Oireachtas Joint and Select Committees
Wednesday, 19 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion
Mr. Anthony Brennan:
I will answer that. Most brokers would not add a profit margin to a quote. They get the quote from us and then they add certain fees they charge their customers for doing certain things. It is an actual fee and they would disclose it to the customer. They would not normally add a profit margin to the premiums we send to them.
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