Insurance Ireland broke EU competition rules
The European Commission has found in a preliminary judgement that the industry group delayed some insurers access to a key database
Insurance Ireland broke EU competition rules by delaying or “de facto” denying some insurers access to a key database of information, the European Commission has found in a preliminary judgement.
The Commission said the lack of access to the Insurance Link database had “the effect of placing companies at a competitive disadvantage on the Irish motor vehicle insurance market in comparison to companies that have access to the database”.
“This affects negatively costs, quality of ...