The Central Bank has advised 14,000 Irish motorists caught up in the collapse yesterday of a Gibralta-based insurer, Enterprise Insurance Company, to seek alternative cover.
Many of the people affected may not be immediately aware, as policies were written through brokers around the country viaWexford-based insurance underwriting agency, Wrightway Underwriting.
While the Central Bank in Dublin is working with Gibraltar authorities to ensure that Irish policyholders are identified and communicated with, it said that any concerned policy holder should contact their broker in the first instance.
The Central Bank in Ireland was only informed of the ins…
Read the full article at: http://www.irishtimes.com/business/financial-services/enterprise-insurance-closes-affecting-14-000-irish-motorists-1.2731470