Government approves draft bill for establishment of motor insurance claims database

A national database detailing how much car insurers are paying out in claims has moved a step closer.

Government approves draft bill for establishment of motor insurance claims database

A national database detailing how much car insurers are paying out in claims has moved a step closer.

The government has approved the drafting of a bill which would empower the Central Bank to collect data on payouts.

The setting up of the National Claims Information Database is ultimately aimed at driving down the cost of cover.

CEO of Insurance Ireland Kevin Thompson says it is something the industry has been calling for, for some time.

"It will centralise and regularise the reporting of insurance claims in the marketplace which ultimately will go to help policy-makers make more informed decisions and to tackle the cost of claims which is a defining issue at the moment in the marketplace," said Mr Thompson.

Digital desk

more courts articles

Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van
Man in court over alleged false imprisonment of woman Man in court over alleged false imprisonment of woman

More in this section

Record level of children and adults in emergency accommodation Record level of children and adults in emergency accommodation
Pile or group of multi colored and different sizes of colourful foil wrapped chocolate easter eggs in pink, blue, and gold. Larg Young sisters donate hundreds of Easter eggs to children's hospital
Ireland has third highest level of deaths on rural roads in EU  Ireland has third highest level of deaths on rural roads in EU 
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited