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The number of insurance companies who issue business insurance can influence business insurance rates as can the size and type of business, to name a few.
The publication of the guidelines follow the transposition of the new EU Directives on public procurement into Irish law and usher in important changes on how public procurement will be conducted across Europe in future years.
They are intended to serve as a toolkit for practitioners and a general reference document for suppliers.
There are several categories of risk identification factors that combine into determining coverage approval and policy rates.
Among them are business experience, operational hazards, and even location.