Announcement from Liberty Insurance
On the 30th March 2015, Liberty announces they have withdrawn from providing Liability covers for Hotels, Restaurants and Public Houses.
As one of the major suppliers to this sector over the last couple years, this will inevitably lead to an increase in rates in this sector of the market.
This is a direct result of the volume and cost of claims.
There are few Insurers in Ireland who are now providing this cover and this emphasis the need of customers to be with a Broker with strong international contacts