The ISACS network is calling on all its members to get behind the Alliance for Insurance Reform and join the campaign for change.

What do we want? Insurance Reform!                                           When do we want it? NOW!

What can be done to help

As part of this action, ISACS is urging all its members to reach out to any or all of their local TD’s using the below templates ( to adapted and personalised as appropriate) to ask them to keep insurance reform on their agenda and to take action regarding increasing liability premiums.

Background Information

On the first anniversary of Judicial Guidelines, insurance costs continue to climb. The Alliance for Insurance Reform has marked the anniversary by publishing the results of a major new survey showing that:

  • 42% of organisations say that insurance premiums are threatening their future
  • 90% say Government is not doing enough to address the issue of insurance costs
  • In addition, an ongoing survey of insurance premium renewals confirms that liability premiums continue to increase by 16%.

Peter Boland, Director of the Alliance said “Personal injury damages are by far the biggest component of the cost of insurance and the Judicial Guidelines implemented on 24th April 2021 introduced significant reductions in the level of damages for minor injuries. So it is worth reflecting on the impact of those reductions one year on:

“While they are having an impact on motor premiums, they are clearly not having an impact on the liability premiums paid by businesses, voluntary and community groups, sports and cultural organisations and charities. Our ongoing research shows liability insurance renewals trending at +16% and the research we carried out over the last 3 weeks shows that 73% of organisations have also had additional excesses or exclusions imposed on their policies since 2019. Insurers are simply not passing on the benefits of recent reforms to liability insurance policyholders. Equally, other reforms that would impact on liability premiums are not happening fast enough.”

Eoin McCambridge, Managing Director of McCambridge’s of Galway and Director of the Alliance said:

“As a result of the continuing spiral in liability premiums, 90% in our survey say that Government is not doing enough to address the issue of insurance costs. To restore policyholder faith in the process, Government must do everything in their power to make sure incumbent insurers pass on the benefits of reforms. They must move quicker on getting additional competition into the market. They must speed up promised reforms. In particular, they must now deliver very quickly on the delayed rebalancing of the duty of care and the delayed reform of PIAB. Ultimately they must get liability insurance premiums down to affordable levels with reforms that keep them that way.”

In terms of the key reforms required to address insurance costs, the following is an update:

  • The implementation of the Judicial Guidelines on 24th April 2021 has seen the value of assessments by the Personal Injuries Assessment Board tumble by 42% compared to those using the old Book of Quantum. However, the acceptance rate of these assessments has reduced from 50% to 37% as more claimants move to litigation. So the attitude of insurers who settle the vast majority of litigated liability claims before they get to court, and the approach of the judiciary once such claims finally get to court, will be extremely influential on the success or otherwise of the Guidelines. We do not have any data on settlements via either of these channels and are unlikely to have any until the publication of the Central Bank’s next NCID Private Motor Insurance Report in October.

Additionally, the Judicial Guidelines have been hit by multiple constitutional challenges as lawyers attempt to derail them and we await the judgement on the first lead challenge from the High Court, possibly in June.

  • Rebalancing duty of care obligations, which often places an unfair, absolute responsibility on occupiers while exempting claimants of any responsibility for their own safety, was committed to in the Cabinet Sub-Group on Insurance Reform Action Plan of December 2020. A deadline of June 2021 was put in place for “proposals to Government to implement any changes deemed necessary”. However, these proposals have still not been submitted to Government.
  • Legislation to reform PIAB is moving slowly through pre-legislative scrutiny. While the Alliance welcomes much of the content of the draft legislation, an “enhanced role” for PIAB was scheduled for June 2021 by the Cabinet Sub-Group on Insurance Reform so this initiative is now well behind schedule.
  • An office within Government to encourage greater competition in the insurance market was established in December 2020 but has still not announced any additional market entries.