Results 13,581-13,600 of 14,090 for speaker:Marc MacSharry
- Joint Committee on Tourism, Culture, Arts, Sport And Media: Key Priorities and Legislation of the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media: Discussion (24 Nov 2021)
Marc MacSharry: Really.
- Joint Committee on Tourism, Culture, Arts, Sport And Media: Key Priorities and Legislation of the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media: Discussion (24 Nov 2021)
Marc MacSharry: It is one person per acre or something like that?
- Joint Committee on Tourism, Culture, Arts, Sport And Media: Key Priorities and Legislation of the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media: Discussion (24 Nov 2021)
Marc MacSharry: I thank the Chair and also the Minister for her response.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: I am grateful to the regular committee members for allowing me to participate in this meeting. My questions are about business interruption, the subject matter of today's meeting. However, I want to focus on AIG and Mr. Connaughton if I may. My question relates to the 2,200 GAA clubs in the country. I thank AIG for its tremendous support of Cumann Lúthchleas Gael and the great Dublin...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: I certainly would not want to be getting into individual clients or to be arguing the case as to whether a claim was eligible. The reason I am raising this today and the reason I asked the Chairman to bring the insurance companies in is relevant to the 2,200 clubs. Some have come to me to ask these questions. What they think they are insured for, and what the Cumann Lúthchleas Gael...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: This organisation has a high level of visibility. It is difficult for 2,200 clubs to get face time with AIG individually. That is why they at times act through the likes of us in the Oireachtas.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: I am only getting into detail that is available on the GAA's website. I want to cut to the chase with Mr. Connaughton. The suggestion from some GAA clubs is that there is a clause in the policy with AIG whereby, subject to the courts, to AIG or adjudication on claims in the normal way - I am not coming down on one side or the other of that - each club could theoretically make a claim of up...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: No. Mr. Connaughton said that the broker managed the client. I just followed on from that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: I know the process but if the policyholder does not know about this, it is unlikely to make a submission. Is that not a reasonable deduction? Would it be normal for AIG's policies, and this one specifically, to include a clause prohibiting a club from appointing a loss assessor?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: This policy does. We are talking about 2,200 GAA clubs around the country and the policy's wording seems to prohibit the appointing of loss assessors, which is a clear breach of section 7.1 of the consumer protection code. Will Mr. Connaughton investigate this specific situation? Is there a policy in existence with CLG telling it that clubs cannot appoint assessors? In other words, AIG...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: Let us speak hypothetically and make up a client. Let us say that Marc MacSharry is insured by AIG. I want to go the test case route. Will AIG agree to do that? I do not have the €100,000 to take the arbitration route.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: Is it the broker that decides, so?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: Does the broker decide that AIG will go the test case route? Could Marsh Ireland decide for AIG, which is quoted on the Stock Exchange in New York, that Marsh Ireland is the designated authority and the claim will go the test case route? I would say that the shareholders would have a view on that if it were really the case.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: I have a final question, although I will speak again later if time allows. I have read the policy I referenced. Not the master copy, though, because the GAA will not give it to the clubs. It seems that AIG will not give it to individual clubs either. There is nothing in the policy saying that clubs cannot claim and nothing to suggest anything other than each unit of the GAA is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: I thank Mr. Connaughton.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: Yes, I have a question for AIG. Why, heretofore, has it not opted for the test case route? Arbitration is in secret, costs on average €100,000 per claimant and is non-binding, whereas a test case, according to the guidance outlined by the Central Bank, prescribes that AIG as the insurer would pay the reasonable cost, it would all be in public and that if the test case were to prove...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: It takes years, though.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: It is in the policy document.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)
Marc MacSharry: On the test case for the sporting clubs where AIG has substantial exposure, would it go the test case route?
- Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (20 Jan 2022)
Marc MacSharry: The programme for Government speaks a lot about transparency and accountability, as well as public service reform as mentioned on page 119 of the document specifically. I do not want to address the matter the Tánaiste was discussing in his radio interview last Sunday but, unfortunately, he said about his authority in terms of the public service: We do not have authority over civil...