Europe asks for public feedback on Irish car insurance sector's data sharing commitments

The EU has taken a preliminary view that Insurance Ireland had breached EU antitrust rules by restricting competition

The EU said the actions reduced the possibility of more competitive prices and choice of suppliers for consumers seeking motor insurance.

The European Commission is inviting public comment on commitments offered by Irish insurance companies to address concerns that they restricted competition in the motor insurance market.

The Commission opened a formal investigation into the conduct of Insurance Ireland, the association that covers 90% of the Irish motor vehicle insurance market. The Commission took issue with certain conditions of access to the Insurance Link platform, a data-sharing system, which Insurance Ireland administers.