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Killorglin students runners-up at Generation €uro Awards

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The Central Bank of Ireland recognised the achievements of young economics students from Killorglin Community College at the Generation €uro Students’ Award virtual final recently.

Students from Killorglin faced stiff competition from Sutton Park School, Dublin, and were crowned runners-up in the final as they took on the role of the ECB Governing Council by carrying out an analysis of the economy and setting an appropriate interest rate for the Euro area. The teams talked in detail about the challenges currently faced by the Euro zone, and were commended for their ability to analyse the rapidly changing economic environment against the backdrop of the COVID-19 crisis. Both teams received trophies to mark their achievement.

The Generation €uro Students’ Awards presentation represents the culmination of nearly a year’s work for the successful student teams. The Central Bank is delighted to deliver the final virtually and to recognise the achievements of the competing teams.

Deputy Governor Sharon Donnery highlighted the achievement of those who reached the final, saying, “through their participation in this competition, the students from Sutton Park School and Killorglin Community College demonstrated a strong understanding of the principles of economics and of monetary policy, and they showed rigour in their assessment of the monetary policy options available as they put themselves in the shoes of the ECB Governing Council”.

Speaking about the Killorglin team, which consisted of team members Ethan Victor, Luke Diggin and Ivan Loi led by their teacher Lisa Cahillane, she said “they showed excellent knowledge of the current economic conditions in a very uncertain world”.

Commenting on the importance of engagement with the next generation of economists, Deputy Governor Donnery said “the Central Bank is very committed to playing its part in encouraging the economists of the future. It’s very much in our interests to ensure there is a strong pipeline of young people interested in economics who may choose to forge careers in this area in the future. It is the case that the study of economics can open the door to so many careers.”

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Insurance for building contractors

What kind of insurance does a building contractor need? Commercial vehicles and machinery First and foremost, if a building contractor has commercial vehicles then road risk cover is a requirement by law. As with all other motor insurance products, the cover options would be comprehensive, third party fire and theft, or third party only. Commercial […]

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What kind of insurance does a building contractor need?

Commercial vehicles and machinery

First and foremost, if a building contractor has commercial vehicles then road risk cover is a requirement by law. As with all other motor insurance products, the cover options would be comprehensive, third party fire and theft, or third party only. Commercial fleet polices can cover many vehicles under one policy.
The value of the vehicle is important to review each year, as are the drivers.
Commercial vehicle policies usually give “open driving 25 to 70-years-old” but sometimes naming the drivers who will use the vehicle is a better option and can save you money.
You may need road risk and associated covers for driving plant and machinery such as teleporters, tractors and the like.

Employers, Public and Products Liability Insurance

Employers Liability Insurance covers your legal liability in the event that you are negligent and required to pay compensation for bodily injuries to an employee in the course of their employment. Employee numbers and annual wages will need to be disclosed accurately and annually.
Public Liability Insurance covers your legal liability in the event that you are negligent and required to pay compensation for bodily injuries or damage to third party property in the course of your business activities.
Your annual turnover will need to be disclosed and reviewed annually. Many main contractors and State bodies may require the tradesperson to have a minimum of €6.5 million limit of indemnity.
Products Liability Insurance covers your legal liability for injuries and property damage in connection with goods sold or supplied.

Other covers needed may include “Tools in Transit” cover which can be arranged in conjunction with your commercial vehicle policy and “Engineering Inspection Cover” may be required on plant and machinery. A “Contract Works Policy” protects the building works in progress against fire. Some insurers can include “Personal Accident” cover on a combined liability policy.

You should seek out the expert advice of a professional insurance broker to review your insurance needs. At Healy Insurances, we can review your business requirements, offer expert advice and save you money on your premiums.

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Yellow rainfall warning issued for Kerry

A status Yellow rainfall warning has been issued for the county from 12noon today (Monday) until the early hours of tomorrow morning. Thunderstorms and heavy showers will develop today over the western half of the country, moving eastwards this evening where they will continue tonight. Localised downpours will lead to spot flooding and hazardous driving […]

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A status Yellow rainfall warning has been issued for the county from 12noon today (Monday) until the early hours of tomorrow morning.

Thunderstorms and heavy showers will develop today over the western half of the country, moving eastwards this evening where they will continue tonight. Localised downpours will lead to spot flooding and hazardous driving conditions.

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