Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Photo of Mary ButlerMary Butler (Waterford, Fianna Fail) | Oireachtas source

As Mr. McCoy is well aware, the issue around insurance and business interruption cover, especially for publicans, has been huge. I have met many publicans in my constituency, as I am sure every other Deputy has, in relation to business interruption cover and the fact that they are not technically covered for the pandemic unless they had a case of it on their premises. What kind of interaction have IBEC and ISME had with the insurance companies to see if this can be moved on? We know now that some publicans had to resort to going to the courts to avail of their business interruption cover.

I spoke to one publican and his insurance company is based in Europe. It is pulling out of Ireland and he has been left high and dry.

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