One of Ireland’s leading insurance providers asserts that a majority of their customers are inadequately insured on their homes, signifying a shortfall in insurance coverage totaling approximately €39 billion. According to Aviva Insurance Ireland’s CEO, Declan O’Rourke, 60% of the company’s home insurance policyholders have not adjusted their insurance to account for elevated home rebuilding costs.
Meanwhile, Governance Ireland, a corporate governance advisory firm based in Dublin, recently scrutinized the disciplinary procedures and overall standards at Chartered Accountants Ireland. The firm identified substantial inadequacies in a review, instigated by claims of unsound conduct from accountant and CAI member, James Fennelly.
Dublin is set to be the home of a new European hub for artificial intelligence, spearheaded by professional services titan, KPMG. The company roughly plans to generate 200 new job opportunities over the next three years, to aid their clients in adopting AI technology in compliance with emerging EU regulations.
Rivada Networks CEO, Declan Ganley, is facing a challenging timeframe for his ambitious project to dispatch 300 satellites by June 2026. His vision, termed “The OuterNet”, is to establish an impervious, personalised internet service.
The CEO of Aviva Insurance Ireland, Declan O’Rourke, is also a fervent enthusiast of the Gaelic Athletic Association. Despite his sporting preferences, he acknowledges the import of Aviva’s naming rights to the Irish national stadium for rugby and football. In a recent interview, he deemed it as one of the nation’s most prized sponsorship assets. He was recognized as the Business Person of the Month for April.
The price of carbon has been steadily increasing by the European Union as part of their efforts to reduce emissions and conserve the earth, thereby creating a price disparity for fossil fuels compared with numerous other nations. As a safeguard against competitive advantage that could also cause environmental harm, the EU is implementing a specific levy on various high-carbon emission products such as electricity, cement, aluminium and fertiliser. However, John FitzGerald cautions in his weekly column about potential repercussions for the Republic.