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Fibromyalgia: Statements (4 Apr 2019)

John McGuinness: I am sharing my time with Deputy Michael Moynihan.

Fibromyalgia: Statements (4 Apr 2019)

John McGuinness: The easiest way for me to capture what people think about this is to read from a letter I received from a constituent in January. The content of the letter represents what most people would write in their correspondence, and I have received numerous letters about the campaign to have fibromyalgia recognised. This lady writes to me about her son, who is 46 years of age. He has had the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: We will now deal with No. 5, insurance costs for small and medium sized businesses. I welcome the representatives of the Alliance for Insurance Reform and the Irish Small and Medium Enterprises Association, ISME, to the meeting. By virtue of section 17(2)(l)of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to the joint committee. However,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: I thank Mr. Boland. May we now have ISME's opening statement, please?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: Not long, we hope.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: I very conscious that the FBD representatives are coming in at 11.30 a.m. and we are gone past that time now. Deputy Burton, Senator Horkan and Deputy Murphy may ask some questions if they wish but they should bear in mind that the time is ticking away. We will have less time with FBD.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: Deputy Burton was next. She will be followed by the Senator and then Deputy Murphy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: We might bank those questions and ask the Senator to come in.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: The Senator will not get that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: The Senator is wasting time now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: I will ask each witness to respond briefly and to provide a summing up comment because as I said, representatives from FBD are waiting outside. I also ask them to outline what lobbying they have done directly with the Minister for Finance, other Ministers or the Government.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: I thank all our guests for joining us and giving their view on the market and what needs to be done. In particular, I thank Ms Murray, who put a human face on the issues. The committee cannot be accused of kicking the can down the road. We have prioritised, debated and written a report on the matter. None of the guests addressed the question I asked about what they did about continually...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: We are resuming in public session to discuss insurance issues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: Yes. We are joined by Mr. Jackie McMahon, chief claims officer, and Mr. John Cahalan, chief commercial officer, of FBD Insurance. I welcome both and I invite Mr. McMahon to proceed with his opening statement.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: That depends on the book of quantum. That is the caveat.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

John McGuinness: Before Senator Lawlor speaks, there is a division in the Dáil and Deputies are obliged to go. I ask Senator Horkan to chair the remaining part of the meeting. I thank the witnesses. Since the judicial system and lawyers have been mentioned umpteen times, they are welcome to come to the committee to make a case for themselves if they wish.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

John McGuinness: Our guests might keep us informed about developments in respect of that cohort of staff. How many are involved?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

John McGuinness: Have the Senator another short question?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

John McGuinness: The Senator's own journey has ended now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

John McGuinness: I support what Deputy Michael McGrath has said about the staff and the numbers. I want to be sure that the number is 200. That figure was given earlier.

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