South African insurer OUTsurance to launch in Ireland

South African insurance company OUTsurance plans to launch in the Irish market next year.

Entry into the market is subject to obtaining an insurance licence from the regulator here, according to a spokesperson for the company.

OUTsurance plans to offer consumers motor and home insurance products.

“The Irish market is deemed to be a suitable and good market for the following reasons, it has a stable regulatory environment, the market has a track record of ...