Skip to main content

Clearview launches ROI calculators for road safety schemes

Clearview Intelligence (CI) has launched two free to use return on investment (ROI) calculators to assist highway professionals in showing the benefit of improving road safety on their network. The tools are said to demonstrate how road safety schemes pay for themselves during their lifetime as well as quantifying the number of lives saved and injuries prevented. Designed for both SolarLite Active Road Stud installations and for combination road safety solutions, the tools use the official costs of accident
May 18, 2018 Read time: 2 mins

8795 Clearview Intelligence (CI) has launched two free to use return on investment (ROI) calculators to assist highway professionals in showing the benefit of improving road safety on their network. The tools are said to demonstrate how road safety schemes pay for themselves during their lifetime as well as quantifying the number of lives saved and injuries prevented.

Designed for both SolarLite Active Road Stud installations and for combination road safety solutions, the tools use the official costs of accidents from the Department for Transport (DfT) associated with the value of preventing road casualties which are then offset against the Clearview safety scheme.

It includes key cost factors such as the road type and killed or seriously injured reduction targets; the basic cost components of the scheme and a few details about the individual using the tool. In addition, the total ROI broken down into monetary savings and lives saved per annum is also considered.

Related Content

  • October 12, 2016
    IAM RoadSmart calls for joined up thinking on road safety
    Action is needed from across government departments to reverse the trend of flat-lining road deaths, according to new research from UK road safety charity IAM RoadSmart, which says reducing these deaths would in turn offer a large saving to the public purse. The new report, Evaluating the costs of incidents from the public sector perspective, is the first attempt to update the formula for death and injury cost figures since the 1990s. It is also the first time anyone has highlighted the costs to the publ
  • July 30, 2012
    How typical?
    Deployment of solar-powered LED road studs has provided significant cost benefits whilst reducing KSIs on notorious routes in South Africa. Can these results be replicated in other regions of the world and on less notorious stretches of road? According to Kevin Adams, Astucia's CEO, they can.
  • July 1, 2016
    UK road safety’ is stagnating’ – IAM and RoSPA call for new strategy
    Independent road safety charity IAM RoadSmart and safety charity the Royal Society for the Prevention of Accidents (RoSPA) have called for government action following the release of the Department for Transport’s (DfT) reported road casualties in Great Britain 2015. The 2015 figures show there were 1,732 reported road deaths – two per cent fewer compared with 2014. According to the DfT, this is the second lowest annual total on record after 2013. The number of people seriously injured in reported road tr
  • February 3, 2012
    Driver training saves lives, increases profits, reduces costs
    An innovative UK Government initiative on work-related driver training has resulted in astonishing success, not only in terms of government objectives, but also in substantial cost-benefits for companies and public sector authorities participating in the scheme: they save lives and increase profits/reduce costs Here, we present an overview of the initiative and, overleaf, provide a detailed cost-benefit analysis which amply illustrates why it has been enthusiastically embraced by industry and the public sec