Cost of Business Forum

CSNA CEO Vincent Jennings was present at the second of a series of in-depth investigations into the Costs of Doing Business in Ireland at which every relevant Department and service provider is present, in addition to representatives of the Retail and wider business industry.

Chaired by Kevin Duffy ( ex Labour Court Chair), this session was devoted to Insurance and the effect that the rising cost of acquiring cover has on businesses viability and profitability. Criticism of the absence of anyone from either the Bar Council or the Law Society was made given the accepted fact, backed up by practically all of us that made written submissions, that legal costs continue to be a very real problem in Awards made by the Courts or covered in settlements. The idea of giving the Injuries Resolution Board a status similar to that of the WRC or Residential Tenacies Board received a good deal of favourable response if it were able to be THE point of contact for all personal injury cases below a certain level, with the High Court being reserved for instances of significant injuries.

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