Insurance Ireland, the industry representative group, has hired a well-connected German insurance lobbyist to head up its new Brussels office, which the organisation is setting up to have more influence on rapidly-evolving legislation affecting the sector. Florian Wimber has joined Insurance Ireland as head of European affairs and international insurance and will be based in the Belgian capital, where the group is opening its a new office this week. It also follows the activities of the Dublin International Insurance and Management Association (Dima), which was set up in 1990 to represent international insurance and reinsurance companies based in the then fledgling IFSC, being folded into Insurance Ireland early last year. This combined about 85 Insurance Ireland members with the 50 or so in Dima. Insurance Ireland highlighted in correspondence with the Central Bank late last year that its members were devoting “considerable” time developing ways to deal with Brexit, including plans to transfer portfolios of insurance contracts between Ireland and the UK.

Source: The Irish Times April 02, 2018 04:07 UTC