Euro Insurances is a specialist motor insurance company operating on a Freedom Of Services basis.

The main feature of our business model is that well defined underwriting principles are utilised in a number of different territories through local partners/agents whilst controlled centrally from a local office in Dublin. Similarly, Euro Insurances out-sources claims handling activities to dedicated Third Party Administrators (TPA’s).
 

Our Partners/Agents will carry out the following responsibilities:

  • New business and renewals
  • Underwriting within the defined framework
  • Policy & documentation issuance
  • Collection of insurance premium
  • Administration


Our claim handlers will perform the following tasks;

  • Notice of loss
  • Assessment of liability
  • Setting reserves
  • Settlement of claims
  • Administration

We perform the following roles:

  • Motor insurance expertise
  • Underwriting capacity and capital
  • Bespoke underwriting and reserving policy and guidelines
  • Initiator of performance improvements
  • Control and direction for the relationship

Euro Insurances strives to develop long-term partnerships with its agents and claim handlers. Our primary focus is on LeasePlan business, especially in the European Economic Area, Australia and New Zealand.
Within our business model we have several approaches to the insurance market; direct fleet insurance, private and commercial agency business and reinsurance business.

  • Locations

    Locations

    Our primary focus is on LeasePlan business, especially in the European Economic Area, Australia and New Zealand.
    At present, Euro Insurances provides insurance solutions in the following countries: Australia, Austria, Belgium, Czech republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, New Zealand, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain & Sweden

  • Solvency II

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    Solvency II; Is it about risk?

    The Solvency II framework will without any doubt ensure that risks are more comprehensively managed by the insurance industry as a whole. The widely quoted challenge regarding data capture and system enhancements will also be a daunting challenge many insurers need to face. However, behind all of this there is a key notion that seems to be forgotten; it is also about creating a competitive edge!

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