Oireachtas Joint and Select Committees

Thursday, 21 November 2019

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

Dual Pricing for Insurance: Discussion (Resumed)

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

That concludes our consideration of this matter today. I thank the Competition and Consumer Protection Commission, CCPC, and Insurance Ireland for assisting the committee. The committee will give further consideration to the differential pricing issue in due course. We look forward to the outcome of the commission's deliberations. I hope the message goes back to the members of Insurance Ireland that we need a proper functioning insurance industry. The industry is there to protect the consumer. The figures do not add up. We hope that the penny will eventually drop with the insurance industry that it must provide value for money and there is no perception or otherwise that it is fleecing customers.

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