Review of Differential Pricing in the Home and Motor Insurance Markets – CBI Final Report and Public Consultation

Wed Aug 11 2021

The CBI has published its final report on differential pricing in the home and motor insurance markets. Brokers Ireland had, in written submissions and in a meeting with the CBI’s Director of Consumer Protection, Grainne McEvoy, strongly urged the CBI to include an examination of price differentials between direct and broker channels within the ambit of its report.

The CBI proposes:

  • a ban on price walking (for second and subsequent renewals) for personal consumers in the home and motor insurance markets
  • to require providers of motor and home insurance to personal consumers to review their pricing policies and processes annually
  • to introduce new consumer consent and disclosure requirements to ensure the automatic renewal process is more transparent for all personal non-life insurance products

The CBI proposes to apply the proposals in respect of automatic renewal to all personal non-life insurance products (i.e. not just private motor and home). Draft provisions for inclusion in the Consumer Protection Code have been included in the public consultation, submissions in respect of which are invited.

Brokers Ireland is considering the report and will be making a detailed submission to the Public Consultation.

Should you have any queries in relation to the report, or wish to make any comment, please contact



Cathie Shannon BCL LLM Solicitor (non-practising) CIP QFA

086 795 3848


We use cookies in order to give you the best possible experience on our site, for more information, please see our cookie policy.
Cookie Policy