Business
Rekor Systems Announces Its Roadway Intelligence AI Reduces Uninsured Driving Up to 40% in Oklahoma
Since the inception of Oklahoma's Uninsured Vehicle Enforcement Diversion Program, more than 83,000 citizens have enrolled in the programOver 55,000 citizens
About this update from Rekor Systems, Inc.
[{"type":"text","content":"Since the inception of Oklahoma's Uninsured Vehicle Enforcement Diversion Program, more than 83,000 citizens have enrolled in the programOver 55,000 citizens have agreed to acquire insurance and are no longer at risk of a court appearance, prosecution, or roadside interaction with law enforcementSelf-funded program generates approximately $15 million in diversion feesCOLUMBIA, MD / ACCESSWIRE / March 27, 2023 / Rekor Systems, Inc., (NASDAQ:REKR) (\"Rekor\" or \"the Company\"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced key metrics relating to the success of the Oklahoma Uninsured Vehicle Enforcement Diversion (UVED) Program in reducing uninsured driving in the state by approximately 100,000 vehicles. As of the first quarter of 2023, the self-funded program has generated approximately $15 million in diversion program fees since its inception.Rekor's roadway intelligence AI powers the UVED program, and Rekor's systems are deployed throughout Oklahoma to support the program mission. As motorists travel on the state's roads and highways, strategically placed Rekor Edge systems capture and recognize vehicles and their license plates, gathering information about the vehicle's make, model, color, and license plate. With support from Oklahoma, captured vehicle and license plate information is automatically compared with data from the state's real-time insurance verification system. When a vehicle matches, an evidence package is sent to the District Attorneys Council notifying them of an uninsured vehicle detection. Upon review by the state, the motorist receives an automatic notice to respond in the mail, encouraging them to obtain insurance and enter a diversion program instead of prosecution. The UVED program seeks to keep Oklahomans away from criminal proceedings by notifying the owners of uninsured vehicles about the potential for charges before law enforcement intervenes and supports enrolling them in an affordable insurance program.Since its inception in 2018, more than 83,000 people have enrolled in the program. Over 55,000 citizens have agreed to acquire insurance and are no longer at risk of a court appearance, prosecution, or roadside interaction with law enforcement. There has also b...