Neale Richmond

Action to make insurance companies pass on the savings delivered by Government insurance reforms to lower premiums for Employer and Public Liability insurance for independent shops.

To exchange information and learn more about policy goals.

There were two specific results being advocated for: 1. To exclude credit unions from requirement to comply with requirements of the Digital Operational Resilience Act (DORA) under Article 2(3) commencement of 17th Jan ’25. 2. To include a sunset clause in the Statutory…

To inform and highlight progress and impact of credit unions in communities

Recalibrate general damages guidelines to reflect international norms. Urgent delivery of reductions in insurance costs by incumbent insurers on back of reforms. The urgent sourcing of additional underwriting cover including cover for sectors unable to source affordable…

That DORA be implemented and that credit unions do not become outliers in an existing significant threat and risk landscape.

To inform discussion of insurance issues within government, raising issues with legislation, providing details on the Irish Motor Insurance Database project, market research and ongoing consultations

An amendment to Stabilisation Mechanism, S65 Part 4 CUCORA 2012 to support both standalone and TOE options for credit unions. That Government avail of the derogation in DORA as one of the entities that are listed in Article 2(5), points (4) to (23) however derogation to last…

Introduction of PGIM Ireland and overview of PGIM's global/ Irish footprint. Help inform inform policy discussions to encourage efficient capital markets in Europe and enable PGIM to better serve its investors.

The meeting was requested by Minister of State Neale Richmond to introduce himself to Zurich Ireland and to obtain information on matters of interest to the Minister and his Department relating to insurance and the insurance industry in Ireland. Zurich Ireland agreed to this…

To secure a political representative at our Annual General Meeting 27th and 28th of April 2024

To explain areas of concern (minimum competency code and stabilisation fund) and highlight restrictive nature of regulatory policies which are impacting credit unions ability to lend to consumers and businesses

Recalibrate general damages guidelines to reflect international norms. Urgent delivery of reductions in insurance costs by incumbent insurers on back of reforms. The urgent sourcing of additional underwriting cover including cover for sectors unable to source affordable…

To raise awareness of macro economic issues and pension policy affecting the insurance industry.

Introduction of Confirmation of Payee by payment intermediaries