Results 361-380 of 13,953 for speaker:Marc MacSharry

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?

Covid-19: New Measures: Statements (24 Nov 2021)

Marc MacSharry: I encourage anybody listening who is not vaccinated to get the vaccine and to get their booster as soon as it is available to them. That said, and everybody knows me here so it is not personal, there are a couple of things to say. Either Israel is reckless or NIAC is too slow. We are going the scenic route to things. I was vaccinated in May as I had an underlying condition. We knew when...

Covid-19: New Measures: Statements (24 Nov 2021)

Marc MacSharry: Am I there?

Covid-19: New Measures: Statements (24 Nov 2021)

Marc MacSharry: How much time did you give me?

Covid-19: New Measures: Statements (24 Nov 2021)

Marc MacSharry: Two whole minutes.

Covid-19: New Measures: Statements (24 Nov 2021)

Marc MacSharry: Okay. Thank you for the two minutes.

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 for facilitating me in this meeting. I welcome the Minister, the Minister of State and the Secretary General, Ms Licken, whom have I have not seen in a long time. I always knew she would hit the top. Well done. I will first address the Minister of State, Deputy Chambers. The social return on investment in sport infrastructure was alluded to briefly by Senator...

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: The Minister of State has agreed with everything I said. When will he meet the banks?

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 do not want to be telling the Minister of State his business but I respectfully suggest he would invite in the CEOs of the Government pillar banks and representatives of the credit union movement. Unfortunately, the Central Bank seems to have a basic aversion to allowing the credit unions to do anything with their €20 billion other than hide it under the bed. All that money is...

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 know and that is a major issue. I knew the answer to that question. We have 38 people, who are not qualified to do so, deciding on the safety or otherwise and the implications of working in the hospitality environment. If the Minister reads the Health Protection Surveillance Centre's weekly reports, as I do and as I am sure her officials do, she will be aware there are outbreaks of...

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.