Firms set to create 200 new jobs
More than 200 jobs are to be created at a new health insurance company and a security monitoring firm.
Insurer GloHealth, which launched in Ireland on Monday, said it will take on 150 staff over the next three to four years. Forty-five positions have already been filled.
Jim Dowdall, chief executive, said the company would focus on providing cheaper insurance cover and care tailored to the needs of clients.
"Health insurance customers are crying out for a new approach and hard-pressed families are looking for better value, better cover and better choice," he said.
"The recently published Report on the Health Insurance Market by the Health Insurance Authority reinforced the impact which reduced disposable income and significant price increases has had on customers.
"Up to now, hard-pressed families have been faced with having to consider dropping out of the market. From today, these customers have a great alternative."
Meanwhile, 60 jobs are to be created by Alarm Control 24 in a 3 million euro investment in the country's only long-range radio telemetry alarm monitoring system.
The Sandyford-based firm has developed a system to protect homes which cannot be blocked by illegal alarm-jamming devices.
Alarm Control 24 employs 22 people and will take on 30 staff over two years at its monitoring station. It plans a further 30 positions in 2014.
Derek Mooney, company director, said: "Our network is the only one of its kind in Ireland and it cannot be blocked by GSM blocking technology which the criminal fraternity are now using. We have the best monitoring system in the country and this has enabled us to create these new jobs."