Dáil debates

Tuesday, 7 March 2023

Ceisteanna Eile - Other Questions

Insurance Industry

10:35 pm

Photo of Ruairi Ó MurchúRuairi Ó Murchú (Louth, Sinn Fein) | Oireachtas source

I thank the Minister of State. In fairness, we are in a better place than we were, although I could argue that we should have reached here earlier.

We could all point to examples. There is a community centre in my constituency that was being charged €11,000. A claim could be made against three organisations – the community centre, a company and a community organisation - and each of them would see an increased premium. Turning to specific sectors, a significant number of bouncy castle companies are operating in the black but, despite engaging with the best of intentions, were not able to get insurance. This difficulty needs to be rectified.

The reform of duty of care needs to happen. Will the Minister of State say something more about the encouraging conversations that are happening? I am delighted that the IDA has a positive message, but we need to see positive results and more people in the industry.

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