Friday August 14, 2020

It’s time for the insurance industry to grow up

A new government review aims to solve the issues caused by the ever-increasing cost of premiums in the insurance sector

27th November, 2016
7
Eoghan Murphy TD, Minister of State at the Departments of Finance and Public Expenditure and Reform, with special responsibility for Financial Services, eGovernment and Public Procurement and Jason Boyle, director, Technology Solutions and Portfolio, PFH Technology GroupPictures: Maura Hickey

Ireland’s insurance sector, which has seen a lot of volatility in recent years, is at the centre of the flux of international investment markets and – with Brexit and Trump – in the midst of an uncertain political and economic climate.

A government working group set up to review the cost of insurance aims to figure out solutions to the immediate and long-term issues that seem to be causing ever-increasing premiums in the...

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