Motor Insurance Bureau reassures Setanta claimants

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.

The move follows concern from the Law Society of Ireland that many of the 1,000 people who have claims against the motor insurer, are “petrified” their claims will not be paid out.

Despite only insuring Irish customers, Setanta was regulated in Malta and the Maltese Regulator is not prepared to cover any outstanding claims.