Oireachtas Joint and Select Committees

Thursday, 8 March 2018

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

General Scheme of the Insurance (Amendment) Bill 2017: Discussion (Resumed)

9:30 am

Mr. Gerry Cross:

That is a good question. I would imagine the administrative functions of the ICF which fall within our remit would be subject to the Comptroller and Auditor General. However, we are not responsible for auditing decisions around the payment of claims, for example. That is for the State Claims Agency.

The work done by the cost of insurance working group, CIWG, has led to the publication of heads of a Bill for the establishment of a claims information database. That will not just allow the overall premium prices to become available but also a large range of data that was missing from the discussion to date.

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