Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Insurance Council Welcomes Road Safety Strategy

Insurance Council Welcomes Road Safety Strategy 2010

The insurance industry believes a road safety discussion document released today is enormously important to all New Zealanders and deserves significant input from a wide range of interests.

The Insurance Council says the initiative goes right to the heart of New Zealand and involves much more than just reducing the high rate of carnage on our roads.

"The 510 road deaths and 6000 hospitalisations are just the visible disaster on our roads. Add to that the rehabilitation costs to both lives and the economy, the anguish and grief of families and victims and the cost to ordinary Kiwi's from this battlefield".

"It is an enormously important discussion which all New Zealanders should take a view on," said Chris Ryan, Chief Executive of the Insurance Council.

"From a purely insurance-related perspective, New Zealanders claim nearly half a billion dollars from insurance companies a year for motor policies. This does not even come near the total cost to the country in terms of other financial losses. Most important however is the human cost", he said.

A key component of the strategy is the need for education of drivers in New Zealand. Insurance Council members believe that an estimated 20% of drivers are not insured and this is too high. That figure reflects the equally high rates of drivers who are unlicensed, drive unregistered vehicles, and who don't comply with many of the road safety requirements.

Insurance Council members will be making submissions on the document and will strongly support a wide range of views. Clearly the objective of the strategy is to bring down the road fatality rate in New Zealand, which at 14.4 deaths per 100,000 is too high.

However, the Insurance Council adds that the vast majority of New Zealand drivers do drive safely and responsibly in well-maintained vehicles. The vast majority of drivers do not habitually break the speed limit or the law, and this needs to be considered within the development of the strategy.

While noting the current strategy remains in place the Insurance Council welcomes the strategy discussion document and supports the consultative process surrounding it.

ENDS

For further information, please contact:
Christopher Ryan, Chief Executive
Tel (04) 472 5230; Mobile, (025) 441 767

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: