Oireachtas Joint and Select Committees

Wednesday, 16 December 2020

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

Insurance Issues: Minister of State at the Department of Finance

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

That is a very good suggestion and we will certainly take it on board as part of our work on competition. To take the example of any county, if there are 40 towns and villages in the Tidy Towns competition and they all have to insure equipment, people who do work and different considerations like that, there would be tremendous value if they were to come together as a group because they would have purchasing power in seeking cover from insurance companies rather than the insurance companies picking them off one by one. Definitely there is scope there.

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