In August I requested that the Competition and Consumer Protection Commission (CCPC) undertake a study into how the public liability insurance market operates, and, in particular how competition works in the market and whether any practice or method of competition affects the pricing levels within that market. This request was made under with Section 10 of the Competition and Consumer Protection Act 2014.
I requested the CCPC to undertake this study as I have concerns about the increased cost of public liability insurance on business, which has the potential to pose a systemic threat to the very existence of many businesses.
Should the Deputy have any information on anti-competitive practices occurring in the sector, I would suggest that he contact the CCPC directly – publicliability@ccpc.ie.