Irish businesspeople have learned to dread emails from their insurance broker. The news is rarely good. Yesterday’s email, circulated late in the afternoon, was a nasty one: Liberty Insurance is pulling out of the commercial liability market. It will honour, and renew, existing policies up until April. But it will take on no new business, and one presumes it will wind down its existing commercial liability business in time. In addition to commercial liability, the insurer said it was also exiting the commercial property and development bonds lines of business. In an email to brokers, the insurer said: “The Broker…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.