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 Marie SherlockMarie Sherlock (Labour)
Link to this: Individually | In context | Oireachtas source

Okay. Obviously, we will urge the Minister of State to engage in those meetings.

My final question relates to the types of insurance products that are available in this country. Aviva Insurance Ireland's submission outlined the better availability of cover in underserved areas and the anticipation that this will play out arising from the Judicial Council guidelines and the changes that are taking place within insurance. FBD Insurance and Zurich Insurance have also noted their commitment to the Irish market.

I want to ask the witnesses about insurance cover in the area of leisure and activity businesses. Do they consider there is a gap in the market now with regard to adventure centres, adventure projects, voluntary projects or groups and leisure centres? Is there is a gap in the market with regard to coverage for those sectors? Are the three companies before the committee seeking to provide coverage to these sectors in the near to medium-term?