Monday, 15 October 2018

The Motor Insurers’ Bureau of Ireland (MIBI) is continuing its journey of modernisation, attendees at the Annual Conference heard. The advances made to the MIBI Constitution, improved efforts to combat fraud, enhanced corporate governance and developments in the wider insurance sector were all cited as having contributed to the heightened performance of the MIBI over the past twelve months.

The event, which was entitled, Correcting the Claims Culture: Developments in the insurance sector and their potential impact on the MIBI and our stakeholders, took place in the Morrison Hotel in Dublin and attracted a full house of approximately 150 people.

Speakers at the conference included Chairman of the Personal Injuries Commission and former President of the High Court, Justice Nicholas Kearns; Superintendent Con O’Donoghue of the Garda National Roads Policing Bureau; Robert Smyth, Head of Fraud with Aviva; Senior Counsel Jonathan Kilfeather and Lynsey Wade of Wade & Associates. While MIBI Chairperson, Deirdre Fagan of AXA opened the proceedings.

(Pic. Mr Justice Nicholas Kearns & David Fitzgerald (CEO) MIBI)

The conference also heard from a number of the MIBI personnel, addressing various policy and administrative focuses for the MIBI. This was led by Chief Executive David Fitzgerald who provided the MIBI perspective on developments within the MIBI, advances in relation to their recovery strategy, anti-fraud measures, MTPL/ ANPR, periodic payment orders, the MID REFIT review, the new MIBI Constitution as well the Motor Insurers Insolvency Compensation Fund. He also highlighted the significant implications which could face the industry in the advent of a No Deal Brexit occurring.

Other MIBI speakers included:

Finance Manager Aisling Connolly who provided additional detail on the MIBI Constitution,

Claim Operations Manager Aidan Lynch who discussed developments around the MIBI Agreement as well as CJEU/ MID REFIT,

Technical Claims Manager Tom O’Brien on the MTPL Project,

Dermot Cogan, Claims Recovery Specialist who discussed the recoveries procedure,

Ken McKinlay, Fraud Manager who outlined the Bureau’s recent successes in combatting fraud.

Speaking at the conclusion of the conference, Chief Executive David Fitzgerald said, “It’s fair to say that there are a wide range of issues currently on the plates of the MIBI and our Members. That is why this conference was organised – to help provide some additional information to those invested in the operations of the MIBI and to also illustrate how these fit within the overarching policy and insurance environment.

(Pic. Aidan Lynch, Tom O’Brien, David Fitzgerald & Aisling Connolly)

“In that regard we were delighted to be able to secure leading speakers who were able to provide key insights on an array of noteworthy topics to all those in attendance. Their contributions were very well received and we would like to thank all our speakers for giving their time in addressing the conference.

“What the conference shows is that the work of the MIBI continues to progress and the environment in which we operate is evolving on a constant basis. As we made clear during the conference we are helping to positively influence the wider sector and we expect to see a number of the initiatives raised during the conference bear fruit in the weeks and months ahead,” Mr. Fitzgerald concluded.