Kieran O'Donnell (Fine Gael) | Oireachtas source

I commend everyone involved, including Deputy Pearse Doherty of Sinn Féin and the Minister of State, Deputy D'Arcy. A significant number of advances have been made in dealing with insurance in the past year and this Bill is a significant element. The pivotal element for me is the book of quantum. The Minister of State, Deputy D'Arcy, has very much been driving this to have the book of quantum guidelines revised as expeditiously as possible. We want a competitive insurance industry, not an industry that is ripping off customers. The key point is that we want a system that is fair. As it stands, the book of quantum is outdated and needs to be revised. A structure is now in place. I hope that we will see that happen quickly and that we will get to a situation where we have an insurance industry that is working at all times in the best interests of consumers.