The EU Commission's accepted a commitment from Insurance Ireland to open up its database to non-members.
It will also provide clear criteria and procedures on access to the InsuranceLink database.
Announcing the move, the EU's Competition Commissioner Margrethe Verger said it will restore the level playing field in the Irish motor insurance market and ease the entry of new players.
As a result she says consumers may benefit from a larger choice of suppliers.
Insurance Ireland's welcomed the EU's decision to accept its commitments and conclude its investigation.
