Brian Hanley: Government must stay the course on insurance reform

Potential adverse impact to injuries board is of most concern

'We need to safeguard the vital role played by the Injuries Resolution Board in resolving claims.'

In the past few years, spearheaded by the Cabinet subgroup on insurance reform, we have seen the introduction of a range of important initiatives intended to create a fairer, more stable insurance landscape, and one where spiralling premiums in public, employer, and motor liability were brought under control.

In motor insurance, we have now seen 14 successive months of premium increases. This is largely attributable to inflation and regrettable after five years of premium reductions (totalling circa 23%).