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IRDA launches highway ambulance project

The project worth around Rs. 9 crore has a duration of two years and will be funded by 27 general insurance companies and IRDA in equal proportion

April 16, 2014 10:16 IST | India Infoline News Service
In order to study the accident patterns and identify solutions for insurance and accident prevention measures, the Insurance Regulatory and Development Authority (IRDA) has launched highway ambulance pilot project.
The project involving general insurance industry, police administration, medical community, IT professionals and National Highway Authority has been launched in the 250-km Hyderabad-Vijyanagaram segment of the national highway. If found suitable, the insurance industry will set up a nationwide ambulance project, says a media report.
The project worth around Rs. 9 crore has a duration of two years and will be funded by 27 general insurance companies and IRDA in equal proportion.

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