Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Mr. Philip Bradley:
It is important that we offer value to our customers. In the case of motor insurance, the average renewal price that a customer is paying this month is 7% less than the customer was paying this time last year. When we see a small reduction in claims frequency we adjust our prices because it is a competitive marketplace with over 33 companies competing.
No comments