New name unveiled

Quinn Insurance will cease trading under that name from November 4 and relaunch as Liberty Direct, according to reports in local Northern Irish media.

The Anglo-Celt newspaper says that the company will resume trading under the name Liberty Direct on the following Monday, November 7.

The name change was agreed following a breakthrough in negotiations with bondholders at the weekend, according to the paper, which Cavan where the insurer’s headquarters is based.

A spokeswoman for Quinn Direct told The Anglo-Celt: “We are on track and the sale is expected to conclude in the coming weeks.”