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  4. On4 Communications (ONCI) Message Board

Farmers is big enough. And, Steve says others wil

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Post# of 40991
(Total Views: 378)
Posted On: 01/19/2019 11:23:41 PM
Posted By: reindeer830
Re: DirtyDawg #24905
Farmers is big enough. And, Steve says others will follow after "the first" is named. A quick review of Farmer's reported financials for recent periods, shows $12B - $13B in annual revenue, and, surprisingly (to me) they reported net losses for the same periods. They need to get their claims/liabilities down to be profitable. Maybe they write "high risk" policies?? Hexagon could help them to reduce claims due to distracted driving accidents. It's possible/probable that deploying DD apps for their customers could have a very positive impact on their net income. And, that would cause a very positive impact on Hexagon net income. If others will follow, it might not matter much who the first is. It is time someone stepped up and did something about fatalities/injuries due to distracted driving.


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