Motor Insurers’ Bureau of Ireland

What Motor Insurers’ Bureau of Ireland does

The Motor Insurers' Bureau of Ireland (MIBI) is a not-for-profit statutory body established in 1955 by Agreement between the Irish Government and motor insurance companies, operating under Section 78 of the Road Traffic Act 1961. Its core function is to compensate victims of road traffic accidents caused by uninsured, unidentified, or foreign-registered vehicles in Ireland. All companies underwriting motor insurance in Ireland are legally required to be members of MIBI; the organisation currently has 27 member insurers and, over its 70+ year history, has paid out an estimated €2 billion+ in compensation at today's values. MIBI also serves as Ireland's Green Card Bureau, Compensation Body, Guarantee Fund, and Motor Insurance Information Centre.

MIBI's central technology asset is the Irish Motor Insurance Database (IMID), which combines the Motor Third Party Liability (MTPL) Database and the National Fleet Database (NFD). IMID tracks insurance status for 3+ million vehicles and, since March 2025, 5.6+ million unique driver identifiers, with daily updates shared with An Garda Síochána via ANPR integration and the Garda Mobility App. This data infrastructure has driven measurable road safety outcomes — uninsured private vehicles fell from 8.3% in 2022 to 4.2% in 2024, and vehicle seizures for uninsured driving rose 67% year-on-year.

The business model is fund-based rather than product-based. MIBI collects a market-share-proportional levy from member insurers monthly via direct debit, alongside an ex-ante Motor Insurers Insolvency Compensation Fund (MIICF, target ~€200 million) and annual €5,000 membership fees. The organisation operates from a single headquarters in Dublin's IFSC, employs a small leadership team led by CEO David Fitzgerald, and is governed by a Board. Following the Motor Insurance Insolvency Compensation Act 2024, MIBI has additionally been designated as the Irish Motor Compensation Body for cross-border EU insolvency claims.

Name

Motor Insurers’ Bureau of Ireland

Legal name

Motor Insurers' Bureau of Ireland

Website

https://mibi.ie

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

The Motor Insurers' Bureau of Ireland (MIBI) is a statutory not-for-profit body, established in 1955, that compensates victims of road traffic accidents caused by uninsured or unidentified vehicles in Ireland. It operates the national Irish Motor Insurance Database (IMID) and is funded by mandatory levies from 27 member insurers.

Ownership category

akta.pro rank

Product category

Motor Insurance Compensation Services

NAICS

Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers (5241), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Motor Vehicle Liability Insurance (FSAJAMAC)

akta.pro secondary industries

Personal Auto Insurance (FSAJAMAA), Personal Accident Insurance (Injury, Disability & Income Benefit) (FSAJAJAD)

Keywords

• Motor insurance compensation
• Uninsured vehicle claims
• Insurance database management
• Road traffic accident victims
• Motor insurer insolvency fund

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Others

Revenue model

1. Statutory Levy Contributions: All motor insurers underwriting in Ireland must be MIBI members and contribute to a fund based on their market share (proportion of Class 10 Gross Written Premium). MIBI levy is collected monthly via direct debit based on actuarial projections of claims payments and expenses.
2. Motor Insurers Insolvency Compensation Fund (MIICF): Ex-ante fund funded by mandatory contributions from members (0-3% of gross written motor premiums) to meet Shortfall claims where ICF covers 100% of losses. Target fund size approximately €200 million.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

MIBI compensates victims of road traffic accidents caused by uninsured, unidentified, and foreign-registered vehicles in Ireland. It operates the Irish Motor Insurance Database (IMID) providing real-time insurance data for 3+ million vehicles to An Garda Síochána, manages the Motor Insurers Insolvency Compensation Fund (MIICF), and serves as Ireland's Green Card Bureau and Compensation Body under EU Motor Insurance Directives. All motor insurers underwriting in Ireland are mandatory members paying levy contributions based on market share.

Product overview

Motor Insurers' Bureau of Ireland (MIBI) operates primarily as a not-for-profit compensation organization rather than a traditional technology product company. Its main product is the Irish Motor Insurance Database (IMID), which comprises the Motor Third Party Liability (MTPL) Database and National Fleet Database (NFD). IMID serves as the central insurance information system for Ireland, updated daily and shared with An Garda Síochána via ANPR technology. Additional services include the Driver Number system, Green Card Bureau services, Compensation Body services, Irish Motor Compensation Body (IMCB), and Motor Insurers Insolvency Compensation Fund (MIICF). Claims handling services cover uninsured vehicles, unidentified vehicles, and vehicles registered outside the State. An online claim form and insurance enquiry form support victim compensation.

