Consultation on enhancing PIAB launched
Minister Robert Troy launches public consultation
Minister Robert Troy T.D. has today launched a public consultation seeking views on how to enhance and reform the Personal Injuries Assessment Board (PIAB).
PIAB is a strong supporter of measures that could improve and enhance the operation of its service, and it notes the launch of the public consultation and encourages its stakeholders and customers to participate in it. The link to the public consultation document is here.
The public consultation is in line with the Action Plan for Insurance Reform, and seeks observations from the public and interested parties on the role of PIAB and the operation of the PIAB Acts 2003-2019.
Opening the consultation, Minister Troy said: “I am committed to delivering real reform of the PIAB model that helps reduce the cost of litigation and ultimately premiums. I would ask all interested parties to consider the issues highlighted in this public consultation and to submit their views and proposals on how to incentivise use of the PIAB model. Given the high cost of insurance is an issue that has an impact on the economy and society, I also encourage responses from members of the public to have their say on the proposed reform of PIAB.”
PIAB welcomed the Action Plan on its launch and the organisation strongly supports measures that could improve and enhance the operation of the PIAB model, thereby bringing benefits to everyone impacted by insurance costs.