Oireachtas Joint and Select Committees

Thursday, 4 April 2019

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

Insurance Costs for Small and Medium Businesses: Discussion

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Will reform of the book of quantum make that difference? What reform should occur? The Minister of State, Deputy D'Arcy, genuinely wants to get the book of quantum reformed. He was hounding us to make sure it would go before the Seanad. He has spoken to the Minister, Deputy Flanagan, and it will be on Report Stage. We will get it through as quickly as possible but it is not just about getting it through, it is also about the precise contents we get through. I am not an authority on the book of quantum but I know it is the problem. I will speak to Ms Murray and Mr. Monks shortly about people being able to get insurance. We have had myriad meetings. Will the book of quantum make a significant difference on awards?

Could it have an indirect, but positive, impact by allowing Ms Murray and the clients of Mr. Monks to get insurance cover at a realistic rate?

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