Finance Minister Paschal Donohoe says injuries board way forward, not litigation.
Finance Minister Paschal Donohoe says injuries board way forward, not litigation Paschal Donohoe has put judges tasked with reducing insurance pay-outs on notice that the current trends are unsustainable. The Finance Minister fired a shot across the bow of the new Personal Injuries Guidelines Committee as he revealed settlements by the Government’s preferred route of the Personal Injuries Assessment Board (PIAB) have decreased starkly from €57,571,408 in 2015 to €49,727,849 in 2018 while the number of cases settled in court went up. The PIAB is preferred by the Government because it is swifter and cheaper than the court route. On […]
Cybercriminals exploiting Coronavirus
Public concern and working-from-home mandates are providing opportunities for cybercriminals. Europe has now closed its borders and it is expected that Coronavirus will continue to trigger widespread disruption globally. In an effort to protect public health, more and more governments have implemented school closures and working-from-home mandates. CFC’s in-house cyber incident response team notes, however, that the public concern about the virus’s spread as well as remote working is creating opportunities for cybercriminals. This advisory provides some background on these risks along with some easy-to-implement steps that businesses can follow to avoid falling victim. Coronavirus increasingly being used in phishing […]
ALLIANZ IRELAND ANNOUNCES 14 SUPPORT MEASURES FOR YOUR CUSTOMERS
ALLIANZ IRELAND ANNOUNCES 14 SUPPORT MEASURES FOR YOUR CUSTOMERS Volunteers supporting the national emergency effort will receive extended vehicle cover automatically enhanced under all home insurance policies to facilitate home working. Automatic extension of ‘days grace’ at renewal to 28 days to allow more time for personal customers to be able to contact you. Maintaining existing cover on premises during business closure – businesses are advised to contact their brokers for further information. Taking action to ensure we support customers and brokers as widely, fairly and as speedily as possible across the Republic of Ireland and Northern Ireland. Further […]
Why Use an Insurance Broker?
An insurance broker keeps your mind at peace. Below are seven reasons why using an authorized Insurance Broker is more beneficial and cost effective than going direct. 1. Choice Brokers have access to a variety of insurer’s products and can compare various product offerings and advise on best service provider, best cover rate from the most suitable provider – EVERY TIME 2. Independence Brokers are independent and not tied to any one provider. 3. Expert Advice Just like an accountant or lawyer, based on years of experience and training a broker can provide the same professional advice to you on […]
Life Insurance and Why You Need It
What is Life Insurance? Life Insurance is a form of insurance that pays a lump sum to your family in the event of your death. Your family can then use this lump sum to pay off bills or the mortgage, and it could give them an income when they need it most. Do I Really Need It? Having a life insurance plan is an effective way of providing peace of mind knowing that should the worst happen, your loved ones will have the financial security they need at such a difficult time. You can set up your life cover to pay […]
Warning about Cyber Attacks and Security
We received this advice from our IT consultants and thought it was worth passing on to our clients. Message from Nostra re: Cyber-attack threat – please read. Hi all, Friday’s cyber-attack, caused by a malware / ransomware named WannaCry, has affected more than 200,000 victims in 150 countries. Many businesses, including large corporations are among those affected. The malware infected the NHS in the UK on Friday which forced some hospitals to divert ambulances and cancel scheduled operations. Renault was also affected forcing the car manufacturer to stop production in both France and Slovenia. There are a number of solutions in […]
Planning for Retirement – For All Ages
Although you may be years from retiring, it’s worth considering the type of lifestyle you’d like to have when you retire. Maybe you’re looking forward to spending more time on the golf course, taking that trip to Europe, or learning a new language. Whatever your plans are you’ll need to finance your retirement years. And after years of getting up early and going to work, taking care of your family and saving for your retirement, you’ll finally be at a stage where you can think about you again. DO YOU HAVE A FINANCIAL PLAN FOR YOUR RETIREMENT YEARS? That’s the question we all need to ask ourselves, whether […]
D&O – What Does It Cover?
The D&O policy covers claims against Directors or Officers of a company arising from decisions they make whilst running a company. When triggered by a claim, it does the following: Pays the directors legal defence costs upfront, including investigation costs Paying settlement costs or awards Guarantees access to appropriate legal representation Covers civil fines and penalties levied against them Provides financial comfort and piece-of-mind at a potentially very difficult time for the policyholder Can provide balance sheet protection to the company in certain situations Ultimately protects the personal assets of the Directors and Officers of a company Which product? 1. […]
Charity Walk for the Down Syndrome Centre
On 17th and 18th June 2017 Eugene Carlin, along with his friend Terry Noone, will be taking part in a Charity Fundraiser for the Down Syndrome Centre. 60 for 60 at 60 will take place over the two days starting from Dalkey. The first day will finish in Portmarnock Hotel where the group will be entertained and refreshed. The second day will see the group walk back to Dalkey, ending in Killiney Castle where they will celebrate with food, drink and entertainment. If you would like to join our incredible team you can:- Register by contacting Aileen on 01 661 […]
An Apple a Day Won’t Keep the Tax Man Away!!
But our specialised financial advice can. Find out more about how you can be eligible for tax relief on your Income Protection repayments. Income protection can give you a replacement income if you can’t work because of an accident or illness. You can still pay your bills and maintain your family’s lifestyle while you concentrate on getting better. Just think of what might happen if an illness or injury were to prevent you from working and earning that income. If you are self-employed then you are highly unlikely to be entitled to sick pay or state benefit to tide you […]