Drivers face wait over Setanta claims

Thousands of Irish drivers could have to wait months to find out if their insurance claims will be covered by the assets of bust provider Setanta Insurance, a Dáil committee was told yesterday.

The Joint Oireachtas Committee on Finance, Public Expenditure and Reform heard that the liquidation of the company, which operated in the Irish market but was regulated in Malta, is in the early stages and could take “two months or so”.

Setanta went out of business in April, leaving 75,000 Irish policyholders without cover and many out of pocket having already paid premiums.