Policyholders advised to shop around by brokers’ association
Although the company’s new management – Michael McAteer and Paul McCann of Grant Thornton have been appointed administrators for Quinn Direct and Quinn Healthcare – and the Financial Regulator moved quickly to clarify that existing policyholders will not be adversely affected by yesterday’s developments; one of the insurance industry’s leading representative bodies has accentuated the alternatives available to customers.
The Irish Brokers’ Association (IBA) said that while yesterday was “a very sad day for the industry”, “there is choice out there”.
