Mr. Conor Faughnan:

It is only a part of the reason, and probably not a large part. In our internal conversations it is one of the challenges we have had because it is somewhat counter intuitive. There does not seem to be much logic to it so if I may I will try to explain without defending. In part, insurance companies are not looking at the cars themselves per sebut are using them as one of their profiling flags. It is not so much that there is anything wrong with the car but if insurance underwriters look at their books and see that they have about 20% more older cars on them than their competitors, they will want to narrow their exposure to that and will refuse or price themselves out of the older car category to bring them back into line. It is not to do with the car itself, which can be difficult to explain, but they are using it as a profiling mechanism.