PIAB was set up with the intention of speeding up claims resolution. What seems to be happening is that Insurance companies are now actually trying to settle claims .....before you lodge with PIAB. Changed times ! For years you'd sent" kick off "letter to Insurance Co.No response for months. Quinn Insurance changed all this .They get on the mobile the week of the accident and offer money,
Sometimes a bit too quick they really don't care whether you're recovered or not. Experience shows they will offer up to double the value of the claim....just to keep out of the PIAB-- the system they agreed along with all Insurance Companies to set up!
About Me
- Michael Monahan BA Solicitor
- Sligo, Co.Sligo, Ireland
- Michael Monahan is the principal of the firm. He covers all aspects of the Law. Graduated with B.A. in Economics and Politics U.C.D. In practise for 24 years in both Dublin and Sligo. He is an authorized Commissioner for Oaths for Swearing of Documents. Michael has a Diploma in Wills and Estate Management with the Society of Trust and Estate Practitioners and has completed a Diploma in Commercial Law with the Law Society of Ireland. Is a qualified NLP practitioner and Career Coach.
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One of the primary reasons that the PIAB Ireland was established was because car insurance premiums were spiralling out of control. This was due to the high level of court costs that car insurance companies faced when defending their clients in court
The success of the PIAB Ireland can be measured in the reduction of time it now takes for claims for personal injury compensation to be resolved (from an average of three years to just nine months) and the tens of millions of Euros it has saved the Irish taxpayer
PIAB Ireland
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