THIRUVANANTHAPURAM: According to transport minister Antony Raju, insurance companies are reaping the benefits of AI camera introduction as accident rates have fallen to record law in the state. The minister was eulogizing the newly introduced AI camera and the impact it had on quelling road rage and traffic violations. The minister also gave hints about incoming talks planned with such companies and promised to discuss concessions in insurance policies.

“ AI traffic cameras saved many precious lives and along with that, the insurance companies tasted unprecedented success. Insurance companies will be asked to consider offering concessions on insurance policies to those who follow proper traffic rules. The companies will be asked to heft penalties to those who repeatedly violate the rules. The company should also ensure that the traffic violation fine amount is paid while renewing the insurance every year” said the minister.

The Minister said that the insurance companies will be requested to cover the cost of golden hour treatment to be provided immediately after an accident. Minister informed that a meeting of insurance company heads and IRDA officials will be convened next month for this purpose.