Clare Daly
Question:1731. Deputy Clare Daly asked the Minister for Transport, Tourism and Sport the legality of the Irish car insurance industry's refusal to recognise no claims years established in other jurisdictions. [34650/14]
View answerWednesday, 17 September 2014
Questions (1731)
Written answers
The Irish Financial Services Regulatory Authority (IFSRA), under the aegis of the Minister for Finance, regulates and supervises insurance undertakings.
Motor insurance is provided as a private contract between the supplier and the customer. Any terms and conditions of motor insurance policies, including the application of no claims bonuses, are a contractual matter between the person insured and the insurer and are not matters in which I would have any direct involvement or responsibility.
My Department's role with regard to motor insurance is confined to the enactment of policy relating to the relevant Road Traffic Acts.