Quinn in administration
Young Driver Insurance champion, Quinn has been forced into administration and has ceased writing business in the UK/NI. Existing UK/NI policyholders will not be affected by this decision as existing policies will remain valid. Customers can make claims in the normal way.
A statement on the Quinn Direct Website states that administrators have been appointed with a view to placing the business on a sound financial footing.
Quinn came out consistently as the best price insurer in the FirsTimeDriver Young Driver Insurance Survey.
Here’s hoping that they are able to start writing new business soon.
David
April 7th, 2010
It would be a great shame if the regulator does not find a way to keep Quinn in business.
Latest update from BBC
http://news.bbc.co.uk/1/hi/northern_ireland/8604293.stm