The National Insurance Commission, NIC has indicated that the commission will soon roll out a new system that will allow motorists to check the authenticity of insurance stickers instantly.
The Commissioner of NIC, Justice Yaw Ofori said the database will rid the system of fake insurance stickers which the commission believed has become common on the market.
“It is a system that the commission wants to introduce in collaboration with industry players. Basically what this is going to do is to clamp down or stop illegal stickers on the market. And also bring some sanity with respect to pricing of insurance policies.â€
Explaining how the process will work, Mr. Ofori noted that a shortcode will be developed where individuals can send car details to in order to check which insurance company issued the sticker.
He said “you should be able to confirm the authenticity of a motor sticker. Instantly So someone goes to an insurance company, buys insurance, the policy is going to be issued online and instantly he is going to get a confirmation for buying insurance from company ABC.â€
Read also: National Insurance Commission to introduce more compulsory insurance products this year
The move comes at a time when the commission has announced its intentions to ensure that more vehicles on the country’s roads are insured as a way to protect the public.
“This will help the Police also change the authenticity of the stickers just by sending the vehicle license number to a short code,†Mr. Ofori added.
The creation of the database is currently at the Procurement stage and the commission has expressed confidence, it will be rolled out before the second quarter of 2019.