My Department's role with regard to motor insurance is confined to the enactment of policy relating to the relevant Road Traffic Acts. Motor insurance is provided as a private contract between the supplier and the customer. Any terms and conditions of motor insurance policies are a contractual matter between the person insured and the insurer and are not matters in which I would have any direct involvement or responsibility. The Irish Financial Services Regulatory Authority (IFSRA), under the aegis of the Minister for Finance, regulates and supervises insurance undertakings.