Wright Insurance Brokers is one of a number of companies currently facilitating the European Commission and the Competition and Consumer Protection Commission in their ongoing market investigation into competition in Ireland.
The investigation is focussed on ensuring that the market for insurance operates in an open and competitive manner in Ireland.
We believe that our Group has had a significant positive influence on insurance competition over the last number of years through the introduction of a number of new insurance carriers to the Irish market. We welcome the investigation and are fully co-operating with the Commission.
The Commission have finished their initial investigation at our office but are unlikely to issue their findings for a number of months, however, we do not anticipate any negative findings, sanctions or fines. We expect a positive outcome for Wright Insurance Brokers.