Ireland's Injuries Board sets good example
The UK should look to Ireland for a lesson on tackling the problem of increasing insurance premiums, according to Catherine Barton, partner in the insurance team at Ernst & Young.
Ms Barton, responding to yesterday’s Transport Select Committee’s announcement, said the UK could learn a lot from the Irish Injuries Board, an independent government body which assesses compensation levels in personal injury cases.
The operation of the Injuries Board has led to savings of almost 80%, in comparison to the litigation costs that might have been accrued between 2007 and 2010, as well as reducing time spent on settling claims by more than two thirds.
Ms Barton said: “We could learn
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