Results 13,421-13,440 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: Perhaps Mr. Kemp would revert back to the committee with an explanation in that regard.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: Perhaps also Mr. Kemp would ask the federation's members to review that practice, in particular given the economic circumstances of the country and in light of enactment of the insolvency legislation in the coming months. I would like now to revert to the substantive issue of geocoding. Yesterday a businessman in Douglas was informed that owing to recent flooding in the area, he would not...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: I must call Deputy Corcoran Kennedy.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: I will call Deputy Humphreys again.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: I will read it to you.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: I will read it to you.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: Excuse me, I will read it to you. I want to deal with geocoding and then I will open up the discussion. If I go onto the website of any insurance company I will see eligibility conditions laid out. These conditions all indicate that every company uses geocoding. So that we can move on and broaden the discussion and allow other members to speak, I ask the witnesses to tell me how a person...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: Perhaps as an outcome of today's deliberations, the Irish Insurance Federation should make recommendations to its members on how its customers can deal with geocoding.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: You do. The European report, in which the Irish Insurance Federation took part and which was published last week, examines Europe in geocoding terms, whether for earthquakes, floods or subsidence. The Irish Insurance Federation is a part of this report and geocoding is a methodology used in it. I will put the question to the witnesses. Does the Irish Insurance Federation need to examine...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: We certainly are not.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: I will conclude on this point because the witnesses have not answered it. Whatever its members are telling the Irish Insurance Federation I can tell the witnesses their customers are telling us they are stuck with geocoding and cannot get out of it. I strongly urge the witnesses to take on board this issue. Businesses will close down because of geocoding and houses cannot be sold because...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: These are residential households.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: This needs to be summarised and nailed down. The witnesses are saying 98% of people are getting flood insurance. The EU report indicated that Ireland is one of the safest countries for the insurance business and that we present a far lower risk than any other country in Europe. Therefore, the insurance industry here should be performing at a high level. However, if the model it pursues is...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: The witnesses represent the federation that should be setting the guidelines. What do they say to those companies?

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: Why join the federation if it is not applying some code of conduct? Is Mr. Horan saying that the Irish Insurance Federation does not give guidelines or a code of practice to its members with regard to what should be good practice for their customers?

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: Does the federation give guidelines to its members or do its members have a code of good practice drafted by the federation? Is there a code of practice in the insurance industry?

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: The consumer protection code is prepared by the National Consumer Agency. Does the Irish Insurance Federation have a code of good practice for its members?

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: I am asking about a code of good practice. It is possible to have codes of practice indicating how to minimise costs, pay out on premiums and so forth. Does the Irish Insurance Federation have a code of good practice for its members?

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: They go to the regulator.

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Difficulties in Obtaining Home Insurance: Discussion with Irish Insurance Federation (25 Sep 2012)

Ciarán Lynch: It goes to the regulator.