Dáil debates

Tuesday, 21 September 2021

Ceisteanna Eile - Other Questions

Insurance Industry

9:55 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I thank both Deputies for those remarks. It proves the point that one of the main actions in the Government action plan for insurance is to promote competition. That is the office I chair. I insist that when people get their insurance premium, the first thing they must do is lift the phone and make an inquiry. Normally, we have found, when people make an inquiry, they get a reduction. If people choose not to do so, we will be encouraging them through increased competition.

Another point I would make to people who have insurance, especially on the business side, is that if they are dealing with a broker and they are having difficulty getting quotes, they should please try another broker. Some people are slow to do that. They need to move around.

In regard to the leisure services, obviously, I cannot comment on an individual case that was highlighted on RTÉ recently but we have to look at the risk and any claims that can arise in this particular industry, and that was exacerbated by Brexit. That is why I have met and am meeting with the IDA to encourage new companies to come into the country, and we have had positive news on that in recent months.

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