Crunch time for the insurance sector

With spiralling costs driving many firms out of business, the government is stepping up its attempts to reform the insurance industry. Here are seven potentially game-changing developments to expect in 2020

29th December, 2019
Crunch time for the insurance sector
Garda Commissioner Drew Harris rejected the idea of establishing a dedicated insurance fraud unit within An Garda Síochána. Picture: Rollingnews

The insurance crisis engulfing the country isn’t a new phenomenon – it has, unfortunately, gone on unchecked for years. Over the past 12 months, however, its damaging consequences have become far more evident across Irish society and business.

From childcare providers to motorists, playcentre operators and those in the hospitality industry, consumers and business owners across a range of sectors had to contend with a crisis characterised by rising premiums, fraudulent claims and the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Government seeks to speed up ban of gas boilers in new homes

Analysis: Financial and political hurdles could block European Super League

Sport Emmet Ryan 6 hours ago

Dolphin Trust paper trail shows flow of money to ‘DT Cayman’ account

Legal Róisín Burke 10 hours ago

Call for car parking spaces in Dublin to be given over for use of e-scooters