I welcome the opportunity to make a contribution to the Bill. The cost of insurance, as we all know, is one of the most frequently recurring matters raised with us as politicians and with policymakers by both individuals and businesses. To that end, effective insurance reform and the speed of that reform should be at the forefront of the work carried out by the Government. While we do not oppose the legislation, as my colleague has advised, or its provisions, it must be pointed out that what is before us, particula…