Saturday October 31, 2020

Supermac’s boss considers ‘self-insuring’ group

Move intended to help beat hikes in premiums

30th July, 2017
Pat McDonagh, founder of Supermac’s fast food chain Picture: Michael Dillon

Supermac’s is considering “self-insuring” to avoid rising premiums and what it believes is a failure to fight bogus claims.

The founder of the fast food chain, Pat McDonagh, said he could do a “better job” than insurance companies if he stops paying premiums and starts managing claims himself.

He said out-of-court settlements are fine on genuine claims but when it happens with a fraudulent claim, it just encourages someone...

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