Keystone Insurance sees increasing concern about construction and public liability
Released on: December 2, 2007, 9:18 pm
Press Release Author: Anthony Woods
Industry: Financial
Press Release Summary: Keystone Insurance, a leader in providing construction insurance solutions in Ireland, has been witnessing an increased interest in construction and public liability insurance.
Press Release Body: Keystone Insurance, a leader in providing construction insurance solutions in Ireland, has been witnessing an increased interest in construction and public liability insurance, by private persons and investors, local companies, as well as by multinational companies working as construction contactors in the country.
Keystone explains the recent interest in public liability and construction liability insurance solutions with the growing awareness of businesses about the need to be protected against negligence claims. Even though Ireland is not a country traditionally popular with a large number of liability suits, the situation has obviously started to change. 18% of all claims handled by the PIAB in 2006 were public liability claims, and the arrival of \'no-win no-fee\' agreements and legal expenses cover has meant that access to the courts has never been easier. The construction sector, on the other hand, accounts for a large proportion of all occupational accidents in Ireland. Companies are becoming increasingly cautious about their operations and less willing to leave things to chance, is one explanation given by an Irish construction investor.
Keystone Insurance (keystone.ie) is independent insurance brokerage houses offering customized construction insurance solutions to the Irish Construction Industry. The company is based in Dundalk Co Louth and provides nationwide service to a large client base from all over Ireland, including both local companies and multinationals doing business in Ireland and the UK. Keystone provides numerous insurance packages, the most popular being public liability insurance, construction liability, contractors all risks, personal accident insurance, plant and machinery, contractor bonds. The company has worked with large pharmaceutical and manufacturing plants around Ireland, as well as with many high-profile civil engineering and infrastructural projects.