Dáil Éireann Debate, Tuesday - 15 December 2020
203. Deputy Louise O'Reilly asked the Minister for Finance the options available to a person (details supplied) who cannot receive a response from an insurance company regarding an outstanding claim; and if he will make a statement on the matter. [43037/20]
View answerSetanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law.
Neither I nor the Department of Finance have any role in the process, including the making of applications to the High Court or payments. Regarding when the next payments will be made, the Deputy will note that in accordance with the relevant legislation, there are certain steps to be completed prior to any High Court application for payment from the Insurance Compensation Fund. These include the assessment and verification of each individual claim within the application by the State Claims Agency. I understand that over the past number of months due to the COVID-19 restrictions, there have been delays with these, including around Court access.
The State Claims Agency has confirmed to my Department that the next High Court application relating to Setanta Insurance claims will be made before the end of January 2021 and it is hoped that the payments can be made by early February.
Finally, queries in relation to an outstanding claim should be directed to the liquidator via phone at +353 (0)818 255 255 or via email at iesetanta@deloitte.ie.