Differentiator

Problem solved

Functional benefit

Products and services

• Irish Motor Insurance Database (IMID) Central database providing motor insurance information for all vehicles insured in Ireland, comprising the Motor Third Party Liability (MTPL) Database and National Fleet Database (NFD). Updated daily and shared with An Garda Síochána for detecting uninsured vehicles via ANPR technology.
• Uninsured Vehicle Claims Service Claims processing service for victims of road traffic accidents caused by uninsured vehicles. Includes online claim form, investigation, and compensation payment for personal injury and property damage.
• Unidentified Vehicle Claims Service Claims processing for personal injury caused by unidentified vehicles (hit-and-run), with investigation services and compensation payment to victims.
• Motor Insurers Insolvency Compensation Fund (MIICF) Ex-ante fund established under Insurance (Amendment) Act 2018, funded by mandatory contributions from MIBI members (0-3% of gross written motor premiums) to cover shortfalls in insurance compensation claims when motor insurers become insolvent.
• Green Card Bureau Service Service acting as Green Card Bureau for Ireland, investigating accidents caused by vehicles registered outside the State and managing cross-border insurance claims under the Green Card System and EU Motor Insurance Directives.
• Compensation Body Service Designated Compensation Body under EU Motor Insurance Directives, handling claims where insurers cannot be identified or are insolvent, providing statutory compensation to injured parties.
• Irish Motor Compensation Body (IMCB) Body established under Motor Insurance Insolvency Compensation Act 2024 to compensate injured parties where EU-based motor insurer becomes insolvent, with strict timelines for claim processing under EU Directive 2021/2118.
• Insurance Enquiry Service Online enquiry form service for identifying insurers after accidents, allowing victims to establish the identity of the insurer of the alleged offending vehicle through the Motor Insurance Information Centre.

Quantifiable outcome

• Uninsured private vehicles reduced from 8.3% (2022) to 4.2% (2024) - a 50% reduction following IMID/ANPR introduction
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• Council of Bureaux (COB)coreStrategic or Co-development Partner · 27 May 2026International organization governing Green Card System and EU Motor Insurance Directives. MIBI operates as Green Card Bureau for Ireland under COB regulations. COB facilitated Agreements between EU compensation bodies for cooperation under Motor Insurance Insolvency Act 2024.
• EU Motor Compensation BodiescoreStrategic or Co-development Partner · 17 October 2024Agreements signed between all EU compensation bodies via COB for cooperation, information exchange, and funding/reimbursement mechanisms under Articles 10a and 25a of EU Motor Insurance Directive 2021/2118.
• An Garda SíochánacoreStrategic or Co-development Partner · 23 May 2024MIBI provides daily insurance data for 3+ million vehicles to An Garda Síochána via IMID, enabling real-time uninsured vehicle detection through ANPR and Garda Mobility App. Partnership formalized through Memorandum of Understanding and data sharing agreement signed November 2023.
• Department of TransportcoreStrategic or Co-development Partner · 23 May 2024Government department responsible for Road Traffic Act legislation enabling IMID data sharing with An Garda Síochána. Co-developer of IMID project along with MIBI, Gardaí, Insurance Ireland and insurance sector.
• Insurance IrelandcoreStrategic or Co-development Partner · 23 May 2024Industry body representing motor insurers, co-developer of IMID project. Insurance Ireland members invested in and worked alongside MIBI, An Garda Síochána and Government to deliver the Irish Motor Insurance Database.
• Road Safety Authority (RSA)coreGTM or Marketing Partner · 4 September 2023Joint national advertising campaign to encourage fleet owners and motor traders to upload vehicle details to National Fleet Database before November 2023 deadline. Partnership for public awareness on legal compliance requirements.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Verein Verkehrsopferhilfe e.V. (VVH) - Germany: Germany's equivalent compensation body for victims of uninsured drivers, operating on a similar EU Motor Insurance Directive framework. Comparable mandate, EU-coordination function, and statutory compensation funding model.
• CONSAP - Italy (Gestione Fondo Garanzia Infortuni): Italy's compensation body for uninsured/unidentified vehicle accident victims, a Council of Bureaux member with the same EU Directive-driven mandate as MIBI under the Motor Insurance Insolvency Compensation Act 2024.
• Motor Insurers' Bureau (UK): The UK's equivalent statutory body, compensating victims of uninsured and untraced drivers and operating the Motor Insurance Database (MID) - the closest functional counterpart to MIBI's IMID. Operates under analogous UK legislation and faces similar mandate expansion via EU-derived directives post-Brexit.
• Belgian Motor Insurers Bureau (FAAB): Belgian motor insurance bureau handling uninsured-driver compensation and national insurance database oversight, an immediate Council of Bureaux counterpart with the same EU directive obligations and small-market similarities to MIBI.
• Fonds de Garantie des Assurances Obligatoires de dommages (FGAO) - France: France's motor liability compensation body handling uninsured/unidentified-driver claims, operating as a member of the Council of Bureaux with overlapping statutory functions to MIBI's Green Card Bureau and Compensation Body roles.
• Oficina Española de Aseguradores (OFESAUTO) - Spain: Spain's motor compensation body serving as the country's bureau for uninsured/untraced driver claims and Green Card coordination, with structural parallels to MIBI under the same EU directives.

Others

• Council of Bureaux (COB): International umbrella organization coordinating Green Card System and EU Motor Insurance Directives across 47+ member bureaux including MIBI. Acts as MIBI's peer ecosystem rather than competitor, governing cross-border claims reimbursement.
• Road Safety Authority (RSA): Irish statutory road safety agency collaborating with MIBI on the National Fleet Database awareness campaign; shares mission overlap in uninsured-driving reduction but is a government department equivalent rather than a compensation body.
• Insurance Ireland: Industry body co-developing IMID alongside MIBI; not a peer in product terms but a key partner and stakeholder whose 27 member insurers are MIBI's funding base. Their strategic interests and lobbying directly shape MIBI's operating context.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Motor Insurers’ Bureau of Ireland