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Insurance Industry Regulation

Dáil Éireann Debate, Thursday - 24 May 2018

Thursday, 24 May 2018

Ceisteanna (50, 51)

Michael McGrath

Ceist:

50. Deputy Michael McGrath asked the Minister for Finance the details of the information contained in the insurance link database; the body which owns the database; the procedure for a new insurance firm entering Ireland to gain access to the database; and if he will make a statement on the matter. [23045/18]

Amharc ar fhreagra

Michael McGrath

Ceist:

51. Deputy Michael McGrath asked the Minister for Finance the information contained in the integrated information data service database; the body which owns the database; the procedure for a new insurance firm entering Ireland to gain access to the database; and if he will make a statement on the matter. [23046/18]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 50 and 51 together.

The data services referenced by the Deputy are operated by Insurance Ireland, a representative trade body for the insurance sector.

As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation and therefore have no role in the operation of either data services referred to in the parliamentary questions. As a result, I am not in a position to provide the information being sought by the Deputy.

Detail of each of the data services is available on the website of Insurance Ireland which can be accessed at: http://www.insuranceireland.eu/member-services/shared-services .

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