Insurance Ireland

🎄 Christmas is a lovely time to spend with family and friends. But it's also a time to remember to protect the things that matter most. In our latest Consumer Blog, we have some helpful tips on protecting you, your home and your loved ones this festive season. 🔗 Read the full blog here: https://lnkd.in/eddvg2f8   You can also check out our other consumer blogs on UnderstandingInsurance.ie. #Christmas #HomeInsurance #UnderstandingInsurance

🇫🇷☘️ I had an amazing time in Paris at #SMART2024 where insurance leaders & civil society came together to build solutions for future generations As one of the largest institutional investors into the real economy, insurers not only protects people but also drives global competitiveness Let’s continue to work towards inclusive growth. Big thanks to France Assureurs for an incredible event!

Insurance Ireland says today’s publication by the Judicial Council of revised Personal Injuries Guidelines, which recommends an average 16.7% increase in awards, will increase the cost of claims. #PersonalInjuries #InjuriesResolution #ClaimsEnvironment #Insurance

I am delighted to share that today I was appointed as a Co-chair of the Data and Disclosures Working Group to Central Bank of Ireland's Climate Risk and Sustainable Finance Forum. Special thanks to Rory McElligott and Philip Brennan for nominating me for this position and to my Insurance Ireland's colleagues for their ongoing support. Look forward to engaging with Insurance Ireland members on these important topics in 2025.

Great to see this statement by the European Supervisory Authorities on a consistent approach to the implementation of #DORA. It sets out clear expectations for financial firms reflecting existing starting points and the need for gaps to be identified and addressed in a timely manner. Welcome and important in an integrated single market is the commitment of the ESAs to continue to work with national authorities to deliver “a pragmatic, outcomes-focused and timely approach to implementation”. https://lnkd.in/eyNYKZMg

Insurance Ireland welcomes this morning's news that the Injuries Resolution Board's functions and powers are being continually developed. The Injuries Resolution Board's recently introduced mediation service has now been extended to motor insurance personal injury claims.   This is an important step in the evolution of the Injuries Resolution Board, giving consumers a simple and effective method of settling an injury claim without the cost, stress and delay of going into litigation. The Injuries Resolution Board began offering mediation services for employer-liability claims in December 2023 before extending this to public liability injury claims in May 2024. #PersonalInjuries #MotorLiability #Insurance #ClaimsEnvironment

The Injuries Resolution Board has today launched the first report in the Vulnerable Road Users Series looking at accidents involving cyclists and e-scooter users. In addition, the Board has also extended our mediation services to now include motor liability claims. Read the full accidents involving cyclists and e-scooter users report here - https://lnkd.in/drb2m8NM Read more about mediation at the Injuries Resolution Board here - https://lnkd.in/djTNXBZ9

The #insurance and #reinsurance sector is key to enhancing our #resilience to master current and future #risk. The community is one of the big privileges of working in #insurance. The IAIS - International Association of Insurance Supervisors and Global Federation of Insurance Associations (GFIA) brought us together again. What an honour and pleasure to meet many colleagues and to reconnect with my former boss Sovathana HOR. A big thank you to all of those organising such an amazing event and the colleagues who make these events speacial. Jonathan Dixon and team Thea Utoft Høj Jensen Laetitia Molina Marianne Willaert Insurance Ireland Insurance Europe Ministry of Economy and Finance The South African Insurance Association (SAIA) Vivienne Pearson

In October, we sponsored European Insurance Forum, a key event for insurance professionals hosted by Insurance Ireland at Dublin Castle. The forum is a leading European and international conference for the (re)insurance industry and its stakeholders. As part of the event, Stephen D'Ardis, Of Counsel in our Insurance Group participated in a thought leadership session sponsored by Arthur Cox on ‘Insuring a Planet in Transition – Funding, Insuring, Reporting Sustainability’. Stephen was joined in the session by fellow panellists: - Kathrin Scherff, CEO & MD Advanced Solutions Ireland, Hannover Re - Tatjana Greil Castro, PhD, Portfolio Manager, Muzinich & Co - Jana Platau-Wagner, Head of CSRD Policies and Engagement, Zurich Insurance Stephen also took part in an episode of the popular Fully Covered Podcast with Emma Leonard, recorded at the event, to share insights as a keynote speaker. Listen to the episode at this link: https://lnkd.in/eCVuYP7s

The SCSI - Society of Chartered Surveyors Ireland has a great online tool for homeowners! The SCSI House Rebuild Calculator is a quick and easy way to check the average rebuilding rates for homes in Ireland in 2024.   This can be useful if you are renewing your home insurance and want to ensure that you are fully protected in case of an incident impacting your home. It's important to ensure that your home is fully insured, even for instances where you need to make a partial claim.   Check the average rebuild cost through the SCSI calculator here: https://lnkd.in/eVrYhaZB #Insurance #HomeInsurance #Underinsurance