Oireachtas Joint and Select Committees

Thursday, 15 November 2018

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

Cost of Insurance Working Group Update: Discussion

9:30 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

That area is not part of our remit. Part of the national claims information database will involve analysing how much of an award gets to the claimant. The hope and expectation is that the knowledge and information arising from the national claims information database will mean that people will be more likely to settle through the PIAB due to awards being lower. They will not see it as lucrative to pursue claims in court as there will not be a big payday.

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