"Footprint Underwriting is an underwriting agent based in Sandyford, Dublin. It essentially distributes policies for insurance companies. It acted as a wholesale broker with its policies sold through a network of insurance brokers throughout the State. Its network of Irish insurance brokers include First Ireland, Chill Insurance, and Campion Insurances. It provided private car, home insurance and other personal insurance."
"But last Friday night Footprint Underwriting managing director Simon Richards sent an email to brokers saying it was closing down. The email said: "It is with great sadness that I must announce that with immediate effect Footprint Underwriting will cease trading." The Central Bank, which regulates insurers, said customers "remain fully insured under their existing policy". Footprint Underwriting told the insurance brokers it was "unable to secure a level of policy sales that will facilitate ongoing business activities"."
Footprint Underwriting is an underwriting agent based in Sandyford, Dublin, distributing policies through a network of Irish brokers including First Ireland, Chill Insurance, and Campion Insurances. The firm provided private car, home and other personal insurance and sold tens of thousands of policies across the State. Managing director Simon Richards informed brokers that Footprint Underwriting will cease trading with immediate effect, citing an inability to secure sufficient policy sales to continue operations. Accredited Insurance (Europe) Limited, Wakam and ARAG will continue to honour active policies. The Central Bank confirmed customers remain insured while brokers seek clarity on refunds and claims handling.
Read at Irish Independent
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