Minister Robert Troy welcomes Brady Insurance expansion into sport and events coverage
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From: Department of Finance
- Published on: 3 March 2025
- Last updated on: 12 April 2025
Robert Troy, Minister of State for Financial Services, Credit Unions and Insurance, has welcomed the announcement that Brady Insurance is expanding its lines of business into the sport and events sector, particularly in areas that have historically faced challenges in securing coverage.
Speaking on the development, Minister Troy said:
"This expansion is a testament to the growing strength and competitiveness of the Irish insurance market. Increased competition benefits consumers, particularly community groups that have struggled to access affordable coverage in the past. It also reinforces Ireland’s reputation internationally as a stable and attractive operating environment for insurers to establish and grow their businesses."
The Minister highlighted the government’s continued commitment in the new Programme for Government - Securing Ireland’s Future to publish a new Action Plan for Insurance Reform focused on encouraging further competition in the market and working with stakeholders to enhance transparency and affordability across all types of insurance. This will build on the significant progress made under the previous action plan, which has created a more sustainable market and improved conditions for both domestic and international insurers.
Minister Troy added:
"The success of companies like Brady Insurance demonstrates the depth of skills and expertise within our domestic insurance sector. By responding to market needs and working with community groups, insurers and brokers play a vital role in helping communities across the country thrive."
The government remains focused on fostering a competitive, transparent, and consumer-friendly insurance landscape, ensuring that businesses and communities can access the coverage they need to grow and succeed.
Notes
Brady Insurance is a leading Irish insurance brokerage based in Carrick-on-Shannon, Co. Leitrim, with a strong presence across the country. Established in 1959, the company specializes in commercial, personal, and specialist insurance lines, including business, property, motor, sport, and events insurance. Brady Insurance is recognized for its expertise in providing tailored coverage solutions and its commitment to supporting businesses, community groups, and organizations nationwide.