Motor Insurance Taskforce
The question
To ask the Secretary of State for Transport, which (a) consumer representatives and (b) regional insurers in Northern Ireland have been consulted by the Motor Insurance Taskforce.
Answered by Lilian Greenwood
The cross-Government Motor Insurance Taskforce remains a priority, with active policy development underway. Further details, including the Taskforce’s conclusions, will be set out in due course.
The Taskforce is comprised of Ministers from relevant government departments, the Financial Conduct Authority and the Competition and Markets Authority. It is supported by a separate stakeholder panel of industry experts representing the insurance, motor, and consumer sectors.
We continue to engage with interested parties, including consumer groups. A meeting of the stakeholder panel was held on 2 July.
We are also aware of the unique features of the motor insurance market in Northern Ireland. The Secretary of State met with the Northern Ireland Executive’s Minister for the Economy and officials from the Department for Infrastructure on 6 May, to hear their perspective on the market and relevant policy options. I met with the Minister of Finance and Minister for Infrastructure on 8 July to discuss motor insurance.
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