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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: I was going to read it into the record, but I might prepare it in a letter for the Chairman. Will I circulate it after the meeting?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: We were finalising it last night.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: It is a demonstration that the work has begun, which is important, and people need to see it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: CSO figures before the end of the year showed a decrease, but it was only a one-off set of figures and not enough to establish a trend. All I have heard are anecdotes that prices are increasing and decreasing. I have requested more detailed information on what trends are being established. It is important as we do our work that we monitor the trends. We all need to be alive to this. I do...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: The first recommendation speaks to the insurers and sets out the reasons for the large premium increases, and the idea is that we will develop a protocol by the second quarter of this year. If necessary, we will put in place legislation to underpin this. Insurance Ireland has informed the Department of Finance that an implementation committee nominated by the insurance company CEOs has been...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: As per the action plan, the protocol is to be developed in the second quarter of 2017. It will depend on when the customer's premium is renewed as to when he or she will receive the breakdown. It will be rolling, depending on the consumers' renewal dates. It is the first action point under the first recommendation and is for the second quarter of this year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: I thank the Senator. Improving the availability of data has been a key challenge for a number of years. We have really tried to get our hands on them since last year. I will speak directly to the points we have set out in the action plan. I refer to objective No. 2. We have decided that it will take a little time to establish a national claims information database and have three action...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: I had a detailed conversation with Insurance Ireland about this issue and then with individual companies. One of the points I put to every company was concerned how they treated returning emigrants. There were different policies. A number of insurance companies did not have a problem with providing insurance if someone was coming from a former Commonwealth country in which people drove on...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: That would be very helpful because, from my perspective, there was no point in us doing all this work and putting in place a timeline with action points if people would not actually hold us to them. We will have quarterly reports, but I will also make myself available if the Senator ever wants to come and receive an update on where exactly we stand, or if something appears in the media about...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: That is the deadline for transposition of the insurance distribution directive. As I said, the timelines are deadlines. We are not trying to hit them, rather I am trying to have everything done earlier, if I can.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: We are preparing the-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: I will address the Senator's last point first. It is very difficult to quantify the numbers of uninsured drivers. Last year there was a report which showed an increase in the level of uninsured driving. There are different ways to calculate it. One might be to look at the numbers of vehicles that are taxed and insured and try to find a space between them, but that would not be a very...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: That is exactly right; sometimes people will get through the net. When there is an accident and the driver drives off, the information will go to the Motor Insurers Bureau of Ireland, MIBI, which would be responsible for making a payout in such a case. It might be logged as potentially involving an uninsured driver. He or she might have had insurance but for whatever reason did not want to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: An Garda Síochána already has the technology in a number of vehicles-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: That is it. Exactly. We are-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: -----focusing on the database. In the third quarter of this year, we are going to go live with the first phase, which relates to privately owned vehicles. Phase-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: Yes. They exclude fleet vehicles. The problems with fleet vehicles are that there could be multiple drivers and that the vehicle that has been insured on a given day or week might change. Therefore, it is a bit more complicated. That is phase two. That is for quarter three of 2018 because it is a more complex piece of work.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: Yes. There are other problems in the fleet area as well, as the Senator is probably aware of. There are a couple of things that are being worked on there. Our priority, which we think is more important, is the privately owned vehicles. That will be in the third quarter of this year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: My understanding is that those averaging speed cameras are coming into the port tunnel quite shortly. Those types of operational issues for the Garda Síochána did not and do not come under my remit. We did have contact with the Garda Síochána through the representatives from the Department of Justice and Equality on the committee. There are representatives from the...