Tag Archives: Central Bank of Ireland

AN Garda Síochána has today (Tuesday) issued a warning about motor insurance scams and outlined measures that can be taken to avoid becoming a victim. “Ghost Broking is a term given to two possible types of fraud relating to false Insurance documents. Policies are bought from legitimate insurance companies using false information and then changed before being sold on to customers. Fake policy documents designed to look like they have been issued by legitimate insurance companies are created and sold on to customers, or supplied at the inception process. Proposal forms are being put through a third party before submission to a legitimate insurance company,” a garda spokesman explained. “The net effect of this is that the purchaser has not purchased a valid certificate of Insurance and has no motor insurance whatsoever and is liable for any damage caused or offence committed as a result of having no motor insurance,” the spokesman added. There are two ways to obtain a valid …

The Central Bank of Ireland has  launched a €15 limited edition silver proof collector coin to commemorate John Philip Holland [1841 – 1914], the Liscannor-born inventor of the modern submarine. The coin features a representative image of the inventor’s hand poised to place the final stroke of a technical drawing of the USS Holland, complete with a decorative nautilus spiral with the obverse bearing the traditional representation of the Irish harp. The coin, which was designed by Mary Gregory, is part of the Irish Science and Inventions coin series, and has an issue limit of 10,000 units. Speaking at the launch at the Marine Institute in Oranmore, Cathaoirleach of Clare County Council, John Crowe said, “This commemorative coin provides a lasting tribute to an individual whose achievements are celebrated throughout the world. John Philip Holland’s design of the first working submarine has had a huge impact on marine research, warfare and engineering. It is fitting that this coin is being launched …