New Motor Insurance Transparency Code Launched In Ireland

The Irish Government recently launched the Motor Insurance Transparency Code (Transparency Code), a priority commitment under its Action Plan for Insurance Reform 2025–2029.

Effective from March 2026, the Transparency Code introduces a new voluntary framework designed to improve how insurers and intermediaries explain motor insurance pricing to Irish private motor insurance customers. Developed with input from industry stakeholders and the Department of Finance and the Central Bank of Ireland, the Transparency Code is intended to strengthen trust, understanding, and consistency across the private motor insurance market in Ireland.

Who the Transparency Code applies to

The Transparency Code is voluntary and open to all insurers and intermediaries offering private motor insurance in Ireland, including cross‑border providers, to sign up. Signatories agree to implement the Transparency Code’s standards across all quotations and renewals for private motor insurance policies.