Dáil debates

Wednesday, 1 December 2021

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

12:42 pm

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

I thank the Deputy for raising that. He has raised the issue with me and we have been working on it. Yesterday I personally had a meeting with Insurance Ireland, which represents all the major insurance companies in Ireland, the Alliance for Insurance Reform, which produced a list of specific areas where there are problems, and Brokers Ireland. All three of them and myself met yesterday to discuss these pressure points. Work is continuing on it. A number of areas have immediate deadlines. The brokers are trying to source insurance wherever possible. We do not have a solution to date for that particular list which we examined yesterday. We are working on it. For the record, insurance is one of those areas in which we actually had a hard Brexit. The trade and co-operation agreement, TCA, covers lots of areas but essentially, although in the financial services most companies were able to plan and move staff here and get authorisation in advance, that sector of the economy actually had a hard Brexit.

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