Oireachtas Joint and Select Committees
Tuesday, 23 April 2013
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Property Insurance: Discussion (Resumed) with Office of Public Works
3:00 pm
Mr. Liam Basquille:
What is happening in Bray is similar to what has been happening in many locations throughout the country. This situation does not necessarily have anything to do with the Bray scheme commencing. When we go through the process with the insurance industry and provide it with information on the scheme, it will have the full details. Information can be provided to residents by way of a letter or directly to the Irish Insurance Federation, IIF, but a letter in and of itself would not be of help. In other cases in which letters were given via local authorities or the OPW, the industry asserted that it needed full, robust information, including all of the technical details, if it was to assess risk properly. An outline of what is being done, even one that includes a reference to a 100-year level of protection, may not carry enough weight with the industry. However, Bray Town Council or we can provide a letter.
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