Insurance Ireland members share knowledge, operational excellence and analytics at one place with the objective of delivering efficient operations for the insurance industry.
Shared Services at Insurance Ireland brings its members together to address industry issues on a shared platform. These include:
Research & Statistics
The provision and publication of research, statistics and data analysis is an important part of Insurance Ireland's work and regular market level information, summaries, reports and data analysis are provided to Insurance Ireland's members, the Central Bank of Ireland and other governmental and non-governmental organisations. Key market data is published in our annual Factfile which covers the Life, Non-Life, Health and International sectors.
Information relating to claims is shared on Insurance Link, a shared industry database that allows its users to compare recorded claims with claims history information provided by new claimants against policy-holders. The purpose of Insurance Link is to ensure that information about claims provided by claimants agrees with the information on the database. This is needed to protect policy-holders against fraudulent claims. The operation of Insurance Link is subject to the Code of Practice for Insurers from the Office of the Data Protection Commissioner.
Integrated Information Data Service (IIDS)
IIDS is a shared members' database that, by arrangement with the Department of Transport, allows its users to confirm the accuracy of penalty point and no-claims discount information provided by customers when they are seeking motor policies.
Three of Insurance Ireland’s health insurance members – Irish Life Health, Laya Healthcare and Vhi Healthcare – have established a standard for the electronic submission and remittance of claims in the private health insurance market. Working with healthcare providers and representative bodies, the aim is to streamline the administration of claims processing throughout Ireland’s healthcare system. The new standard has been published on www.ehealthclaims.ie.
Automatic Number-Plate Recognition (ANPR)
MTPL is a centralised database which is expected to provide the details of all insured vehicles to allow the Garda Siochana to confirm the insurance status of any vehicle.
Insurance Ireland - The Voice of Insurance