Insurance News Spotlight


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Over 90 per cent of Irish consumers who switched car insurance providers last year saved an average of more than €100 each, according to a study by the National Consumer Agency (NCA).

The latest study carried out by the agency points to the value to be found by shopping around. It shows 85 per cent of people who switched products or service provider across a range of key categories saved mone
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Drivers, especially ‘boy racers’, who modify their cars, should notify their insurance companies.

A senior figure in the Insurance Federation warned some modifications could alter the performance of a vehicle and, as a consequence, change the insurance cover situation.

Michael Horan, a non-life insurance manager, was replying to concerns raised by a councillor that boy racers — usually
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FAMILIES will be able to save almost €500 a year in private health insurance after all three providers offered to cover children for free for a year.

Health insurers Aviva and Quinn have responded to the VHI by offering the same deal on children, in a desperate attempt to stop people giving up cover, the Irish Independent has learned.

Healthcare experts said the move would go some way to c
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FAMILIES can save more than €1,000 on their health insurance by tweaking their cover, it has emerged.

VHI Healthcare said last week that its prices are set to rise by up to 12.5pc next month, the third hike by the State-owned insurer in just over a year, and follows similar hikes by rivals Aviva and Quinn.

Next month's rises mean families on the VHI Parents & Kids plan will have to shell o
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THE sheer complexity of health insurance policies is forcing people who could afford to keep their coverage to quit because hidden deals are not being adequately explained by insurers.

Consumer Association of Ireland chief executive, Dermot Jewell, said the situation is locking the sector into a vicious circle where the cheapest options are rarely emphasised in an attempt to ensure income remai
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THE strongest critics of our health service arenot prepared to reveal if they have privateinsurance or rely on the public system.

Several left-wing TDs are among a raft of politicians, hospital bosses, HSE managers and senior civil servants in the Department of Health who declined to answer the simple query.

But Health Minister James Reilly, who is in charge of the public health system, admi
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A NEW hike in premiums is set to spark a health cover flight as 100,000 people could be forced out of the private health insurance market.

Families will be hit for an extra €800 a year following the latest private health insurance hike.

This move sparked fears last night that thousands more will abandon private healthcare for the the overstretched public system.

Quinn Healthcare will ad
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Minister for Health wants VHI to concentrate on cutting costs in the year ahead.

HOSPITAL CONSULTANTS are facing further cuts in fees from the State’s largest health insurer, the VHI, Minister for Health James Reilly has signalled.

The Minister told the Dáil the State-owned company had informed consultants it would be seeking further savings on fees when its current agreement expires in t
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Customers of Quinn Healthcare look certain to be hit with a second hike in their premium payments as the company passes on the impact of the recently increased private insurance levy.

The company, which is now owned by Liberty Mutual, revealed that its 2012 higher prices had not factored in the 40% rise in the health insurance levy.

Managing director Donal Clancy said the insurer "could not
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STATE-owned health insurer the VHI has admitted that some people are paying just half the price for the same policy.

All policies offered by health insurers have to be available to everyone at the same price, under the law. But it has emerged that some people with the same plan are paying up to €640 more than others.

Customers of the health insurer who contacted this newspaper have accused

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