Do motor insurance companies share if a driver was refused?

brazilianlips

Do motor insurance companies share with each other if a driver was refused motor insurance or was involved in previous accidents, or can they find out this information in some other way?

biko

Most if them will ask you if you were refused. If you lie and get found out they may stop your insurance or claim you defrauded them.
That said GDPR means they cannot share info willy-nilly (I'm not saying they don't share this info anyway).
All above guesses on my part.

Since you're new here I should add that any questions about how to circumvent regulation is not ok.

B0rG

This is not by any means a legal advice.

But.

Under GDPR Data Subject (you) at the point of Data Collection should be presented with a Consent form that states in clear and easily understood language the purpose of Data Collection and how that data will be used and shared with other parties. Also for how long that data will be stored. You will have to sign that Consent form.

In other words when you give them your personal data they should inform you how it will be used and with whom it will be shared.

In reality it's a bit of gray area, because some organisations may go around Consent form via "data collection for business purposes" or large goverment organisation collecting large amounts of PD. I do not think it applies to relationship between insurance company and a person.

You also have the "Right to Access", allowing you to make the formal request to them on how your data will be processed and with whom it will be shared.

(See Article 15 below)

https://gdpr-info.eu/chapter-3/

rd1izb7lvpuksx

B0rG wrote: »

This is not by any means a legal advice.

But.

Under GDPR Data Subject (you) at the point of Data Collection should be presented with a Consent form that states in clear and easily understood language the purpose of Data Collection and how that data will be used and shared with other parties. Also for how long that data will be stored. You will have to sign that Consent form.

In other words when you give them your personal data they should inform you how it will be used and with whom it will be shared.

In reality it's a bit of gray area, because some organisations may go around Consent form via "data collection for business purposes" or large goverment organisation collecting large amounts of PD. I do not think it applies to relationship between insurance company and a person.

You also have the "Right to Access", allowing you to make the formal request to them on how your data will be processed and with whom it will be shared.

(See Article 15 below)

https://gdpr-info.eu/chapter-3/

Organisations need at least one lawful ground to process personal data, but it does not have to be consent (and often isn't, as consent is one of the weakest grounds as it can be withdrawn unilaterally).


Insurance companies do share data through Insurance Link and IIDS, which are shared databases run by Insurance Ireland, and allow insurers to verify details of claims, penalty points, and no-claims-discounts.

mgbgt1978

Insurers do indeed share information.
In fact one of the reasons new insurers are reluctant to enter the Irish market is the fact that the current Insurers will not share this information. There is an EU investigation currently underway;
https://www.independent.ie/business/personal-finance/insurers-face-millions-of-euro-in-cartel-probe-fines-38113374.html

Eggs For Dinner

mgbgt1978 wrote: »

Insurers do indeed share information.
In fact one of the reasons new insurers are reluctant to enter the Irish market is the fact that the current Insurers will not share this information. There is an EU investigation currently underway;
https://www.independent.ie/business/personal-finance/insurers-face-millions-of-euro-in-cartel-probe-fines-38113374.html

They will share with anyone who becomes a member of Insurance Ireland and contribute to the running costs. Nobody has ever been refused membership.

mgbgt1978

An Authorised Insurer can only apply to become a Member of Insurance Ireland after operating for at least one year in the Republic of Ireland. That's an Insurance Ireland stipulation, not any particular legal requirement.

Therefore, for their first year in operation here (probably any Company's most precarious period) they are denied access to the Database of claims, penalty points and no-claims bonuses.



So, to reiterate my point....Insurance Ireland do not share any information with new Entrants to the Irish Market.



I'm sure even you spotted this sentence in the article;

"It is unprecedented for the powerful EU competition directorate to probe an insurance body such as Insurance Ireland."

Sounds like they are a great bunch of lads......;)