SYS Financial expands health insurance advisory service for businesses
SYS Financial, a provider of financial planning and employee benefits in Ireland, has announced the launch of its expanded private health insurance advisory service, specifically tailored to meet the needs of businesses amid soaring health insurance premiums.
This initiative comes at a critical time, as private health insurance premiums are set to increase by up to 20% this year, alongside higher government levies and reduced coverage for day-to-day medical services.
The Irish health insurance landscape is increasingly challenging for businesses, with over 400 plans on the market and frequent changes in policy terms. Identifying the most cost-effective and suitable cover for employees has become a complex task for HR and finance teams.
Ger Conalty of SYS Financial, said: "The health insurance market is notoriously complex, making it difficult to identify the most appropriate and cost-effective plans. With levies and premiums increasing, and tighter caps on routine services, many risk overpaying or being underinsured. In this environment, informed decision-making is crucial and a service like ours can make all the difference."
SYS Financials' said its new advisory service addresses these challenges by offering comprehensive plan reviews, access to exclusive plans, navigation of plan changes and risk mitigation in plan switching.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Irish Daily Mirror
an hour ago
- Irish Daily Mirror
'A life-enhancing prize for me' - Lucky Dublin Lotto player enjoys massive win
One lucky Lotto player has headed to Lotto HQ to claim a dream win of €2,000 a month for the next five years. The Dublin player snapped up the life-changing win after matching six numbers in the EuroDreams draw on Thursday, March 20. The winning Quick Pick ticket was purchased from the Maxol Garage, Turvey, Donabate, Co. Dublin. Speaking on the win, the Dubliner said: "This is a life-enhancing prize for me and I'm really looking forward to being able to plan some of those once in a lifetime bucket list items that I've always wanted to – including travelling to some of the world's wonders and perhaps sky diving!" This latest National Lottery top prize winner joins the growing club of EuroDreams players that have won amazing prizes since the game launched in 2023. So far, there have been 22 winners of the top prize worth €20,000 a month for 30 years, while there have been 95 winners of the Tier Two prize worth €2,000 a month for five years. Darragh O'Dwyer, National Lottery spokesperson, said: "Since the game began in November 2023, there have been 5 Irish winners of the €2,000 a month for five years prize, that included three special events. "Four players in Dublin (Two online and two retail) and one player in Cork have already taken home this life-enhancing prize. It's great to see our latest winner collecting their annuity prize, which will make a huge difference to their lives for the next five years." EuroDreams launched in Ireland in 2023, and unlike other draw-based games, the annuity top prize, which is worth €7.2 million, will be paid in monthly tax-free payments of €20,000 spread over 30 years. Similarly, the Tier Two prize will be paid in monthly tax-free payments of €2,000 spread over five years. The game is played in eight countries, namely Ireland, Austria, Belgium, France, Luxembourg, Portugal, Spain and Switzerland, with draws taking place every Monday and Thursday evening at usual National Lottery agents nationwide, online, here or through the National Lottery app. Players dreaming of becoming Ireland's latest EuroDreams winner are reminded that tickets for tonight's EuroDreams draw can be purchased in-store, through the National Lottery app or here ahead of the 7.30pm cut-off time for sales this evening. Nearly 30 cent in every €1 spent on National Lottery games goes back to Good Causes in the areas of sport, youth, health, welfare, education, arts, heritage and the Irish Language. In total, more than €6.5 billion has been raised for Good Causes since the National Lottery was established 37 years ago. In 2024 alone, €239.3 million was raised for local Good Causes in communities across Ireland.
