Results 41-60 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: We do not have time to kill but if the Deputy has another point, he might make it. If he concludes his remarks, we can bring Mr. Jewell back in.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: It is certainly a way of tackling issues from a peculiar angle.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I am unsure as to whether Mr. Jewell saw any of this morning's contributions but one of our committee members asked about a nationalised or State insurer. I do not mean to keep coming back to Mr. Faughnan, who was speaking more as a representative of the Automobile Association on behalf of motorists than a broker - he would have experience as a broker as well - but he argued that even if the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: Has Mr. Jewell managed to engage with Insurance Ireland? As the representative of the Consumers' Association of Ireland, has he had a sit-down meeting or dialogue with the insurance companies, saying, "Look, we're the Consumers' Association and we represent the consumer, in this case, the motorist"? I do not think any sector in the country has seen price rises of 37% or 38% from one year to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: It is staggering. We heard this morning that 8% of insured people are making claims and therefore 92% are paying in and seeing nothing except price rises. They are doing what they are legally required to, and they have to.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: However, it is not 60% of people paying for 40%, it is 92% paying for 8% and the administration of that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: Has Mr. Jewell had a proper dialogue where an insurance company has said that it acknowledges the association's role but the reasons insurance costs are going up is claims, that it is historic, that it is paying for Setanta, Quinn and whoever, and that the company was historically under-charging? These are all the things we are hearing, but we have not yet heard from individual insurance...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: Were they insurance providers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: We will have Insurance Ireland in later on in the session-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: -----but perhaps not the individual companies.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: If Mr. Jewell was sitting in our position next week when we will be dealing with Insurance Ireland, what questions would he put to the representatives or what questions does he want us to put to Insurance Ireland? We will obviously have lots of our own questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: On the questions to Insurance Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: The points made by Senator Rose Conway-Walsh and Deputy Frank O'Rourke have been addressed by both Mr. Jewell and Mr. O'Rourke. Unless anyone else has a particular point to raise on this side, we will finish up. On behalf of the committee and on my own behalf, I thank Mr. Jewell and Mr. O'Rourke for participating in this meeting and for the material they supplied in advance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I welcome Mr. Mark Fielding from ISME, Ms Patricia Callan and Ms Linda Barry from the Small Firms Association, and Mr. Neil Walker and Dr. Michael Gillen from IBEC to this afternoon's session to discuss the rising costs of motor insurance. I have a small notice regarding privilege which is a bit like the air hostess notices on aeroplanes. I draw the attention of witnesses to the fact that by...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I call on the IBEC representatives to make their opening statement.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I thank Dr. Walker very much. As in our earlier sessions, we will allow various members of the committee to put questions to the deputations. We will then allow the latter to address the queries rather than have a series of different people all coming in at one time. Would Senator Conway-Walsh like to start?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I thank Senator Conway-Walsh. I do not believe she asked a question but she endorsed what was said by many others.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I support the Senator's endorsements. The witnesses have put their cases very well. There was a slight difference of opinion. The perspective of IBEC is that legal costs are rising versus Mr. Fielding's comment that the costs have not changed that much. We have heard the same stuff for the past two days, so we have been here before. That is the slightly depressing or disappointing aspect...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Discussion (8 Sep 2016)

Gerry Horkan: I thank Deputy O'Rourke. I think his main question is really the last question which was written down in front of me. It was a question I was going to mention. We will have representatives of Insurance Ireland before the committee next week. We had the Consumers' Association of Ireland in just before the current witnesses and we asked the representatives if they had engaged with Insurance...