Insurance Matters

The cost of insurance continues to have a negative input on our sector.  It is possible to make an argument that it continues to act as a significant barrier to recovery post Covid and will hamper us until materially resolved.  This needs to be done as a matter of urgency.

-We Need-

  1. Changes to the Duty of Care in the Occupier Liability Act
  2. Enactment and commencement of the Personal Injuries Resolution Board Bill 2022
  3. Rapid consolidation of the Judicial Guidelines in the courts and transparency as to awards in cases where the guidelines apply.
  4. An acceleration of the work of the Insurance Competition Office at the Department of Finance to ensure the urgent entry of more underwriters into the Irish Liability Insurance market.