Linda Nelson Murray (Fine Gael) | Oireachtas source

The Department of Finance is inviting people to submit their views on the development of a new action plan for insurance reform. In case people do not know, this is very important. This consultation aims to give and gathers feedback from stakeholders to shape the next phase of insurance reform.The Action Plan for Insurance Reform 2020 delivered good progress in stabilising the insurance market, improving competition and addressing key regulatory issues. However, many issues remain. We see it every day when young people try to get car insurance, and when older people, businesses and festivals seek insurance. The Government is committed to further reforms that will ensure fairer pricing, enhance competition and provide a more sustainable insurance market for consumers, businesses and insurers alike. We will not get to do all that unless people submit what it is they want. I have spoken in the House about the importance of insurance reform and that the programme for Government keeps on track, ensuring insurance can be secured by businesses, community groups, sports clubs, cafés, restaurants, festivals and even thatched houses, which were mentioned here a few weeks ago by a Senator colleague.

Over the past few years we have witnessed an excellent programme of insurance reform. If we want to see this continue, I urge people to submit their feedback and outline what they would like to see happen because the closing date is next Monday.