Dáil Éireann Debate, Tuesday - 24 July 2018
25. Deputy Michael McGrath asked the Taoiseach the cost of insurance under headings (details supplied) for his Department and each body under its aegis; the cost of the premium for 2018 or the premium paid in 2018 if the policy year straddles two calendar years; the comparable premium amount paid in 2017; the number of outstanding insurance claims against his Department or bodies under its aegis; and the estimated cost of those claims. [34006/18]
Amharc ar fhreagraMy Department and the National Economic and Social Development Office (NESDO) - the only body under my Department's aegis - operate under State indemnity; a self-insurance model whereby the State bears the financial risk associated with the cost of claims. The management of such claims is delegated to the State Claims Agency.The only separate insurance cover which NESDO held in the period in question was in relation to business travel insurance.
Following a procurement process with insurance brokers in 2017, NESDO took out travel insurance covering the period 1 April 2017 to 1 April 2018 at a cost of €485.90. The cost of the policy amounted to €364.42 in 2017 and €121.48 in 2018.
The Department of Public Expenditure and Reform have recently confirmed to NESDO that it is covered by a centrally procured travel insurance policy. NESDO, therefore, no longer incurs travel insurance costs.
There are no outstanding insurance claims against my Department or NESDO.
