As I stated in my Submission to the Senate Economics References Committee Hearing on 4th October 2023, it is an AFSL licensing condition to maintain Professional Indemnity Insurance cover for customer protection. (1) Why are the DASS clients not claiming against its PI policy for inappropriate advice, etc.? (2) Why is ASIC not claiming against its PI insurance policy for investigation and enforcement costs because it is an inclusive action in the clients' remediation process? Lawyers for PI insurance receive ASIC's reports and assess their liability under the PI customer protection conditions. [3] Why are advisers AFSL licensees paying the Industry Funding Levy instead of ASIC claiming against PI insurance, where that is the purpose of PI insurance? [4] Is not acting on PI insurance a regulatory 'blind spot'?