The Department of Finance and the Office of Public Works have met with the Irish Insurance Federation (IIF) during 2010 concerning the provision of insurance to householders and businesses in areas considered prone to flooding. Liaison with the IIF is ongoing and includes consideration of works carried out to date and the present national review of flood risk being undertaken as part of the Flood Risk Assessment and Management Programme.
To this end, OPW will continue its liaison with the Irish Insurance Federation in 2011 and will endeavour to assist in any practical way with keeping the IIF fully informed as to its various programmes of flood alleviation.
It is the position of the Department of Finance that the flood defence works undertaken by the OPW should always be considered and reflected in the provision and cost of flood insurance and the IIF has noted this point for consideration.