Statistics
This is the Statistics page of the InjuriesBoard.ie (formerly known as the Personal Injuries Assessment Board) website, providing statistics on its operations within the broader context of Personal Injury Compensation in Ireland. The page will be updated on a regular basis.
2007 Statistics
Assessments (Awards) - Values
Assessment Awards - Values| Total Value of Assessments issued 2007 | €181m |
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| Total Value of Accepted Assessments 2007 | €102m |
Assessments (Awards) - Savings to Date
According to the Motor Insurance Advisory Board (MIAB), the cost of delivering awards under the litigation system prior to the establishment of PIAB was 46% of the award value. These figures are supported by the findings of the independent Cost Benefit Analysis (Dr Vincent Hogan, UCD) conducted at the end of 2006, which reported PIAB cost savings of almost €24 million up to the end of October 2006 (See Section 5).
Any reduction in the cost of delivering compensation is of benefit to consumers through reduced premiums or payments for goods and services. Details of reductions in insurance premiums can be obtained from the Central Statistics Office or the Financial Regulator.
| Average Delivery Costs per Claim (2007) | €1,492 |
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| Average Savings per Accepted Award vs. 46% Litigation Costs | €7,949 |
| Total Savings on Accepted Awards (2007) | €39.75m |
Breakdown of PIAB Awards by Value - 2007
Average Value of PIAB Awards by Category
| Motor Liability | €21,707 |
| Employer's Liability | €26,038 |
| Public Liability | €20,792 |
Lowest/Highest PIAB Awards
Breakdown of All PIAB Awards - 2007
The concentration of PIAB awards in the value categories below €38,000 is reflective of the historical situation as evident in data from the Courts Service. Historical court data shows that 89% of awards were below €38,000. In 2007, 91% of PIAB awards were also in the same category.
Awards
Timelines to assess PIAB claims
- 100% of cases are assessed within the statutory timeframe as set out in the Personal Injuries Assessment Board Act 2003
- The average timeframe from the date of Respondent consenting to PIAB assessing the claim is 6.9 months
- Prior to the introduction of PIAB, cases took on average 36 months to be resolved through the litigation system.