, President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of GSIS. "GSIS has always strived to bring innovative solutions to the insurance market. ARGO Tracker's solutions have provided a way to benefit insurance clients by giving them better insight into their fleet's location, as well the performance of their drivers and the safety of the cargo. We are combining their solution with our unique technology and insurance relationships to deliver substantial benefits. We are seeing interest from insurance carriers and that is gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
.

"The ARGO Tracker/GSIS purchase group represents companies dedicated to risk management and claims control - characteristics our insurance carriers are always looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
. The purchase group also controls significant premium volumes which our insurance markets will seek to secure and which, we feel, will prove to be highly profitable. All of these factors will provide the leverage we need to secure the best rates, coverage and service," concluded Stebbings.

ABOUT ARGO TRACKER

Using advanced sensor A device that measures or detects a real-world condition, such as motion, heat or light and converts the condition into an analog or digital representation. An optical sensor detects the intensity or brightness of light, or the intensity of red, green and blue for color systems.  technology and flexible, patented data recording modes, ARGO Tracker provides unparalleled real time container integrity and environmental monitoring capabilities. Additionally, through its highly sensitive Adj. 1. highly sensitive - readily affected by various agents; "a highly sensitive explosive is easily exploded by a shock"; "a sensitive colloid is readily coagulated" , non-line of sight GPS receiver, users are provided with precise location awareness Location awareness, or more commonly "location-aware", is a general term used for something that can show that it is aware of your current location. An example is a GPS. There are also certain websites that use user locations, such as show what other users live nearby the current  on a 24/7 basis. A tough, all weather casing and rechargeable re·charge  
tr.v. re·charged, re·charg·ing, re·charg·es
To charge again, especially to reenergize a storage battery.



re
, battery powered portability makes ARGO Tracker the perfect tracking solution for worldwide deployment. For more information on ARGO Tracker and its customizable tracking and data monitoring solutions, go to www.argotracker.com.

ABOUT GSIS

GSIS pioneered spot excess cargo insurance quote systems Freight Guard that allows trucking to instantly purchase on-line excess cargo when the value of their loads exceed their Motor Truck Policy limit, as well as operational efficiency systems that helps them deliver excellent service and rates. GSIS has been serving the insurance and risk management needs of the transportation industry exclusively for more than 30 years. For more information on GSIS, go to www.gsis.com and www.freightguard.com.
COPYRIGHT 2007 Business Wire
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 16, 2007
Words:471
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