Varadkar and Donohoe weigh in to push insurance sector reform

A heavyweight government group has announced its plan to tackle fraud by placing perjury on a statutory footing, strengthening the PIAB and establishing a government office to encourage insurance market competition

13th December, 2020
Varadkar and Donohoe weigh in to push insurance sector reform
The government has given itself a nice head start with 10 of the 66 recommendations already completed by the time of the plan’s publication last week.

Leo Varadkar and a cadre of senior and junior ministers last week announced the government’s latest plan to reform the insurance sector.

The Action Plan for Insurance Reform is the latest iteration of the state’s proposed intervention in what is a stubbornly troublesome industry, after 2017’s Cost of Insurance Working Group (CIWG).

Like its predecessor, the new action plan is heavy on “actions” that will be undertaken to reform the...

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