The stability of your business is never certain, and you can never be sure that things will always flow smoothly. Because of this, purchasing a business insurance plan must be one of your priorities.
Here, we’ve created a list of the best insurance providers in Ireland. Check out what makes them stand out and why many customers have trusted them over the years.
The Cost of Business Insurance in Ireland
The price of business insurance greatly varies depending on factors such as:
- The industry you belong in
- Income
- Size of your business
- Insurance history
An insurance plan will then be customised for your business, which is why contacting them to get a quote is necessary.
The Best Insurance Providers in Ireland
We assessed the business insurance providers based on the following criteria:
1. Pembroke Insurance Brokers Ireland
| Representatives | ★★★★★ (5/5) |
| Professionalism | ★★★★★ (5/5) |
| Knowledge of different industries | ★★★★★ (5/5) |
| Services provided | ★★★★☆ (4/5) |
| Variety in insurance types | ★★★★★ (5/5) |
| Reimbursement process | ★★★☆☆ (3/5) |
| Prices | ★★★★☆ (4/5) |
| Reputation | ★★★★☆ (4/5) |
Pembroke’s expertise is in commercial insurance. They’ve established a good reputation in Ireland, specifically in providing services to independent businesses.
Their representatives are highly qualified as we’ve seen from their portfolio. Variety in expertise is not an issue with them, as they can handle telecom, marine cargo, jewellers, and many other types of businesses.
We think that their background in handling both SMEs and large corporations helps them cater to more clients. Aside from the company itself, their representatives are also highly involved in managing Quote Devil, which is their sister company that specialises in car insurance.
Many have also complimented their representatives to be highly involved in ensuring that each customer receives a tailor-made plan that can protect their assets. This can be seen by their high retention rates.
The company is also highly rated by Fitch, Moody’s, and Standard & Poor’s, which shows good financial planning skills on their end.
However, they do have complaints about their customer service, specifically in the long waiting times for processing claims. This can be a great inconvenience for those on a tight budget.
Pros
- Diverse portfolio of representatives
- Good reputation in Ireland
- Highly rated by credit rating agencies
- Familiar with both SMEs and large companies
Cons
- Long waiting times for processing claims
Customer Reviews
No hesitation recommending them
“We have been dealing with Pembroke Insurance Brokers for a number of years and have always found them reliable, helpful and above all having their clients best interest in mind. We would have no hesitation recommending them.” – DSVentilation Ltd, Google Reviews
Polite, helpful, and have been very understanding
“Unfortunately and recently I had some misfortune with some properties that I own. Thanks to Pembroke Insurance they helped me to sort everything out and get things back to normal. After years of dealing with various other Insurance companies. Many of them could learn allot from a company such as Pembroke Insurance. They have always been polite, helpful and have been very understanding to any my situation’s. I could not see myself moving to another company after the excellent service I received from Pembroke Insurance.” – Shower Pump Repairs Dublin, Google Reviews
2. InsureMyShop.ie
| Representatives | ★★★★☆ (4/5) |
| Professionalism | ★★★★★ (5/5) |
| Knowledge of different industries | ★★★☆☆ (3/5) |
| Services provided | ★★★☆☆ (3/5) |
| Variety in insurance types | ★★★☆☆ (3/5) |
| Reimbursement process | ★★★★☆ (4/5) |
| Prices | ★★★★★ (5/5) |
| Reputation | ★★★★☆ (4/5) |
InsureMyShop specialises in insurance for shops and supermarkets. They highly excel in serving these businesses in terms of provided benefits, but this limitation to one industry can also be seen as a weakness.
They offer plentiful benefits, including insurance for building damages, fixtures, stocks, employer liability, and more. We found their business interruption cover to be highly helpful because of its low cost and reasonable grounds for claims.
One policy of theirs we’d like to highlight is their Treatment Risk Plan, which is specially made for salons. This is for covering the legal costs in case third parties sue for injuries.
We like that they provide lower costs for shops that have no records of claims and are highly rated for risk management. Through this, good business practices are rewarded.
Their representatives ensure that your insurance is tailor-made for all the specific needs of your shop. They explain benefits, policies, and other details well too.
However, as with most insurance services, they also have some issues with slow claims management.
Pros
- Specialises in insurance for shops and supermarkets
- Plenty of benefits
- Well-made Treatment Risk Insurance Plan
- Helpful representatives
Cons
- Limited coverage of businesses
- Issues with claims management
Customer Reviews
Excellent price
“Excellent price, they saved us a few hundred Euro at our time of renewal.” – Kevin Morgan, Google Reviews
Easy to deal with and efficient
“Insuremyshop.ie are easy to deal with and efficient, they helped us understand exactly what type of cover we needed in place and got us a great price too!” – Gary Mccarney, Google Reviews
3. Doyle Mahon Insurances
| Representatives | ★★★★★ (5/5) |
| Professionalism | ★★★★★ (5/5) |
| Knowledge of different industries | ★★★★★ (5/5) |
| Services provided | ★★★★☆ (4/5) |
| Variety in insurance types | ★★★★☆ (4/5) |
| Reimbursement process | ★★★★☆ (4/5) |
| Prices | ★★★★☆ (4/5) |
| Reputation | ★★★★☆ (4/5) |
Doyle Mahon Insurances has a wide range of industries covered, and they specialise in agricultural and commercial services. We liked that they emphasise a more simplistic way of doing insurance; one that is free from jargon and long talks.
