My Department is self-insured under the State Claims Agency in the National Treasury Management Agency. The State Claims Agency has advised the Department that there were 56 open claims with an estimated potential liability of approximately €3.26m as at the end of the first quarter 2018.
The two agencies which come under the aegis of my Department, the Citizens Information Board and the Pensions Authority, are responsible for their own insurance.
Pensions Authority
The premiums paid by the Pension Authority in 2018 and the comparable 2017 figures are as follows:
|
Insurance Type
|
2018
|
2017
|
|
Public Liability
|
€1,664.04
|
€1,386.00
|
|
Employer Liability
|
€2,440.38
|
€2,033.65
|
|
Building Cover
|
€945.00
|
€945.00
|
|
Insurance Type
|
2018 / 2019
|
2017/2018
|
|
Other building insurance
|
€3,705.23
|
€3,794.46
|
|
Straddling two calendar years
|
(1/6/2018 – 31/05/2019)
|
(1/6/2017 – 31/05/ 2018)
|
The Pensions Authority has one outstanding claim but do not have an estimated cost on that claim.
Citizens Information Board:
|
Insurance Type
|
2017/2018
|
2016/2017
|
|
Blanket Engineering
|
€2,825
|
€2,825
|
|
Commercial Combined Insurance
|
€28,347
|
€36,772
|
|
Employment Practices Liability
|
€2,888
|
€2,625
|
|
Motor
|
€2,468
|
€2,993
|
|
Personal Accident Employees
|
€944
|
€899
|
|
Professional Indemnity
|
€11,605
|
€10,550
|
The CIB’s insurance renewals are on the 1st December each year. Information on outstanding claims in CIB is not readily available and we will revert separately to the Deputy with this information.
