Traffic Safety System-Approval 'NOD' by Bahamas' Insurance Agents

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July 05, 2017

Do you agree that our country needs to do something about the many persons driving at dangerous speeds and running red lights with little regard for other motorists, pedestrians and property?

This was one of the questions posed during a recent presentation to 18 members of the Bahamas Insurance Association (BIA) by Intelligent Enforcement Ltd. (IntelEnforce) principal, Donovan Paul, and Chief Information Technology Officer, Michael Arteaga.

The presentation was to inform the agents and to access their level of support for the possible implementation of a new traffic public safety system on New Providence roads; one designed to curb road traffic infractions for a reduction in casualties and deaths and vehicle and property damage.

With almost 1,000 traffic fatalities on our roads since year 2000, and a staggering 1,000 consecutive hit and run annual reports, topped by reports of thousands of traffic accidents annually causing lifetime bodily injuries, inconveniences and significant vehicle and property damage, IntelEnforce is spearheading the move to have a modern traffic public safety system implemented.

Donavan Paul, IntelEnforce CEO said that the new traffic public safety system is a Public-Private Partnership Agreement (PPP), one that enables both the government and the private sector investor a revenue stream.

“Considering the revenue projections attached to the one-month pilot test we did on one stretch of road near our office in central New Providence, we believe the government could recover their initial stake or investment in about a year and garner an immediate effect on the traffic public safety system without having to worry about management costs or hardware expansion.” Chief Information Technology Officer, Michael Arteaga, explained that the system is a third generation radar speed meter police tool.

“This tool not only records the speed of a vehicle per lane, but also records video of the entire scene taking two still pictures, just seconds apart. Based on the offence, the offender may receive a traffic violation ticket,” Mr. Arteaga said.

Attendees learned that the benefits of the new system would include reduced traffic accidents, reduced traffic fatalities, better traffic flow, prevention of property damage, increased revenue for the country, reduced burden on the judicial system, automatic and digital record keeping eliminating warrants being issued for paid tickets, and a more attractive tourism product.

Chairman of the BIA, Emmanuel Komolafe agreed with attendees that the proposal, if adopted by the government will benefit the nation:

“It seems fair to state that there was a consensus among our members that attended the presentation by IntelEnforce that the proposal if adopted and properly implemented could significantly benefit the country.

. Apart from the obvious advantages in relation to safety on our roads and an expected reduction in the loss of life and casualties, there are potential benefits to our members and the economy.

The likely decline in traffic violations and road crime statistics could result in reduction in insurance claims and potentially lower insurance renewal costs. However, these benefits can only be maximized and the system fully utilized to achieve the set objectives via a public private partnership.

In the case of the insurance industry, access to pertinent information and the system will determine how much our members as well as their clients benefit from this new paradigm.”

Executive Director of the Bahamas for NAGICO Insurance, Vibert Williams agreed with other attendees that the proposal made good sense.

“I think this is a wonderful system,” said Mr. Williams.

“I think it’s a starting point and it’s good. However, there has to be a firm commitment to the collaboration and sharing of information between the insurance companies, the Road Traffic Department and the government for this to work and be successful.”

Director at Orry J. Sands & Co., Bede D. Sands, concurred: “a great system, we have no problem with it”.

Attendees were BIA Chairman Emmanuel Komolafe, Colina Insurance; and representatives from the leading insurance companies representing J.S Johnson Insurance Agents & Brokers; Bahamas First Insurance; Caribbean Alliance Insurance; RoyalStar Assurance; RMS Insurance Agents & Brokers; NAGICO Insurances (Bahamas) Ltd.; Bahamas Motor Assessing & Claims Ltd.; Orry J. Sands & Co. Ltd. and Insurance Company of the West Indies. 

Intelligent Enforcement Ltd. Chief Executive Officer, Donovan Paul, and Chief Information Technology Officer, Michael Arteaga, presented a new traffic safety system to key members of the Bahamas Insurance Association. The presentation was to inform the agents of the new system, which is designed to curb road traffic infractions for a reduction in casualties and deaths and vehicle and property damage. Photo: Serena Williams/SWPR

About Intelligent Enforcement Ltd. (IntelEnforce)

Intelligent Enforcement goal is to elevate local enforcement with proactive tools for real time monitoring and effective enforcement linking reactive cameras to proactive scanners, radars and sensors to protect public thoroughfares and critical infrastructure form traffic and internet offenders, structural vandalism and constant usage.

The primary objective of Intelligent Enforcement is to operate as an authorized local Infrastructure as a Service “IaaS” Provider delivering industry security standards. By doing so enforcers are relieved of such burdens and benefit directly, through technology, increasing efficiency and effectiveness and ultimately improving the nation.

News date : 07/05/2017    Category : About Bahamians, Business, Press Releases

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