Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

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

Developments in the Insurance Industry: Discussion

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Deputy Doherty said he had conducted a survey and analysis of the cases brought to his attention. I have done likewise and I set that against all of the things that are improving in insurance, what is happening in the courts and so on. Nothing the three CEOs have said gives any comfort to me or, indeed, to those customers to whom I will write back after this meeting. I will encourage them to write directly to the three insurers represented today and see what comes out of it. I suggest to Deputy Doherty that he do the same. I am fed up listening to the same old story all of the time. It is like Groundhog Day and we do not move on in any substantial way.

I want to ask about chartered engineers and fire safety consultants. I understand they seek insurance cover from the insurance companies represented here today.

Is that correct? Is that category of person or company be insured by the companies? That is a question for everyone. Maybe Mr. Brennan could give Mr.O' Rourke a chance. Does Mr. O'Rourke want to answer?

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