Latest news with #PeterBroome
Yahoo
27-05-2025
- Business
- Yahoo
OUTsurance, One Year Since Launch, To Hire 100 People As Part Of 2025 Expansion
Dublin, Ireland--(Newsfile Corp. - May 27, 2025) - OUTsurance Ireland is marking 1 year since it launched in the Irish market with the announcement that it will continue its expansion and hire 100 people over the next year. These sales, customer service, and claims management positions are being created in response to overwhelming consumer demand and interest. Having attracted thousands of customers since launching its car and home insurance offer in April of last year, OUTsurance has proven a popular choice with Irish consumers looking to get something back from their insurance. To view an enhanced version of this graphic, please visit: The first personal lines insurance underwriter to launch in Ireland in over a decade, OUTsurance has gained traction through its customer-first approach and solving existing pain points in car and home insurance. An emphasis on value means those switching to OUTsurance have saved an average of €97 on their car insurance. Meanwhile, its customer service has proven to be another key factor in the company's success, with over 90% of calls from the Irish public being answered within 20 seconds by a member of the OUTsurance team. This has seen the company rise to be the highest-ranked insurer in Ireland on Trustpilot. OUTsurance's entry to the Irish market aimed to drive competition for consumers and disrupt the market's status quo. The company currently offers car insurance and home insurance, along with its innovative stand out proposition the 'OUTbonus', where Irish customers can get 10% of their premiums (less taxes and levies) back in cash straight into their bank account when they stay claim-free for 3 years. OUTsurance Ireland CEO Peter Broome said, "We have been thrilled by the reception we've received since launching one year ago, having hit our business targets for our first year. It is on foot of this growth that we continue our expansion by hiring 100 people over the next year to meet overwhelming customer demand. "I feel strongly that our success is based not only on our great value proposition, but also the customer-first approach and human interaction which is central to the OUTsurance experience. You'll speak to a person - not a bot - when you call us at OUTsurance and we have a strong record of answering more than 90% of calls within 20 seconds. "The Irish public are savvy consumers, wanting as much choice as possible when it comes to spending their hard-earned cash, and this has been reflected in the level of engagement with our team and services. "Our growing team delivers a great service when people need us. For example, we are approving windscreen claims in 24 hours . On average, customers that have switched to OUTsurance are saving €97 on their car insurance. Our goal is to deliver long-term value to our customers, and we remain on course to do that for many years to come." Applications for the new roles are already open, with the entry-level positions requiring no previous experience or specific qualifications, and training being provided to all successful candidates. For further information about the roles available, visit Media ContactCompany Name: OUTsurance IrelandContact Person: Ian KennedyContact Number: +35 3151 26200Website: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


RTÉ News
21-05-2025
- Business
- RTÉ News
Insurance company OUTsurance announces 100 new jobs
Insurance company OUTsurance Ireland has announced the creation of 100 new jobs over the next year. The positions will be in sales, customer service and claims management. OUTsurance said the expansion is in response to strong customer demand and interest since it launched its car and home insurance products one year ago. "We have been thrilled by the reception we've received since launching one year ago, having hit our business targets for our first year," said OUTsurance Ireland CEO Peter Broome. "It is on foot of this growth that we continue our expansion by hiring 100 people over the next year to meet overwhelming customer demand," Mr Broome added, Applications for the new roles are already open, with the entry-level positions requiring no previous experience or specific qualifications, and training being provided to all successful candidates. South Africa-based OUTsurance Group launched in Ireland in May 2024, becoming the first new locally authorised personal insurance underwriter in the country for over a decade.


Irish Times
21-05-2025
- Automotive
- Irish Times
Outsurance Ireland plans to hire further 100 staff in second year in business
South African insurer Outsurance 's fledgling Irish business plans to hire a further 100 staff in the next 12 months, bringing its total workforce to 250 as it gains traction in the market. The announcement comes as Outsurance Ireland marks its first year in operation, focusing on motor and home coverage. The company claims that motorists who have switched to the firm have saved an average of €97 on their car insurance in the past year, based on its in-house data. Outsurance Ireland chief executive Peter Broome declined to comment on the level of premiums the company secured in its first year – or on underwriting targets. The company previously said that it expects to invest €160 million developing the Irish business in its first three years in operation. READ MORE 'I feel strongly that our success is based not only on our great value proposition, but also the customer-first approach and human interaction, which is central to the Outsurance experience,' he said. 'You'll speak to a person – not a bot – when you call us at Outsurance and we have a strong record of answering more than 90 per cent of calls within 20 seconds.' Outsurance is among several companies that have moved recently to get into the Irish market following a series of reforms aimed at reducing volatility and coverage costs in a historically highly volatile market even by the cyclical nature of insurance internationally. 'I've entrepreneurial spirit in my veins' – Apprentice star Jordan Dargan Listen | 44:45 Italian insurance giant Generali last year bought Liberty Mutual's businesses in Ireland, Spain and Portugal in a deal worth €2.3 billion. It marked a return by the Italian group to the Irish general insurance market more than two decades after it closed its Dublin office, which had been writing small amounts of property and casualty business as well as commercial insurance at the time. Fintech Revolut entered the car insurance market in 2023 in partnership with US-based AIG.