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!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Motoring: VW hopes to broaden its base with new Multivan

Eighth edition of Property Summit captures a changing industry

Motoring: Electric Gran Coupé will make your BMW power switch easy

Motoring: New Q4 e-tron offers entry point to an all-electric Audi