The PIAB is not designed to reduce levels of compensation but rather to bring about reductions in the cost of delivering that compensation. For 2000 the MIAB report indicated that for motor third party personal injury claims, non-compensation costs as a percentage of compensation costs amounted to 39.5%, while in the case of employer's liability they were 45.9% and for public liability, 56.4%. These levels are clearly not sustainable and the objective of the PIAB is to reduce them. This will reduce insurance costs while hugely benefiting the policyholder.