The Central Bank of Ireland, which acts as the country’s insurance regulator, has increased staff levels by over 25% ahead of an expected influx of UK insurers post-Brexit.
The CBI's director of insurance supervision Sylvia Cronin said that the regulator is "already fielding enquiries" from London-based insurers, the Financial Times reported. Cronin told FT: "I'm staffing...
RSA made more than 900 redundancies last year and plans to make an additional £50m in cost savings.
Information gathered from blackbox telematics has been used successfully to reveal a dishonest customer claim involving a hire vehicle.
More jobs could be lost as a result of the government's whiplash reforms than were lost in the South Wales steel industry last year, Access to Justice told Post.
The expected discount rate reduction has shaved off £10m of profit from motor insurer ERS.