Mr. Michael Horan:

As a result of improved road safety, there are fewer fatalities and the injuries board has taken legal costs from the system, etc. The cost of motor insurance has fallen because of that. A similar model applies here, where the industry wishes to preserve the widespread availability and affordability of flood insurance. There is increased engagement on the part of the Minister of State at the Department of Finance, Deputy Brian Hayes, and the OPW, but current levels of investment and implementation of flood defences must improve. There should be better communication of flood defences being implemented, both big and small around the country.