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

As I said, I raised the issue of taxi drivers with the insurance companies. One company is prepared to run a pilot programme if taxis are prepared to use dashcams and a black box to allow analysis of whether drivers are driving responsibly. The issue is the level of awards against full-time professional drivers. Our level of awards is the biggest issue in insurance by a country mile. Claims of a couple of thousand euro would be considered for some small incidents in other jurisdictions, whereas one can get €10,000 or €15,000 for the same incident in Ireland. That is the biggest issue by a country mile.

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