Wednesday 13 December 2017

US firm to create 30 jobs in Cavan

US insurance company Global Indemnity has announced it is to establish a new centre of IT operations in Co Cavan.

The company says the move will create 30 jobs over the next 5 years, employing a range of technical staff to provide IT development for the company’s policy administration and finance functions. The investment is supported by IDA Ireland.

The move follows the US firm’s recent announcement that it had completed its redomestication to Ireland and anticipated opening an operational office in addition to its administrative headquarters in Ireland by the end of the year, with the initial focus being IT development.

Minister for Agriculture, Fisheries and Food, Brendan Smith TD has welcomed the announcement.

“Today’s announcement is excellent news for the North East region and Cavan in particular. Global Indemnity is an established global insurer and reinsurer and is a welcome addition to the area.

"The Company’s decision to locate in Cavan is an endorsement of the attractiveness of the area to global investors.

"The availability of local talent, its position within the North East region and its proximity to Dublin with the recent opening of the new M3 motorway are all major factors contributing to the attractiveness of the area.

"I would like to thank Global Indemnity for offering such excellent employment opportunities to the people of Cavan, and can assure the Company that it has my full support into the future as it develops its operation here.”

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