Oireachtas Joint and Select Committees
Wednesday, 15 December 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Insurance Issues: Engagement with Insurance Companies
Mr. Aidan Connaughton:
No, we do not engage in a dual pricing strategy. We do have time-based discounts for new business. For example, if the Deputy were to purchase a policy online there would be a 10% discount but that is based on the ability to deliver that at a more efficient rate. We do not price based on propensity to renew.