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

Mr. Anthony Brennan:

I do not think it has yet been figured out exactly how it is going to be done in the UK. As I said, the national claims information database has become the go-to on data and, rather than creating another process, I would prefer that we try to see can we work with the existing process. We will provide all of our data to the Central Bank in a very carefully regulated and transparent way to see could we use that to provide the same level of reporting the Deputy and the Oireachtas would like to see.