Members of the Westmeath business community, including business leaders, employers, employees and other key stakeholders will have the opportunity to seek advice on and learn how to win public contracts and discuss the rising cost of business insurance at a special information evening organised by local Fianna Fáil TD Robert Troy on Wednesday 8th January in the Annebrook House Hotel at 8pm.
The public meeting will hear from Peter Boland, Director of the Alliance for Insurance Reform and Chairman of Irish SME Association (ISME) Ross McCarthy who is also Managing Director of Keystone Procurement.
Speaking ahead of the meeting Deputy Troy said, “This is a great opportunity for business people in the Mullingar area to learn about public procurement from industry leaders and to discuss the unacceptable and unreasonable insurance costs which businesses are facing.
“On a weekly basis we are now hearing from businesses who are having to close their doors or significantly scale back their offering due to prohibitive insurance costs. We know that insurance companies’ profits have increased significantly in the past decade and that premiums have also risen by 42% yet the cost of claims has actually fallen by 2.5% overall. Insurance companies are crippling businesses while the Government stands idly by.
“I am urging all those with questions, ideas, opinions and solutions to come along on the night and to use this opportunity to discuss some of the many challenges businesses are facing in 2020,” he concluded.