Insurance sector ‘can create 3,000 more jobs’

The insurance industry in Ireland has the potential to create 3,000 jobs over the next five years and invest up to €1bn in infrastructure projects, according to a major review.

The report, ‘Creating the Future for Insurance in Ireland,’ which was compiled by PwC and commissioned by the representative group, Insurance Ireland, outlined three areas that the Government and industry should focus on to develop the sector.

These included promoting Ireland as a location for international insurance companies.