COVID-19: Navigating the Human & Business impact on Insurance Carriers
Press Release: Business Interruption Claims
Issued 16th April 2021. Insurance Ireland members estimate that business interruption insurance claims will amount to €430m. Read more here…
FAQ on Business Interruption Insurance
Issued 16th April 2021. Insurance Ireland recognise this has been a particularly difficult time for many small businesses given the Covid-19 lockdown restrictions. Read more here…
FAQs: Life Cover & Covid-19 (Updated from April 2020)
Issued 18th March 2021. We are aware that consumers have a number of questions and concerns regarding their policies as a result of Covid-19. The following Q&A may help customers to understand their options for their policy or new policy application. Read more here…
Covid-19 Forbearance Measures 2021 (Updated from October 2020)
Issued 27th January 2021. Insurance Ireland members announce the continuation of forbearance measures, plus the introduction of additional measures, to help customers following the Government’s decision to move to Level 5 Covid-19 restrictions. Read more here…
Covid-19 Forbearance Measures
Issued 27th October 2020. Insurance Ireland members announce the continuation of forbearance measures to help customers following the Government’s decision to move to Level 5 Covid-19 restrictions. Read more here…
PwC article – How does the Insurance Industry respond to the coronavirus crisis?
Issued 11th June 2020. Insurance companies play a pivotal role during times of economic stress by helping households, communities and companies manage risks and cushion against losses. Yet, as one of the biggest groups of investors, they are also vulnerable to volatility in financial markets. Read more here…
Insurance Ireland advises customer to beware of Insurance scams
Issued 28th May, 2020. Insurance Ireland are advising customers to be vigilant to fraudsters seeking to exploit the current environment by tailoring insurance scams to the unfolding Covid-19 pandemic and capitalise on the anxiety and concerns of people in these uncertain times. Read more here…
Issued 5th May, 2020. Our Strategic Alliance Partner Accenture have looked at how the Insurance sector can serve as an important source of strength during the crisis and as a recovery mechanism for Industry. Read more here…
Deloitte report ‘Impact of COVID-19 on the Insurance Sector’
Issued 27 April 2020. Our Strategic Alliance Partners Deloitte have created a report on the ‘Impact pf COVID-19 on the Insurance Sector’. The report looks at the global impact and implications of COVID-19 on the General Insurance, Life & Pensions, Health Insurance and Reinsurance. Read more here …
Life Insurers repsond to Covid-19 crisis – (Updated from 8th April)
Issued 27th April 2020. Life insurers are strongly supporting their customers through the current crisis and are organising their resources to ensure that the customer contact, servicing and payment of claims remains the highest priority. Read more here…
Insurers announce premium supports for motor customers in repsonse to Covid-19 crisis
Issued 24 April 2020. A number of Ireland’s leading motor insurers (Allianz, AXA, FBD, RSA & Zurich) today signed up to commitments on premium reliefs for motor customers, to reflect an expected lower volume of claims due to the travel restrictions imposed during Covid-19 crisis. Read more here …
Covid-19: Insurance Ireland responds to request from Finance Minister to partially refund consumer on their Motor Insurance
Aired 18 April 2020. RTE NEWS: Six one Interview with Declan Jackson, Director of Government Affairs, Insurance Ireland to discuss a suitable scheme with its members to give partial motor insurance refunds to consumers– Watch full interview here…
Insurance Ireland statement regarding Private Health Insurance during the Covid-19 crisis
Issued 16 April. The Private Health Insurers are committed to playing a constructive and supportive role during this national health crisis and appreciate that this is a very difficult time for their customers. Read more here…
Covid-19: Insurance measures to support Businessess and Customers
Aired 14 April 2020. RTE one Interview with Declan Jackson, Director of Government Affairs, Insurance Ireland on measures introduced by Insurers to support Businessess and Customers impacted by the Covid-19 Pandemic – Listen to full interview here…
Insurance Ireland announces forbearance and other measures to help customers during the Covid-19 crisis
Issued 10 April 2020. Insurance Ireland has written to the Minister for Finance, Paschal Donohue, outlining a comprehensive range of measures that the sector is taking to assist customers during the current Covid-19 crisis. Read more here …
COVID-19 Some practical Business advice to help Businesses both in the Republic of Ireland & Northern Ireland
Issued 1 April 2020. Practical steps including COVID-19 check lists & questionnaires for your business from our Strategic Alliance Partner for Conduct and the Customer, KPMG. Read more here …
We note the proposal to extend driving licences and NCTs expiring between the beginning of March and the end of July by 6 months
Issued 31 March 2020. Insurance Ireland members are happy to be supportive and treat such licence and NCT/CRWs as valid when people are renewing their motor insurance or taking out new motor insurance policies. Read more here…
Essential Retailers Operation Outside Normal Hours During Covid-19 Pandemic
Issued 30 March 2020. Some essential retail operations will be permitted to operate outside normal hours for the duration of the Covid-19 pandemic. Read more here…
COVID-19 Practical workforce strategies that put your people first
Issued 23 March 2020. Some practical advice on how our members can safeguard their own workforce from our Strategic Alliance Partner for Talent, Deloitte. Read more here…
EIOPA publishes further recommendations on supervisory flexibility regarding the deadline of supervisory reporting and public disclosure during Covid-19
Issued 23 March 2020. EIOPA has published the expected follow up guidance on timelines for reporting and disclosure during the Covid-19 situation. Read more here…
Insurance Ireland Information & Guidance Document
Issued 20 March 2020. Insurance Ireland are very aware that many of our-customers and businesses are suffering as a result of the very serious disruption caused by the Coronavirus (Covid-19). Read more here…
COVID-19: Insurance
Aired 20 March 2020. RTE Radio one Interview with Declan Jackson, Director of Government Affairs, Insurance Ireland –Listen to full interview here…
Insurance Ireland members working to maintain services to customers and assist businesses closed as a result of Covid-19
Issued 19 March 2020. Insurers are very aware that many of their customers are suffering as a result of the very serious business disruption caused by the Coronavirus (Covid-19). Read more here…
EIOPA issues statement on actions to mitigate the impact of COVID-19 on the insurance sector
Issued Tuesday 17 March. The European Insurance and Occupational Pensions Authority (EIOPA) issued a statement on the impact of COVID-19 on the insurance sector. Read more here…
A lot of queries on household policies coming in as many working from home in the context of COVID-19. Some points to consider
Issued 13 March 2020. Insurers understand the need to work remotely in the context of COVID-19. Insurers will be supportive of policyholders who have the option of working remotely. Read more here…
Insurance Ireland Statement on Coronavirus (Covid-19)
Issued 9 March 2020. Insurance Ireland and its members are continuing to work with Government and the relevant state agencies to ensure that the insurance sector is prepared for the current and potential future developments of the Coronavirus (Covid-19). Read more here…