Irish insurers are hoping a new independent body for assessing personal injury claims will help to cut claims.
The Irish Department of Enterprise is to launch the Personal Injuries Assessment Board, to be set up next year, which will offer a cheaper alternative to court action.
Irish Insurance Federation (IIF) chief executive Mike Kemp said fees for professionals including medics, accountants and legal advisers have been estimated at between 25% and 40% of the total settlement cost.
“Damages are a good deal higher here than virtually any other country in Europe,” he said.
Motor claims in Ireland increased 4% last year and employer liability suits were up 10%.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
