Mr. Kevin Thompson:

To be quite clear, we are not a cartel. We do not operate or facilitate a cartel. With regard to the CCPC, we co-operate fully with it. We have no problem there at all and we are very confident that we will be exonerated through the process. Not wishing to make any other comment, we will let the process take its course in that regard.

The Senator raised another issue relating to Zenith Insurance. I have not seen any official commentary from Zenith Insurance and it has not reached out to me to say it has left the market because it has been excluded. I have not seen that. I heard a statement this morning from the managing general agent, its underwriter, which said that it left because of the claims environment. That is what I have heard. We have not excluded a member. Actually, the member who was here this morning is an associate member of Insurance Ireland and has full access to everything, and its underwriter was Zenith. I hope we have cleared that fact up.

With regard to quotations, we are not on the front line in terms of quotations being given or the like. However, it is a competitive market. There are more than 40 players in the market, although eight or nine players are well established and probably account for over 95% of the market. From our experience, they compete fiercely in the marketplace.