Dáil debates

Tuesday, 9 November 2021

Ceisteanna Eile - Other Questions

Insurance Industry

8:50 pm

Photo of Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source

That is welcome news. I welcome the proposed extension of the national claims information database. I note that last week, at an Oireachtas committee, Oliver Gilvarry, head of the National Competitiveness and Productivity Council secretariat made the point that enhancements to the NCID database would provide greater detail on claims which would help to drill down on the cost of the awards. I note what the Minister of State has said about the volume of information available here compared with other jurisdictions, especially the breakdown between awards and legal costs. We have seen with the database that the more information that comes through, the more information policy makers have to move forward and identify what changes need to be made. Is it the intention to make sure that more data are provided?

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