Oireachtas Joint and Select Committees
Wednesday, 26 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion (Resumed)
Marie Sherlock (Labour)
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It neatly follows on from what Mr. Lyons said. There is a reference in the document to the insurance scheme created by the UK Government on foot of the Grenfell Tower fire. Mr. Lyons mentioned that one of his colleagues referred to the concept of project insurance. Does he believe that the UK scheme is the answer or is project insurance the answer? I would like to get a better grasp of what the witnesses believe is the answer to this issue.