Oireachtas Joint and Select Committees

Thursday, 13 June 2019

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

Cost of Insurance Working Group: Minister of State at the Department of Finance

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

We expect representatives of the insurance companies to appear before us because of the importance of these issues for society, the economy, consumers, motorists, businesses, voluntary bodies, charities and so on. We expect the big companies, once they have received invitations, to appear before the committee to explain their case, give their perspective on the industry at this time and the challenges it faces, make suggestions on what needs to be done and outline the impact on premiums should those suggestions be put into effect. We hope they will accept our invitation and I look forward to them appearing before us.

It has been very frustrating trying to get information and data on fraud. The Minister of State referred to two recent cases where people were convicted of insurance fraud. Can he provide information to the committee on the number of prosecutions and convictions secured under the Civil Liability and Courts Act 2004? Can he get those data because I have tried to get them and cannot do so?

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