98. Deputy Tony McCormack asked the Minister for Finance for an update on the programme for Government commitments on insurance reform under the remit of his Department; and if he will make a statement on the matter. [38994/25]

Sentiment score: 0.05

I ask for an update on the programme for Government commitments on insurance reform under the remit of the Department of Finance.

Sentiment score: 0.13

I thank the Minister of State for the update. I was speaking with business owners whose premiums have gone up exponentially over the last four years, even without any claims. It is hard for them to see the impact of the reforms on the ground. Could the Minister of State outline how his Department is working to make sure reforms generally bring premiums back to sustainable levels for businesses like that?

Sentiment score: 0.21

I appreciate the Minister of State's answer. One business owner even told me he is considering not paying insurance at all. Smaller businesses like landscape gardeners, plumbers and electricians are in the same position. This is all because they want to keep the doors open. That is how desperate some SMEs feel. How can we reassure these small employers that there is a plan to make insurance both fair and accessible so they are not forced to consider such risks?

Sentiment score: 0.19