Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Is the Minister of State saying that if somebody cannot make a profit out of an important insurance sector, then that sector just will not have insurance coverage? That is the logic of what he is saying. Take taxi drivers as an example. Society and public transport need taxi drivers. However, problems with insurance coverage and premiums threaten the livelihoods of taxi drivers if they have one claim against their insurance. If the insurance companies decide not to cover taxi drivers because they cannot make a profit, does that mean the taxi industry would shut down? Would we be precluded from stepping in where the market fails and ensuring there is insurance coverage of that sector?