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:
There are two approaches. We, in respect of pricing, examine different geographic areas in a detailed way. The second concerns fraud. We have to be careful about the definition of what we are calling fraud. We run sophisticated statistical analysis in the background on the 20% of exaggerated or suspicious claims to find those clusters and links connected with different families or areas. That is how we investigate that aspect.
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