Insurance Reform is a major area of focus for the ISACS network currently due to the unprecedented hikes which has seen some of our organisations receive raises of over 5 times previous years insurance costs with no claims history in the last 5 years.
ISACS Network has joined forces with the Alliance for Insurance Reform and are working hard together with them to advocate for change. We have completed a survey on Insurance claims from the ISACS membership which indicate that in the last 5 years there have been two minor claims made and one is still outstanding.
We have been in constant contact with Minister Michael D’Arcy at the Department of Finance and the Department of Public Expenditure and Reform with special responsibility for Financial Services and Insurance reform and he has sent us the following two letters in April here and July here, in response to our queries outlining the measures that his department is taking to bring in Insurance reform now.
You can also download all the reports from this department here.
We also have highlighted this issue to the Minister for Arts – Josepha Madigan and you may want to read her answer. In addition, this issue has been brought to the attention of the full board and executive of the Arts Council as a particular threat to the infrastructure of our community