13 Sep 2016, 17:13
13 September 2016
The Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach will tomorrow meet with representatives of the Injuries Board and the Society of Actuaries in Ireland to resume their hearings on the rising cost of motor insurance in Ireland.
Representing the Injuries Board are Mr. Conor O’Brien, Chief Executive Officer, Mr. Stephen Watkins, Secretary to the Board, and Mr. Maurice Priestley, Director of Operations. Representing the Society of Actuaries in Ireland are Mr. Gary Dunne, Chair of the General Insurance Committee, and Mr. Ronan Mulligan, Vice-Chair of the General Insurance Committee.
The meeting will commence at 11.00 am in Committee Room 3 tomorrow, Wednesday, 14 September 2016.
Committee Chairman John McGuinness TD, said “Given that the remit of the Injuries Board is to assess compensation claims for those that have been in an accident and suffered an injury, the Committee very much look forward to this meeting where we can specifically address possible links between compensation payments and rising motor insurance premiums.”
“Our considerations will then continue with the Society of Actuaries in Ireland – the body representing an integral constituent in the insurance industry. We look forward to hearing the expert opinion of Mr. Dunne and Mr. Mulligan in this regard, where we can further explore the reasons behind rising costs and the solutions that may exist.”
Committee proceedings can be viewed live here.
The meeting will be broadcast live on Oireachtas TV; Saorview Channel 22; Virgin Media Channel 207; Sky Channel 574; eir Vision Channel 504 and Vodafone Channel 201.
Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.
Ends