Broker advice on liquidation “is not relevant” to Quinn

Quinn Insurance’ provisional administrators Paul McCann and Michael McAteer have dismissed the Irish Brokers Association’s statements that commercial insurers could lose out if Quinn went bust, the Irish Times reports.

They said the legal position set out by the IBA is not relevant as Quinn Insurance is not in liquidation. “In the history of the administration process since it was introduced in 1983, no company which has gone into administration has gone into liquidation.

“We therefore write to reassure you that the legal position set out by the Insurance Brokers Association is not relevant as QIL is in administration.”

Websites

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics