Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Sector: Discussion
Mr. Seán McGrath:
That probably happens with commercial business and definitely through business that is transacted through brokers. It depends on the type of business. It would not be in personal lines business. With a normal personal motor-household business probably only one in ten policyholders has a claim in any one year. The vast bulk of people will not have a claims history. It would bring a lot more administration into a system for no real benefit.
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