November 5th, 2024
San Diego, CA November 5, 2024 – Catrak , the global leader in anti-component theft technology, proudly announces the appointment of Jim Noble as the company’s new Insurance Director (for Zero Asset Risk). Noble will spearhead Catrak’s education, marketing, and sales initiatives specifically focused on the insurance industry. This strategic move reinforces Catrak’s commitment to addressing the rising issue of fleet component theft and reducing related insurance claims.
“Catrak was created to solve a critical insurance challenge,” said Noble. “Through many conversations with insurance providers, it was clear they were seeking a robust solution to reduce claims from catalytic converter theft. Today, the brilliant team at Catrak has developed a technology-based answer that mitigates this major risk to its lowest possible level.”
Catrak’s innovative anti-theft solution has seen rapid development, backed by cutting-edge engineering, advanced manufacturing capabilities, and a comprehensive support structure. As the company continues to grow, it remains focused on delivering measurable loss reductions for its insurance partners, specifically in the area of catalytic converter and fleet component theft.
“My role at Catrak is to help the insurance industry understand this transformative technology,” Noble added. “We’re offering insurers a clear path to helping their fleet customers minimize theft and downtime in the face of this growing epidemic.”
With over 25 years of experience, Jim Noble has been a trailblazer in introducing technology-based solutions to tackle fleet-related losses for the insurance sector. His extensive expertise makes him a perfect fit for Catrak, a company that shares his vision of protecting assets and reducing risk through innovative technology.
Catrak remains at the forefront of component theft prevention, working closely with insurers to deliver results that matter. Noble’s appointment marks a key milestone in the company’s mission to safeguard fleets and support insurance providers in minimizing risk.
Catrak most recently won the 2024 IoT Innovation Award for Asset Protection at the Wialon International Conference in Dubai. Aliaksandr Kuushynau, head of the Wialon division at Gurtam, emphasized the impact of the competition, stating, “The IoT Project of the Year competition not only celebrates the expertise of our partners but also illustrates the transformative impact that IoT solutions can have on solving realworld business challenges.”
About Catrak: Catrak is a leading provider of anti-component theft technology. The company’s innovative solutions are designed to minimize fleet downtime and reduce theft-related claims, making Catrak the trusted choice for insurance providers and fleet operators alike.
For Media Inquiries:
John Schneider
Catrak Technologies
Email: john@catraktech.com
Website: catraktech.com