Is chill insurance a broker or insurance company? (2024)

Is chill insurance a broker or insurance company?

Chill is an online insurance intermediary regulated by The Central Bank of Ireland.

How do I get through chill insurance?

We're here to help with all of your questions from Monday to Saturday (excluding public holidays). Whatever your query, be it a general question about the insurance policies available, a renewal quotation, payment details or anything else, please feel free to call our friendly and helpful team on 01 400 3400.

How does chill insurance make money?

We are usually remunerated by commission received from insurance companies for work involved in placing an order and finalising the product on your behalf and for the provision of advice regarding life and non life business. Commission is deemed fully earned by Chill at inception and/or renewal of every policy.

Who owns chill insurance?

Chill's owner Three Rock is backed by Livingbridge, a UK private equity firm with a portfolio of more than 100 companies, including British insurance brokers Jensten and Kingsbridge, as well as well-known fashion brands Bench and Fatface. Chill Insurance was founded by brothers Seamus and Padraig Lynch in 2006.

What insurance companies do Chill use?

What are the disadvantages of insurance brokers?

What are the disadvantages of using an insurance broker? An insurance broker typically doesn't know all the policy details for every policy type and insurance company. There could be policy exclusions, terms and conditions they may not be aware of when suggesting an insurance company or specific policy.

What do chill insurance do?

Chill is an online insurance intermediary regulated by The Central Bank of Ireland. We are based in Sandyford, Dublin 18. We work closely with 14 leading insurance providers to get you the perfect home, life, travel or car insurance and more at the best price!

What time can I contact chill insurance?

Our team of friendly and highly skilled professionals is available to provide you with expert advice and assistance to help you get a fair and stress-free settlement. You can get in touch with us between 9 am and 5.30 pm.

Is temporary insurance legit?

Temporary insurance isn't an official product offered by reputable insurance companies. If you need car insurance for a short period of time, you can get a standard policy and cancel it later or consider these options: Non-owner car insurance. Permissive use coverage.

How much is chill insurance worth?

Sources this year valued the insurance business at €100m

The acquisition, signed on Tuesday, will see current owners, brothers Pádraig and Séamus Lynch, retain a stake of about 30 per cent, according to sources.

What is the cooling off period for chill insurance?

Cooling Off Period

A consumer has the right to withdraw from an insurance policy within 14 days of the start date of the policy (except in the case of travel policies whose operative period is for one month or less) without penalty and without giving any reason.

What insurance company pays their agents the most?

Who started Chill Insurance?

Chill was founded in 2006 by brothers Padraig and Seamus Lynch and has subsequently grown into the largest independent personal lines insurance broker in Ireland with over 200,000 policyholders, representing a 6% market share.

Who is the CEO of Chill Insurance?

Michael McLaughlin is the Chief Executive Officer at Chill Insurance .

How much did Quote Devil sell for?

Earlier this year Quote Devil was sold to Chill Insurance and Three Rock Subco Ltd for more than €30 million. Mr Nesbit wants an order that he be paid €2.2 million for the shareholding he sold two years ago. Mr Maguire, a majority 71 per cent shareholder, said Mr Nesbitt's claim is spurious.

What is the other name for chill insurance?

Allianz Insurance Ireland forms part of Allianz SE Group - one of the world's most prominent financial service organisations. Their product offering includes car, home & van insurance, to name but a few.

Which insurance company is usually the cheapest?

State Farm, American Family, Geico and Progressive are the cheapest car insurance companies for most drivers. USAA has even cheaper rates, but only military members, veterans or their families can qualify. *USAA is only available to military members, veterans and some of their family members.

Is Asgard a broker?

Part of the Willis Group, which is the third largest insurance broker in the world, Asgard Insurance are known for providing competitive rates to young drivers. Fully comprehensive, third party fire and theft and third party only are available.

How many insurance brokers fail?

Dear Friends, Somewhere around 80% of new insurance agents hired by independent marketing organizations fail and quit within their first 12 months of getting their license. And then within 5 years, 80% of the remaining new insurance agents will struggle and quit! That is a 90% failure rate for new agents.

Why I quit being an insurance agent?

One of the biggest reasons that insurance agents quit is the fact that they have unrealistic expectations. The insurance industry is huge, which leads many people to think they can easily make a large income by selling insurance.

Why would someone use an insurance broker?

An insurance broker acts as an intermediary between you and an insurer. Armed with both your background and their insurance know-how, they can find a policy that best suits your needs for a reasonable price. While brokers can save you time and money, you may have to pay a broker fee for their services.

Why is it so hard to get a quote for car insurance?

Car insurance companies have cut back on advertising in the Golden State, but they are also limiting the ability of insurance agents to sign on new customers and masking their prices from rate comparison software tools.

What does fully comp cover?

What is comprehensive car insurance? In a nutshell, comprehensive car insurance cover – sometimes known as fully comprehensive cover, pays out if you damage your car, someone else's car or injure someone in an accident, regardless of who is at fault. Comprehensive car insurance also covers you against fire and theft.

How do I email chill insurance?

To do so, please contact our customer care team by phone on 01 400 3400 or by email at care@chill.ie.

How do I get a hold of one call insurance?

For claims matters, please contact our dedicated claims team via Live Chat or by calling 0203 738 7300. Our team are available 24/7, ready to offer the right support and guidance throughout.