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31st March 2010

Quinn Healthcare Customer Statement

Following the appointment of joint provisional administrators to Quinn Insurance Limited yesterday the Quinn Healthcare business continues to trade as normal.

None of our customers/policyholders are affected by the Quinn Insurance Limited provisional administration process.

We can confirm that the provisional administrators have assured us that all existing, renewing and new customers’ claims will be paid in the normal fashion and we continue to service our members in the same professional manner as always.

We would like to reassure you that it is certainly business as usual from a Quinn Healthcare perspective.  Quinn Healthcare is working with the provisional administrators to resolve all outstanding matters.  

Please don’t hesitate to contact us directly if you have any questions or queries and we will keep you updated regarding developments.

You can contact us on 1890 700 890 or visit www.quinn-healthcare.com

 

Financial Regulator Statement 30/03/2010

Following an application by the Financial Regulator, the High Court has today appointed joint provisional administrators to Quinn Insurance Limited. The Financial Regulator has taken this action in the interests of the firm’s policyholders.

Quinn Insurance Limited

Irish policyholders of Quinn Insurance Limited can continue to renew policies, carry out new business and make claims in the normal way.

The appointment of joint provisional administrators will better protect policyholders. It will allow the firm to remain open for business, to continue to be run as a going concern under different management and to put the business on a sound commercial and financial footing.

The Financial Regulator has an onsite presence in the firm to oversee its actions and to work with the new management. At the same time the Financial Regulator has commenced an investigation into certain matters within Quinn Insurance Limited that have very recently come to light.

 

 

 

 

 

 

 

 

QUINN-healthcare is a registered business name of QUINN Insurance Limited (Under Administration). Your insurance is provided by QUINN Insurance Limited (Under Administration), regulated by the Financial Regulator and registered in Ireland, No 240768. QUINN-healthcare Limited acts as an agent for healthcare products for QUINN Insurance Limited (Under Administration) and is a private company limited by shares, regulated by the Financial Regulator and registered in Ireland, No 242048. The registered office of QUINN Insurance Limited (Under Administration) and QUINN-healthcare Limited is at Dublin Road, Cavan, Co Cavan.