Financial Regulator Says Not His Job To Help Customers Shop Around For Car Insurance

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The Financial Regulator says it's not his job to help customers shop around for the best deal on car insurance.

Cyril Roux says he would be adopting the role of a broker if the Central Bank offered a comparison service between premiums.

The Health Insurance Authority already offers a comparison service between health premiums, but the Central Bank doesn't.

Appearing at the Oireachtas Finance committee today – Mr Roux says it would be 'inappropriate' for him to offer a similar service.