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.
MIIF FAQs
Our most Frequently Asked Questions about Motor Insurers' Insolvency Fund.
Motor Insurers' Insolvency Fund
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.