Tag Archives: consumer protection code

Property Claims – Know your rights

   If you suffer damage to your property and need to make an insurance claim the Central Bank’s Consumer Protection Code 2012 stipulates that if your insurer is appointing a Loss Adjuster to handle the claim on their behalf, they … Continue reading

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Fire Damage Claims

Regardless of who you are Insured with, if you suffer fire damage to your home or business you will need expert advice and assistance filing your insurance claim.  How can a policyholder know what they are entitled to claim for … Continue reading

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Why do Insurers want to get involved in building work?

Almost all property damage insurance policies on buildings give the Insurer the option to effect reinstatement. “We will pay the full cost of repair or reinstatement as new, or at our option we will arange for the works to be … Continue reading

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Gorse fires and insurance

The news of wildfires that have broken out over various parts of Ireland over the past few week should be of concern to all property owners.  We have seen news headlines of gorse fires and forest fires in Dublin, Wicklow, … Continue reading

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Why using a Public Loss Assessor is the best option

PROPERTY CLAIMS LOSS ASSESSOR DIRECT KNOWLEDGE – We are experts in insurance policy wordings, what is covered and how the process works.   A Loss Adjuster acts for the Insurer – Claimants are vulnerable and unsure of the process or … Continue reading

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The changing landscape of property claims

The insurance market in Ireland is in a constant state of change.  Most of the changes over the period of the financial crisis in Ireland were not good for consumers. e.g. Insurers seeking to limit cover by restricting cover; imposing … Continue reading

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Response times costing Insurers money

The rate of response in dealing with property claims is costing Insurers more in claims payouts than should be the case.  Over zealous cost cutting has led to pressure on resources. Loss Adjusters are not able to keep on top … Continue reading

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IBA Insurance Service Awards

The Irish Broker magazine for April 2016 contains a review of the 26th IBA Insurance Service Awards.  This is the annual survey of insurance brokers on the performance of Insurers across a range of categories in both the Life and … Continue reading

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Fire damage – Know your rights

       It never ceases to amaze us how many people still do not know that they can avail of a service to help them with their property insurance claim.  Unfortunately we do not have a large marketing budget to engage … Continue reading

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Is the Property Claims model fit for purpose?

In recent years the landscape of the property claims business in Ireland has been hard hit. Insurers outsource the handling of property claims to loss adjusting companies to act on their behalf. Adjusting firms are invited to tender to work … Continue reading

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