Saturday 19 October 2019

Small dip in Cork in uninsured drivers claims

Maria Herlihy

The Motor Insurers' Bureau of Ireland (MIBI) believes the strategy they introduced for fighting fraud is impacting on the Cork market, after recording a one percent drop in claims involving uninsured or untraced vehicles during the first seven months of 2018.

Over the January to July period, the MIBI received a total of 129 claims from Cork, a drop of one from the 130 Cork claims they had received by the end of July 2017.   

The MIBI is a non-profit organisation established to provide compensation to victims of accidents involving uninsured or untraced vehicles.   

Last year the MIBI introduced a comprehensive plan to make it as difficult as possible for fraudulent claims to succeed. 

This included measures to put the full weight of the MIBI's internal and external resources behind investigating suspicious claims, working hand in hand with the Gardaí to look into these cases as well as legally contesting such claims and bringing them to trial to be scrutinised by the full power of the courts.  

The MIBI also recorded a national drop in figures during the first seven months of the year, with the number of claims throughout the country decreasing by 144, marking an 8 percent decline in claims when compared to the previous year.   

In the first 7 months of the year, the MIBI has received fewer claims from 18 of the 26 counties. 

The largest drop in number of claims came from Louth with 34 fewer received by the end of July, followed by Dublin (drop of 33) and Kildare (drop of 17). 

The largest percentage drop was in Roscommon which had a 41% reduction, followed by Louth (-40%), Leitrim (-38%) and Cavan (-34%).   

Eight counties recorded an increase in claims, with Laois (+8) the largest.  

Speaking about the figures, Chief Executive of the MIBI, David Fitzgerald said: "It is positive to see that the number of claims nationally is starting to reduce. Admittedly these figures represent only a snapshot in time and some of the county by county numbers, such as the Cork figures, are too small to draw any significant conclusions from. 

"However, considering these statistics cover over half a year's worth of data, they are a useful barometer of the general MIBI claims' environment and this shows a noteworthy drop in the total number of claims."