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Seanad: Proposed Sale of AIB Shares: Statements (31 May 2017)

Rose Conway Walsh: I am not.

Seanad: Proposed Sale of AIB Shares: Statements (31 May 2017)

Rose Conway Walsh: I refer the Minister to what happened last week.

Seanad: Business of Seanad (31 May 2017)

Rose Conway Walsh: I am agreeable to that provided there is time allowed for it on the first Tuesday we come back, 14 June, and that there be sufficient time for us to debate it because it is a serious topic.

Seanad: Business of Seanad (31 May 2017)

Rose Conway Walsh: Provided that we are guaranteed that-----

Seanad: Business of Seanad (31 May 2017)

Rose Conway Walsh: -----that it would be discussed at the earliest possible opportunity.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: I commend the Minister of State on keeping to his word and coming before the committee on a quarterly basis. It is a useful exercise in terms of evaluating where we are. However, it does not fill me with confidence. It appears to me that the tail is wagging the dog in the context of the insurance industry. The insurance companies continue to laugh at us. It is obvious that it appears to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: The Minister of State is doing good work on this but the bottom line is the actions are not reducing or impacting the higher rates of insurance-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: The problem I have is I am confronted with this by constituents every week. Were I say to them that we have a plan, that the Minister of State believes there is more transparency now and that things will change, they would ask me when will it change and when will their premiums come down. This is the question I am now asking the Minister of State, Deputy Eoghan Murphy, today. There is no...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: When? Can we give them an indication, say by the end of this year, that premiums will have come down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: Is the Minister of State saying that in 12 months' time, almost everybody should see this?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: Bar things remaining the same, I understand that there are some variables within the insurance business.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: I hope the Minister of State is not amazed in 12 months. I want to move on to recommendation No. 3. This extends the current renewal notification period from 15 to 20 working days but it requires a consultation paper that will not be ready until the fourth quarter of this year and any resulting legislation could take another six months. Is this just an example of putting things on the long...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: Why do insurance companies not just increase that time period as a gesture of goodwill? They could increase it to 20 days without having to go all through all the hoops.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: That could be done at a later date. Could the insurance companies not just come back with some of these actions and fix them as a gesture of goodwill? The renewal time seems to me to be a very simple thing that could be fixed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: I ask that maybe the Minister of State could go to the insurance industry and ask them to change that without trying to bring them all along. In this situation the Minister of State is being dictated to by the slowest vehicle within the system.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: Yes, I know, but the legislation could follow.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: I thank the Minister of State. I want to ask specifically about declined cases and the system. It seems that there is still a lot of delay in this regard. For example, one of my colleagues was contacted by a taxi driver who had sought insurance. The taxi driver had entered into the declined cases system but several months later was still waiting for a reply. How do consumers know what...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: What can somebody do who is in that system at the moment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: This is a final point. I am really concerned that privatisation of the policing and the specialist Garda units seems to be on the Minister of State's agenda. It should be rejected. It reminds me of the whole situation with Shell and the Garda and the force that was used there. I am appalled at the thought of privatising policing or allowing the industry to rent a cop, as it was allowed to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Motor Insurance Costs: Minister of State at the Department of Finance (1 Jun 2017)

Rose Conway Walsh: Is the Minister of State proposing that?

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