Oireachtas Joint and Select Committees

Tuesday, 19 March 2013

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Property Insurance: Discussion (Resumed) with Irish Insurance Federation

2:50 pm

Mr. Kevin Thompson:

It is fair to say we are at the early stages. Our first meeting was in the middle of January, we had a meeting in February and another meeting last week. The idea is to keep these monthly meetings going. We need to fully understand the technical data as presented to us by the OPW. That is the current position. It is an effort to get these technical data into a format that both parties can understand.

To be clear, we have not got all the data on every piece of work the OPW has carried out. We started with certain pieces of work and it is a matter of working through, the idea being that once we fully understand this, we will try to incorporate it into our members' underwriting criteria.

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