There are renewed fears for over 1,000 créches as childcare providers were informed this evening that no alternative insurer has been secured for their business. There are renewed fears for over 1,000 créches as childcare providers were informed this evening that no alternative insurer has been secured for their business. Childcare providers said they are being "held over a barrel" as they face a monopoly in the Irish insurance market. This evening, childcare providers were told by their brokers that "despite a busy last 48 hours of intensive follow up meetings", an alternative insurer was unable to be found. "It will be a very sad day if there is only one insurance provider left as they can charge what they want.

Source: Irish Independent December 17, 2019 20:15 UTC