General insurers to monitor accidents on highways

 

 

 

Armed with the startling revelation that road accidents claim one life every four minutes in India , the general insurance companies are planning to launch a new project to track fatal accidents on major highways and provide instant medical support to the victims.

 

 

The first project will be introduced on the Hyderabad-Vijayawada expressway, after approvals from the Andhra Pradesh Government. 

 

The IRDA and general insurers have set aside Rs. 90 million for mapping the number of accidents in the region. The project will be carried out in collaboration with GMR Infrastructure and ‘108’ ambulance services for two years.