Ciarán Cannon (Galway East, Fine Gael) | Oireachtas source

Again, I thank Senator Reilly for raising this very important issue. I agree wholeheartedly with him. The rising cost of insurance is becoming a serious impediment to the survival of SMEs in some cases, and to the expansion of SMEs in others, and it needs to be treated with a great degree of urgency. I assure the Senator that the Minister of State, Deputy D'Arcy, believes the implementation of the recommendations of both the motor and employer public liability reports cumulatively can achieve the objectives of delivering those fairer premiums and delivering a more stable and, ultimately, a more competitive insurance market. The views and concerns of the Senator will be passed on directly to the Minister of State, Deputy D'Arcy.