BreakingNews.ie this morning reports that thousands of parents are set to be left without childcare from January as creches close their doors because of an insurance crisis.
The departure of one of the biggest insurance providers in the sector means creches and childcare providers are now being quoted more than triple their current policy or have been completely left without cover.
It is also understood some childcare providers that have an open claim have been unable to even get a quote for alternative insurance.
One creche owner in Galway, who had been paying €3,000 annual insurance, has received a quote from the remaining insurer in the Irish market for almost €10,000 and must decide this week whether to close at Christmas.
