Dáil Éireann Debate, Thursday - 1 June 2017
94. Deputy Pearse Doherty asked the Minister for Education and Skills the expenses incurred by his Department relating to insurance of all types in each of the past five years; the cost of each insurance policy held by his Department over the same time period per annum; if he will provide the same data for all bodies under the aegis of his Department; and if he will make a statement on the matter. [26284/17]
Amharc ar fhreagraMy Department is guided in its consideration of the need for insurance by the stipulations of the Department of Public Expenditure and Reform's Public Financial Procedures guidance manual. Section C.8 (11 and 12) of the Public Financial Procedures offers guidance for all Government Department's in regard to their consideration of insurance risks and also offers general guidance that the Exchequer, in the main, carries its own insurance.
In the schools sector capitation funding is provided in respect of day to day running costs including insurance costs. The State Indemnity applies in the Community and Comprehensive School sector so these schools do not have a requirement to have their own insurance.
The National Treasury Management Agency is designated as the State Body which operates with a commercial remit to provide asset and liability management services to Government and is designated as the State Claims Agency when performing the claims and risk management functions delegated to it under the National Treasury Management Agency (Amendment) Act, 2000.
Agencies under the aegis of my Department, whether funded by grant aid, own resources, or other funding sources may avail of appropriate insurance cover via their funding mechanism. My Department does not gather data in regard to the insurance cover availed of by agencies under its aegis and the information sought is a matter for each individual agency concerned.
