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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: We have not protected them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I appreciate that and welcome the taking of such action. We have failed Irish consumers across the board, while the Central Bank has failed to ensure the insurance industry acts honestly and fairly with its customers. That is the problem. People cannot see it when they get their premium. When they are charged, they try to get another quote and they see that dual pricing is at work. I need...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: It still takes money out of people's pockets in a very unfair and quite devious way, using algorithms and other methods to target particularly vulnerable customers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I understand that it is important to have the evidence but we all know where we are with the insurance industry, not least the people who have to pay all the time. How will companies that provide services in both the UK and Ireland be impacted if Britain introduces harsher regulations before we are ready to do so?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I wish to finish this point, just to get it clear in my head. Could an insurance company operate differently in Britain and in Ireland if it fell under harsher regulations there than here where dual pricing is concerned?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: Yes, but how will we ensure that we are not operating under more lenient rules than those that apply in the UK, given the fact that the British authorities are doing this piece of work?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I understand that. I was just wondering if there could be a situation in which the Central Bank was more lenient towards dual pricing than the authorities in Britain. What would happen then?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: As part of this work, will the Central Bank ensure that-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: ----- the learning from Britain is-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I understand that but it begs the question of why we pay so much more for insurance than people in other countries.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I know there are many issues there.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I know it is. Insurance is a lot cheaper there. Do the witnesses foresee this dual pricing situation expanding from the motor and home insurance sectors into the other areas of insurance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: People also do not have a choice about whether to have business insurance or many of the other types of policy. Many families feel they do not have a choice about whether to get health insurance because of the state of our health service.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Dual Pricing for Insurance: Discussion (12 Nov 2019)

Rose Conway Walsh: I know.

Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: Voting and Citizenship Rights of Citizens in Northern Ireland: Discussion (7 Nov 2019)

Rose Conway Walsh: I thank Professor Harvey for his presentation. I commend him on his report, The EU and Irish Unity - Planning and Preparing for Constitutional Change in Ireland. There has been some commentary around Queen's University. I would like reassurance from the Professor that all the ethical guidelines and frameworks were followed in the preparation of this report. It is very important to have...

Seanad: An tOrd Gnó - Order of Business (6 Nov 2019)

Rose Conway Walsh: I wish to pass on my condolences on the passing of Fr. Des Wilson to his family. I know he is a relative of our own Senator Wilson, and I am sure my colleague, Senator Ó Donnghaile, will talk further about him and the Springhill area of west Belfast, where he came from. He was 70 years in the priesthood and was obviously a peacemaker and a champion of the people. May his soul rest in...

Seanad: An tOrd Gnó - Order of Business (5 Nov 2019)

Rose Conway Walsh: I welcome Senator Hackett to the Seanad. I hope she has a fruitful and enjoyable time here, as did her predecessor, Grace O'Sullivan. We look forward to working with her. I, too, extend my condolences to Kathleen, Crona, Suzy, the wider Byrne family and the very many friends of Gay Byrne. Many tributes have been paid to Gay over the past 24 hours. His easy manner and unique tone of voice...

Seanad: An tOrd Gnó - Order of Business (5 Nov 2019)

Rose Conway Walsh: I acknowledge what the Leas-Chathaoirleach is saying. What I am trying to get across is Gay Byrne's style of interviewing people, the way he dealt with issues-----

Seanad: An tOrd Gnó - Order of Business (5 Nov 2019)

Rose Conway Walsh: -----and the way in which he made people feel at ease when interviewing them.

Seanad: An tOrd Gnó - Order of Business (5 Nov 2019)

Rose Conway Walsh: He played a very significant part at a very important time in this country, a time of transition in many areas. He will be missed by his family in the main. I extend my condolences to it. May his soul rest in peace.

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