Shock over Quinn Insurance News
SDLP Fermanagh and South Tyrone MLA Tommy Gallagher said there is widespread shock and concern at news that the Quinn Insurance Group has been put into administration by the High Court in Dublin.
He said: “I understand the administrators will run only the general insurance business which offers home, health, motor and public liability insurance and that all policies will continue as normal. Hopefully the administrators will be able to maintain all the insurance jobs.
“Obviously the first thought in everyone’s mind is whether there might be any implications for the wider Quinn Group, which employs a lot of people in Fermanagh and just over the border in Cavan and is a key player in the local economy. The general view is that business is very sound in the non-financial parts of the group.
“The Quinn family is held in very high regard in Fermanagh, in fact they are local champions who have come far since they started out in the gravel business and yet retained the strongest links with the area. Everyone will want them to pull through this difficulty as soon as possible.”
He said: “I understand the administrators will run only the general insurance business which offers home, health, motor and public liability insurance and that all policies will continue as normal. Hopefully the administrators will be able to maintain all the insurance jobs.
“Obviously the first thought in everyone’s mind is whether there might be any implications for the wider Quinn Group, which employs a lot of people in Fermanagh and just over the border in Cavan and is a key player in the local economy. The general view is that business is very sound in the non-financial parts of the group.
“The Quinn family is held in very high regard in Fermanagh, in fact they are local champions who have come far since they started out in the gravel business and yet retained the strongest links with the area. Everyone will want them to pull through this difficulty as soon as possible.”
