Public Consultation on a new Action Plan for Insurance Reform

The Department of Finance invites interested parties to submit their views as part of the public consultation on the development of a new Action Plan for Insurance Reform (2025-2029).

The 2020 Action Plan for Insurance Reform delivered significant progress in stabilising the insurance market, improving competition, and addressing key regulatory challenges. However, issues remain, and the Government is committed to further reforms that will ensure fairer pricing, enhanced competition, and a more sustainable insurance market for consumers, businesses, and insurers. The insights gained from this consultation will be crucial in shaping the next Action Plan for Insurance Reform, ensuring it is informed by those who interact with the insurance sector directly.

All information relating to the public consultation is available on the Department of Finance public consultation portal: https://consult.finance.gov.ie/en

Consultation Period

The consultation period will run for 3 weeks until 19 May 2025. Submissions received after this deadline may not be considered.

How to Respond

If you wish to respond to this consultation, submissions can be made through the Department of Finance consultation portal: https://consult.finance.gov.ie/en

Submissions may also be sent by post to:

Insurance Unit,

Financial Services Division,

Department of Finance,

Government Buildings,

D02 R583.

If responding by post, please complete the Annex (About You section) available on the consultation portal giving your name, email address and whether you are responding in a personal capacity or as a representative of a member of an organisation/group. Submit a printed copy of this Annex along with your response to the consultation.

Freedom of Information

Responses to this consultation are subject to the provisions of the Freedom of Information Act 2014. Parties should also note that responses to the consultation may be published on the Department’s website. Parties should clearly indicate where their responses contain personal information, commercially sensitive information or confidential information which they would not wish to be released under FOI or published.