The Journal
an hour ago
- The Journal
Fáilte Ireland gets green light to create food hall in vacant church near Grafton Street
DUBLIN CITY COUNCIL has given the green light to Fáilte Ireland for its planning application to establish a food hall at the vacant St Andrew's Church near Grafton Street in Dublin 2. The council has granted planning permission after concluding that the planned food hall would comply with the zoning objective of the site and would not detract from the area's civic character. Fáilte Ireland will not be operating the food hall itself but will now instead press ahead with its plans to seek an experienced operator to lease the space out for food hall use. In a letter to Dublin City Council, Laura McCarthy from Fáilte Ireland stated that 'the proposed change of use for the premises has the potential to create a major centrally based asset for the city, with the potential to inject cultural and economic value which would benefit local residents, employees and all visitors, both domestic and foreign'. Manager at Corporate Services at Fáilte Ireland McCarthy pointed out that food tourism generates around €2 billion to the Irish economy each year. Advertisement McCarthy said: 'In order to generate and sustain further economic opportunity and economic development we need to create iconic food and drink experiences – the proposed change of use and redevelopment of St Andrew's would be the embodiment of that vision. She added: 'It is envisaged that the proposed food hall will showcase the best of local and Irish produce within a very high-quality setting which will not only reinvigorate but repurpose part of our capital city's historic building inventory.' Planning documents stated that the new food hall has the potential to generate 30-40 full and part-time jobs. The Swords-based Wright Group secured planning for a food hall at St Andrew's Church in 2019 through its Mink Fusion subsidiary but with the Covid-19 pandemic intervening the firm did not proceed with the five-year planning permission. In a separate planning report lodged with the application by David Mulcahy Planning Consultants, it stated that the proposed new use 'will bring life back to this vacant building which is one of the most prominent buildings in the city'. Mulcahy stated that 'the concept of a food/dining hall, which is essentially a permanent indoor market with associated dining facilities, is well established in most European cities and they are very popular for tourists, city residents and local employees'. He said that the emphasis will be on showcasing local produce, fresh where possible, and all individual vendors will be required to provide a high quality offering.
Irish Examiner
an hour ago
- Irish Examiner
Teagasc launches 'This is Dairying' photo competition 2025
Teagasc, with the support of FBD Insurance, is delighted to launch the "This is Dairying" photo competition in the lead-up to the Teagasc Moorepark Dairy Open Day, which is taking place in early July. Running throughout the month of June, this year's competition is an opportunity to capture and celebrate what makes Irish dairy farming so unique. The competition aims to highlight the pride, purpose and positivity within Irish dairying. Whether it's a moment on the family farm, a striking landscape, your favourite animal, or the next generation of farmers in action; every photo helps to tell the story of Irish dairying at its best. It provides an excellent opportunity for budding photographers and photo enthusiasts to get snapping while being in with a chance to win exciting prizes. Speaking at the launch of the competition, Prof Laurence Shalloo, the head of the Teagasc animal and grassland, research, and innovation programme, said: 'We're delighted to launch this initiative once again with thanks to support from FBD Insurance. Previous competitions have showcased the passion, care, and pride within the Irish dairy industry "We have seen some great creativity in previous competitions, and I'm looking forward to viewing the submissions in 2025.' Dr Conor Hogan, Teagasc people in dairy programme manager, added: 'This competition is about celebrating all that is positive in Irish dairying. "Sharing a single photo is a simple but powerful way for farmers, families, and the wider community to support and promote the dairy sector. We'd love to see entries from anyone involved in Irish dairying this June.' 'Positive side of dairy farming' FBD Insurance are sponsoring the €1,000 worth of prizes for the competition. Representing the firm, Mary B Dunphy added: 'At FBD, we're proud to support the return of the 'This is Dairying' photo competition for 2025. "It's a wonderful opportunity for farmers and their families to showcase the positive side of dairy farming. We always enjoy seeing life on the farm through their lens, and we look forward to this year's entries.' The photo competition runs until Wednesday, June 26, 2025. Winners will be announced at the Teagasc Moorepark Dairy Open Day, and photos will be displayed online and on the day. The overall winner will receive €500 (FBD hotel voucher) and a professional framing of their winning photograph. The first runner up will receive €300, and the two remaining finalists will each receive €100 in FBD Hotel vouchers. To enter, participants are asked to upload their photos through the online form at Read More Stephen Cadogan: Why every dairy farmer needs a cash buffer in 2025
