Keystone Insurance Reports an Increase in Public Liability Insurance

The rise in public liability insurance is motivated by changed litigation habits and affordability, Keystone explains.

Dundalk Co Louth, United Kingdom, December 16, 2007 --( Keystone Insurance, Ireland's leading construction insurance specialists have reported an increase in the demand for public liability insurance over the last 12 months. Keystone points out that public liability insurance is becoming increasingly important to Irish contractors as more and more primary contractors are insisting that all subcontractors have their own insurance before they can commence work on site. Construction companies now consider it essential to hold one in order to protect their business against the public suing them for negligence.

Keystone Insurance deals with over 15 construction insurers to ensure that it provides customers with appropriate premiums and the most comprehensive covers available.

Although litigation is not a constituent part of Irish society the way it is in the USA, Keystone’s experts say that instead of accepting that loss or damage can happen by accident, more and more people are now encouraged to blame and sue someone else. The ease of access to courts and the perception that judges will award compensation in virtually every case has resulted in the growth of public liability claims in the last decade.

Moreover, public liability premiums have reduced significantly over the last five years, Keystone points out. They vary depending on business activities, the level of cover which is required, the company’s turnover and number of employees.

Public liability insurance is an insurance policy designed to cover a business in the event of its causing bodily injury or death to a member of the public or damage to third parties’ property. While it is not compulsory under Irish law to have public liability insurance, without it businesses would be liable to pay for the compensation awarded against them which can run into hundreds of thousand of Euro.

Keystone Insurance ( is a nationwide and independent brokerage house offering specialist insurance solutions to the Irish construction industry. The company is seated in Dundalk Co Louth but provides services to customers all over the country. The company’s most sought-after services are the public liability insurance, employers liability insurance, contractors all risks, and contract bonds.

Keystone insurance
Anthony Woods