Seanad debates

Wednesday, 5 November 2003

Insurance Industry Reform: Motion.

 

10:30 am

Photo of Terry LeydenTerry Leyden (Fianna Fail)

I looked after foreign trade, An Bord Tráchtála, the Irish Trade Board, and everything else. That was enough responsibility at the time. The former Minister, Mr. O'Malley, was extremely interested in the insurance industry. The Tánaiste has made it her political priority in Government to ensure that change is instituted in this sector. I hope she will achieve the desired results in this work, for which she has our full support.

The public views this as a most serious issue. Fraudulent claims are being tackled and a major change is evident. The Tánaiste is responsible for this as she put it at the top of her agenda. I believe she will be successful in her endeavours in this regard and I ask her to ensure that the legislation is brought before the House as quickly as possible. I think I can assure her of the support of this and all sides of the House in bringing it forward as quickly as possible.

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