Oireachtas Joint and Select Committees
Wednesday, 14 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion (Resumed)
11:00 am
Mr. Conor O'Brien:
The important point is that it is not that we should be involved with every personal injury claim, as that would not work either. Our model facilitates early settlements by insurers and the problem is a lack of transparency in terms of what is going on in those early settlements and the contribution to costs and overall claims. In an ideal world, there would not be any need for a process as they would all be settled early.
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