Dáil debates

Wednesday, 31 March 2021

Ceisteanna Eile - Other Questions

Insurance Costs

7:55 pm

Photo of Pádraig O'SullivanPádraig O'Sullivan (Cork North Central, Fianna Fail) | Oireachtas source

Gabhaim buíochas leis an Leas-Cheann Comhairle. I welcome the Government's Action Plan for Insurance Reform which was launched in December. I note the progress made to date and the update the Government provided last week. Actions delivered upon include the adoption of new personal injuries guidelines, a public consultation on enhancing the role of the Personal Injuries Assessment Board, new regulations on solicitors' advertising, and a response to the Central Bank report on dual pricing.

Many small businesses have been kept afloat with the assistance of Government supports over the past year and I want to acknowledge the great amount of work done by the Minister of State, his Department, and the Minister, Deputy McGrath, in that regard. If businesses are to recover post Covid-19, however, we must ensure that the reform of the insurance sector happens as quickly as possible. Can the Minister of State give a commitment that the issue of insurance reform will be addressed this year?

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