Oireachtas Joint and Select Committees

Tuesday, 12 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Dual Pricing for Insurance: Discussion

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

We are in a position where there is wholesale exploitation of customers in the insurance industry. We cannot sit here and say customers are being protected and that we have a hold on the problem. It really does not give me confidence. Deputy Pearse Doherty has all of the examples. I tried to get a quote and believe the insurance industry is even catching on to this. I cannot obtain a quote without giving the postcode. There is ongoing manipulation. In designing terms of reference the Central Bank needs to have an awareness of what is going on.

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