Convention Centre in Dublin’s dockland area

Dublin is a major centre for insurance activities, both life and general. The basis of cross border insurance activities emanates from the European Union Directives on Life (“European Communities (Life Assurance) Framework Regulations 1994”, as amended) & Non-Life (“European Communities (Non-Life Insurance) Framework Regulations 1994”, as amended).

Insurance Companies headquartered in Ireland may conduct their activities throughout the European Union on a Freedom of Services basis (FoS) or via a branch operation in another country, known as Freedom of Establishment (FoE).

An indication of the success of the cross border models implemented by insurance carriers based in Ireland is reflected by the fact cross border insurance premium excedes that of the domestic Irish market.

“Ireland Financial Services” develop & implement tailored plans acting as a coordinator to implement guide and support institutions through the regulatory, legal, corporate governance requirements and infrastructural implementation to ensure our client achieves their goals as efficiently and effectively as possible.

At “Ireland Financial Services”, we can support clients enterprise in a number of ways, including but not limited to;

-       Physical Infrastructure Planning, including office identification & recruitment

-       Business Plan Development & Submission to the Central Bank of Ireland

-       Corporate Governance Framework, including the development and documentation of corporate policies & compliance manual

-       Establishing a Risk Management Framework supporting the Risk Appetite Statement

-       Solvency 2 implementation including establishing interim measures to 1 January 2016

-       Insurance Portfolio Transfers & management of run-off portfolios

-       Non-Executive Appointments

-       Interim Executive Appointments

For further details on the services delivered please Contact Us.