Dáil debates

Thursday, 16 December 2021

Ceisteanna Eile - Other Questions

Insurance Industry

11:40 am

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

On the duty of care, it is an immediate priority. It is one of the biggest single outstanding actions in the action plan that we announced 12 months ago. I would hope that by the end of January we will have a firm date. There is a meeting of the Cabinet subgroup dealing with this issue towards the end of January, by which time we will have a full review of 2021. I expect that at that date we will have a clear timeline. I do not have a date today because it is subject to legal discussion between Department officials and the Office of the Attorney General. My hope is that by the end of January, around the time we come back, we will have a date for that.

With regard to my engagement with the industry, it is well known and is public knowledge that I recently met individually each of the chief executives on the matter, having done that earlier in the year. I met Insurance Ireland to make sure it, as a representative body, is making sure there is good feedback in the area. I met the Alliance for Insurance Reform specifically in regard to the pinch points where people cannot get insurance. I have committed to meeting them again in January to progress that particular work.


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