Claims firm to create 40 jobs with HQ

Leading UK claims company, Stanton Fisher is looking to treble its Irish workforce via the opening of a new Irish headquarters, which will see the creation of 40 new jobs, initially.

Last month, Stanton Fisher urged the Government to introduce new laws to ensure banks who mis-sold payment protection insurance (PPI), here, were forced to compensate thousands of customers. The company warned that the true extent of mis-selling in Ireland could be closer to €500m rather than the €67m figure estimated in a previous Central Bank-commissioned investigation.

Warning that the issue could go down as “the biggest financial scandal in Irish history,” Stanton Fisher’s managing director, Brady Collins said a full independent public inquiry was needed.

The new Dublin office will see 20 jobs added to the firm’s 18 or so here already, and another 20 created over the next six months.

“We have ambitious plans for Ireland,” he added.

“With the new facilities and staff, we aim to tackle financial mis-selling head on. It is a national scandal. PPI has been mis-sold by banks to people who were not even eligible to avail of it in the first place,” said Mr Collins.

PPI — designed to act as insurance cover for loan repayments should the loanee become temporarily unemployed — has, reportedly, been mis-sold by lenders, as part of broader loans to people not eligible to claim PPI in the first place, with many being already retired. Stanton Fisher claims that it had won back “tens of millions” for UK-based PPI claimants, with one client being refunded close to £200,000.

In addition, Stanton Fisher has launched a new medical division to its Irish operations, offering a new compensation service for PIP breast implant victims.