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Our most Frequently Asked Questions about Motor Insurers' Insolvency Fund.
The Motor Insurers' Bureau of Ireland (MIBI) has created the MIICF reserve fund so that in event of a motor insurer going into liquidation, any outstanding claims can be funded.
To establish the MIICF, a 2% contribution will be collected from all motor insurance premiums within the Republic of Ireland. Please visit our blog for more information.