Zurich Insurance and the Motor Insurance Bureau of Ireland (MIBI) believe they have uncovered a multimillion-euro Eastern European fraud ring behind fraudulent damages claims arising from staged accidents.

An appeal by the Motor Insurers Bureau of Ireland (MIBI) against a High Court ruling that it must pay out on outstanding claims following the collapse of the Setanta Insurance Company two years ago has opened before the Court of Appeal.

The Motor Insurers Bureau of Ireland (MIBI) has moved to assure the public with outstanding claims against Setanta insurance that they are entitled to have their third party claims paid.