They do this by ensuring that all representatives thoroughly explain each part of the insurance process, available benefits, how claims are processed, and more. Call centres are also avoided, as they aim to customise insurance plans very specifically for their clients.
One thing that makes them stand out is how they periodically review your insurance plans to ensure that your business’ condition is tracked regularly. Renewals are also easy with them.
Various industries can avail of their services, including shops, offices, commercial vehicles, restaurants, and more. Doyle Mahon also has special partnerships with the Association of Optometrists Ireland (AOI) and the Irish Dental Association (IDA).
Their website is well-designed and regularly updated. News about updates in insurance, insurance information, and more are posted frequently.
We also liked the diversity of their team, both in gender and age. Their representatives are also familiar with various industries, which is always a plus.
However, they’re located in Wexford, which is far from commercial hubs Dublin and Cork. This shouldn’t be a problem if you plan to do everything entirely through long-distance means, though.
Pros
- Prioritises simplicity in explaining business
- Has partnerships with AOI and IDA
- Diverse team of representatives
- Regularly reviews insurance plans
Cons
- Far from commercial hubs
Customer Reviews
Efficiency and commercial point of view
“I deal with Doyle Mahon for both car insurance + business / PI insurance. Audrey and Shauna are both a pleasure to deal with from an efficiency and commercial point of view. Would have no hesitation recommending Doyle Mahon for any insurance needs.” – Tom Gaul, Google Reviews
Very professional
“I have used Colm and Doyle Mahon insurances for my business insurance needs for a number of years and I have always found them very professional” – Eoin Cullen, Google Reviews
4. Crotty Insurance
| Representatives | ★★★★★ (5/5) |
| Professionalism | ★★★★★ (5/5) |
| Knowledge of different industries | ★★★★★ (5/5) |
| Services provided | ★★★★☆ (4/5) |
| Variety in insurance types | ★★★★☆ (4/5) |
| Reimbursement process | ★★★★☆ (4/5) |
| Prices | ★★★★☆ (4/5) |
| Reputation | ★★★★☆ (4/5) |
Crotty Insurances was founded in 1994 and is known for providing affordable rates and highly-customizable insurance solutions. They are now part of the Global Risk Partners or GRP group, which means that they have more access to connections in the insurance market.
We liked their representatives, as they are familiar with various industries such as hospitality, construction, medical devices, and more. They also have members of the Chartered Insurance Institute.
Their offered insurance plans can cover multiple industries including construction, hospitality, and property. We liked the programmes and risk management strategies they make for each, as they are specialised to each industry’s unique needs.
One thing that sets them apart is their insurance services for renewable energy projects. Their policy cover types include marine, transit, weather risk, and employers’ liability.
It’s easy to contact them and get a quote through their website, which we appreciate.
However, the website has some issues, as it has pages with mismatched descriptions. We also found its design to be a bit outdated.
Pros
- Expertise in various industries
- Knowledgeable in renewable energy products
- Reputable company
- Part of the GRP group
Cons
- Minor website issues
Customer Reviews
Always get me best deal
“Crotty insurance have looked after my insurance for the last 11 years and always get me best deal” – Peter Hynes, Google Reviews
Responsive
“Five stars” – Cormac Kavanagh, Google Reviews
5. Sheridan Insurances
| Representatives | ★★★★★ (5/5) |
| Professionalism | ★★★★★ (5/5) |
| Knowledge of different industries | ★★★★★ (5/5) |
| Services provided | ★★★★☆ (4/5) |
| Variety in insurance types | ★★★☆☆ (3/5) |
| Reimbursement process | ★★★★☆ (4/5) |
| Prices | ★★★★☆ (4/5) |
| Reputation | ★★★★☆ (4/5) |
With over 40 years of experience, Sheridan is well-known in the northeast of Ireland. We like that they promote impartiality and ensure that clients have the final say in all parts of insurance negotiations.
They are connected with Brokers Ireland, Brokerline Direct, and Source Broker Network, which helps in establishing connections and bargaining with insurance companies. This translates into better coverage and rates for clients.
Many compliment their representatives to be professional and very transparent with their insurance plans. Every step of insurance is well-explained with them.
Their business insurance plans are varied among different industries, including medical practices, farms, cyber industries, and shops. The team leading these have diverse backgrounds, which helps in communicating with different clients.
We also appreciate the diversity of their team. All of them are also well-introduced on their website, which helps in building trust with clients.
However, their location is far from commercial hubs Dublin and Cork. This may make in-person consultations more difficult for those located there.
Pros
- Over 40 years of experience
- Connected with multiple insurance networks
- Good rates
- Diverse team
Cons
- Far from Dublin and Cork
Customer Reviews
Service was absolutely first class
“I used Sheridan Insurances in Cavan today and the service was absolutely first class. They were helpful, knowledgeable, professional and polite. I can highly recommend Sheridan Insurances.” – Andrew Stones, Google Reviews
Easy to deal with
“We all hate shopping for insurance but the brokers at Sheridans do all the legwork for you and find the best deal and the cover you actually need – plus they are easy to deal with. You get assigned a broker and you can actually speak to a real human being. Great idea.” – JP Murray, Google Reviews
FAQs about Business Insurance in Ireland
That concludes our list of the best business insurance providers in Ireland! Be sure to get one, as it is vital for your business’s future.
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