Seanad debates

Wednesday, 5 November 2003

Insurance Industry Reform: Motion.

 

The Personal Injuries Assessment Board will process uncontested claims and make awards as appropriate. In the first instance, it will deal with employer liability claims with an extension as soon as possible to public liability and motor. Large numbers of claims will be kept out of the courts system altogether. This will make for a much faster and more efficient system which will cut the cost of delivering compensation to the benefit of all consumers. A book of quantum is being prepared that will assist in the assessment of awards. Work is continuing on the logistics for the operation of the board. A chief executive officer will be appointed in the next few weeks and interviews will be held over the next ten days or so. Premises are being procured. The request for tender for the main IT systems required to support PIAB has been drawn up and published in the Official Journal of the European Union.

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