Story: Yaw TAKYI
Tema Area Manager, SIC Insurance PLC, Mrs Cynthia Kwarteng Tufuor,has said the increase in road crashes is putting enormous burden on insurance companies, which pay huge sums of compensation to either victims or their dependents.
Mrs Tufuor, who also has oversight responsibilities over parts of Volta and Eastern Regions, was speaking on the platform of the Ghana News Agency Tema Regional Office Road Safety Campaign with the Tema Regional Motor Transport and Traffic Department (MTTD) of the Ghana Police Service.
The campaign which was monitored by Today Newspaper sought to create awareness among road users to honour their respective responsibilities to keep the road safe.
Drivers, especially, were being sensitised to respect road safety regulations.
Mrs Tufuor, commended the GNA-Tema Road Safety Campaign, explaining that already road crashes were a burden on insurance companies, families, and the State as a whole.
Therefore, any activity geared towards reducing the carnage on the roads was worthy.
She said the improvement in road safety was beneficial to the public and the insurance industry because enough savings would be made to guarantee the health and safety of the property of insured victims.
Reducing the number and severity of crashes were generally beneficial to all citizens, while it reduced the volume of claims and compensations paid by insurance firms.
She said SIC Insurance PLC was taking a leadership role to reduce the cause of road safety, therefore, joining the GNA-Tema Regional Office for the Road Safety Campaign would be healthy for the country.
Mrs Tufuor said the company had a transparent claims management procedure for all their clients.