Categories: Press Releases, Reform

by Brian Hanley

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PRESS RELEASE
9 th April 2024
FOR IMMEDIATE RELEASE

The Alliance for Insurance Reform calls on insurers to immediately deliver substantial and sustained reductions in insurance premiums on the back of today’s Supreme Court decision. Speaking about the Supreme Court decision handed down today in Delaney v the Personal Injuries Assessment Board (PIAB) & Ors, the Chair of the Alliance for Insurance Reform, Padraig Cribben said “the decision of the Supreme Court today affirming the constitutionality of the Judicial Guidelines is welcome news for everyone affected by high insurance premiums. The Guidelines are integral to the Government’s plan to deliver cheaper
insurance for all citizens, businesses, sporting organisations and the community and voluntary sector.

“Insurers have said that the uncertainty caused by the Delaney case has been a big factor in limiting their ability to reduce premiums based on the new Guidelines. Today’s decision dispels this uncertainty and must lead immediately to substantial and sustained reductions in insurance premiums across all sectors of society.” “Today’s decision also brings predictability for injured parties and their legal advisors which will reduce the necessity for expensive litigation.”

—ENDS—

FOR FURTHER INFORMATION CONTACT: contact@insurancereform.ie or Alliance CEO, Brian Hanley at 086 8620 974.

Notes:
1. The Alliance for Insurance Reform brings together 46 civic and business organisations from across Ireland, representing over 55,000 members, 700,000 employees, 614,000 volunteers and 374,000 students in highlighting the negative impact of persistently high premiums and calling for real reforms that will quickly reduce liability and motor insurance premiums to affordable levels and keep them that way.