Calls for urgent and radical reform to strengthen the Board’s role

The Alliance for Insurance Reform today met Minister of State Robert Troy, the Minister whose delegated responsibilities include the Personal Injuries Assessment Board (PIAB); and expressed its alarm at the publication of data by the Central Bank which shows the percentage of motor insurance personal injury claims settled by PIAB has fallen to only 14%.

Commenting prior to the meeting, Eoin McCambridge, managing director of McCambridge’s of Galway and director of the Alliance said “When PIAB was launched in 2004, it had a profound and immediate impact on insurance costs as was intended. But it has been undermined since then to the extent that far more cases now go to litigation, with no benefit for plaintiffs but enormous fees for solicitors and barristers.”

Peter Boland, director of the Alliance said “If urgent and radical reform of PIAB is not carried out, it will be irrelevant within a decade and we will be back to a situation where the compensation of people injured due to the negligence of others will be a process managed and controlled by the legal profession, for the benefit of the legal profession, with dire consequences for the cost and availability of insurance cover in Ireland.  It is up to the Minister to address this issue now and we call on him to publish detailed reform proposals and most importantly, to follow through on those proposals, as a matter of extreme urgency.”


NOTE: The 14% figure quoted in this release comes from Figure 13, on page 28 of the Private Motor Insurance Report 2 National Claims Information Database published on Tuesday 3rd November.

ATTACHMENT: PIAB_screenshot1.jpg image from today’s meeting. Those pictured include (L to R and top to bottom):

Peter Boland, Alliance for Insurance Reform

Robert Troy, Minister of State with responsibility for Trade Promotion at the Department of Enterprise, Trade and Employment

Adrian Cummins, Restaurant Association of Ireland

Anne Barrett, Department of Enterprise, Trade and Employment

Duncan Graham, Retail Excellence

Brendan Kenny, Ireland’s Association for Adventure Tourism

Colin Croffy, Association of Irish Festival Events

Con Quill, Irish Caravan and Camping Council

Pat Dawson, Irish Travel Agents Association

Gerry Monks, Convenience Stores and Newsagents Association

Ivan Cooper, The Wheel

John McGrane, Family Business Network Ireland

Neil McDonnell, ISME

Padraig Cribben, Vintners Federation of Ireland

Tadhg Daly, Nursing Homes Ireland

Tara Buckley, RGDATA

Tracy Sheridan, Play Activity and Leisure Ireland

Una May, Sport Ireland

Vincent Jennings, Convenience Stores and Newsagents Association