Archive for the 'News' Category
Central Bank Of Ireland Consumer Protection Code 2025
The Central Bank of Ireland has taken the final step in reviewing the Consumer Protection Code by publishing its Feedback Statement. This follows last year’s public consultation on proposed changes to the Code, which will officially be updated from 24 March 2026. Consumer Protection Regulations The Central Bank of Ireland has made several adjustments […]
Safeguard Your Home In Preparation For A Storm in Ireland
The Irish weather can be very unpredictable. When a storm is on the way, your home should be a safe haven, but strong winds and heavy rain can cause serious damage if you’re not prepared. Here are some steps to help keep your home safe when bad weather strikes. Stay Updated on Weather Alerts Keep […]
Ireland’s New Speed Limits For 2025
Big changes are coming to Ireland’s roads in 2025 as new speed limits are introduced to make travel safer for everyone. These updates aim to protect all road users, especially in rural and built-up areas. Which speed limits in Ireland are changing? Rural Local Roads – The speed limit on many rural local roads will […]
Book of Quantum
The Book of Quantum serves as a reference guide in the Irish legal and insurance systems to assess compensation values for personal injury claims. The Personal Injuries Assessment Board in Ireland published it to provide guidelines on appropriate compensation for various injuries, such as broken bones, whiplash, or soft tissue damage. The book categorises injuries […]
Principle of Proximate Cause
The Principle of Proximate Cause is one of the fundamental Principles of Insurance. It determines whether a loss is covered under an insurance policy. According to this principle, when an insured event occurs, the insurance company will assess the cause of the loss and determine whether it falls within the scope of coverage provided by […]
Involved in a car accident in Ireland? What you should do!
Let’s face it, car accidents can be pretty scary. In the heat of the moment, it’s easy to feel overwhelmed and confused. But hey, don’t worry. Even though we hope it never happens, being prepared can make all the difference. That’s why we’ve put together a handy checklist of tips to guide you through if […]
Am I insured to drive someone else’s car in Ireland
Yes, it’s legal to drive someone else’s car in Ireland, but with some conditions: Permission: Ensure you have explicit permission to drive the car; otherwise, it could be considered theft. Insurance: You should have your own car insurance. Third Party, Fire & Theft and Comprehensive policies generally allow you to drive another person’s car, but check […]
Principle of Subrogation
Subrogation is one of the main principles of insurance. Subrogation refers to the right of an insurance company to pursue a third party that caused a loss to the insured. For example, when an insurer pays a claim to a policyholder if a third party’s negligence caused the loss, the insurer may seek reimbursement from […]
Principle of Contribution
The Contribution Principle in insurance refers to the concept that if a customer has multiple insurance policies covering the same risk, each insurer should contribute proportionally to the claim. The Principle of Contribution ensures that no single insurer bears the entire financial burden of the loss. It promotes a fair distribution of liability among the […]
Perils vs Hazards
A Peril and a Hazard in home insurance are two distinct concepts. A Peril refers to a specific event that can result in a loss, such as theft, fire or flood. On the other hand, a hazard is a condition that increases the likelihood of a Peril occurring, making the loss more probable. Peril example: […]