Mr. John Cahalan:

The Senator has raised a couple of issues. When one considers all our claims and expenses over premium, with our overall combined ratio in insurance we make a margin of approximately 10%. We are a business and we feel this is a modest and fair return for the service we give.

The Senator mentioned dash cams. The current legislation around GDPR does not allow us to use some of the data that dash cams actually track, unless we have the explicit authorisation from the other person who has been recorded on the dash cam footage. Legislation could help us to improve our ability to get the correct data to allow us to proactively challenge or pay out fairly on claims.