Draft:Life Insurance Association (Ireland)
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The Life Insurance Association of Ireland (LIA) is an educational body for those working in the financial sector.[1] According to the organisation’s website, its membership is comprised of individuals, life assurance companies, brokerages and credit unions.[2]
History
[edit]In 1978, it was founded in Co. Cork, originally as a section of the Life Insurance Association (UK).[3] Other regions were subsequently established in Dublin, Waterford, Limerick and Galway.[1] By 1982, it possessed 12,000 members.[4] It was previously described by the Belfast Telegraph as "the main representative body" for the insurance and financial sector in Ireland.[5] In 1989, Brendan Glennon, a Dublin based financial broker, became the first person from Ireland to be elected president of the LIA for both the UK & Ireland.[6] It became fully autonomous and separate from the UK organisation in 1993.[1] In 1993, Eleanor Petrie became the first woman to be elected as LIA president in Ireland.[7]
The LIA performs educational talks and discussions on finance, insurance, and tax.[8][9][10] Among those who previously gave talks included Eddie Hobbs.[11] In 1983, it commissioned a book on financial literacy titled 'Safety in Numbers,' which was included in school libraries around Ireland.[12] At the 1983 LIA convention, Sean Barrett TD, then a Minister of State, urged "self regulation rather than government imposed solutions" as the way forward for the industry.[13]
In 2024, it partnered with Childhood Cancer Ireland, in which members provided financial planning advice free-of-charge to the families of those affected by cancer in childhood.[14]
As per the LIA website, it produces a quarterly magazine titled ‘The Advantage.’[15]
References
[edit]- ^ a b c "LIA Annual Convention". Munster Express. 9 October 1988.
- ^ "Our History | LIA". www.lia.ie. Retrieved 2024-11-21.
- ^ "LIA History 1972-2004". From 1972 until 2004 LIA UK was a professional association for those who gave and supported financial advice. Retrieved 2024-11-21.
- ^ "Talks an introduction of insurance courses". Cork Examiner. 18 September 1982.
- ^ "Insurance Survey". Belfast Telegraph. 8 January 1991.
- ^ "On the Inside". Irish Independent. p. 4.
- ^ "First Lady for LIA". Irish Independent. 1 April 1993.
- ^ "LIA Talk". Belfast Telegraph. 30 April 1991. p. 47.
- ^ "Business Examiner". Cork Examiner. 9 August 1993. p. 17.
- ^ "Assurance buyers take cue from Taylor crux". Irish Independent. 13 March 1997. p. 33.
- ^ "Most Retired Rely on Help". Limerick Leader. 17 March 1990. p. 6.
- ^ "New project to explain insurance". Irish Independent. 20 January 1983. p. 4.
- ^ "Independent Property". Irish Independent. 23 September 1983. p. 23.
- ^ Hanley, Saoirse (20 May 2024). "Finances get stretched when a child gets seriously ill". Irish Independent.
- ^ "The Advantage | LIA". www.lia.ie. Retrieved 2024-11-21.
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