Ms Moyagh Murdock:

There is an opportunity to work with other stakeholders to try to identify risks like, for example, a blind spot on the road and engineer them out. Transport Infrastructure Ireland is proactive in this area with the Road Safety Authority. They examine the data analysis on collisions. The number of collisions involving serious injuries and fatalities has reduced down the years because action has been taken to reduce risks.

Many risk underwriters engage with businesses and policyholders to try to identify the risks they may have and help guide them in taking initiatives to reduce same, for example, vehicle safety or activities, and building up to a certain standard whereby they have done everything reasonably practical to reduce or eliminate the risk of serious injury to individuals. There are things that businesses can do with their insurers and underwriters to reduce exposure to risk. That will then reflect on their premiums.