Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
If an insurer believes that a claim is fraudulent, should it not report it to the Garda regardless? AXA has carried out its own internal investigation, it believes that the claim is fraudulent and it is willing to come before this committee and provide figures on what it suggests is the number of potential fraudulent claims. When we drill down, however, out of 5,000 claims per annum, AXA is only reporting eight. Eight is therefore the accurate figure for the number of claims AXA suspects to be fraudulent.
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