Oireachtas Joint and Select Committees

Thursday, 23 November 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Scrutiny of the Flood Insurance Bill 2016

9:30 am

Mr. Kevin Thompson:

In regard to Cork specifically, we would need to see the final plans and what has been agreed regarding a particular scheme before we could comment on it. In regard to fixed versus demountable defences, Deputy McGrath is correct in terms of our commentary in 2014 but things have moved on slightly. Since then, we have been in extensive dialogue with the OPW on demountables. As per my statement, we recognise that demountables to a one in 100 years standard, if deployed correctly, provide the same level of coverage as a fixed defence. We are not in contention on that issue. The concern of the industry is in regard to the deployment of demountables. We are in discussions with the OPW around the protocols of deployment and, more important, if those protocols fail, what redress will be available. As stated earlier our goal is to increase coverage. That was the purpose of our signing the memorandum of understanding, MOU. We are working with the OPW to increase coverage.

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