PIAB report - Injuries board a resounding success story

CREATED with the twin aim of shaking up the insurance sector and tackling the malaise of Ireland’s compo culture, the Personal Injuries Assessment Board has turned out to be a resounding success judging by its first report which predicts annual savings amounting to tens of millions of euro for consumers.

In a nation where State agencies are generally perceived as squandering taxpayer’s money, it is refreshing to hear such positive sounds coming from a public body.

For years, right across the board, from the home to the factory floor, the car, the school playground and even the countryside, Ireland’s long-suffering consumers have been paying through the nose for cover.