Edward Timmins (Wicklow, Fine Gael)

I do not know the percentage that insurance comprises of the overheads of a small business but I would imagine it is 3%, 4% or 5%. Would that be fair enough to say? The Government is seeking to promote small businesses. In hospitality, it reduced the VAT from 13.5% to 9%, effectively adding in the order of 4% to their bottom line. If we could reduce insurance premiums by something similar, it would achieve something, with no cost to the Exchequer.

How can we ensure more claims are settled through the Injuries Resolution Board, not the courts?