Some Quinn Insurance UK Restrictions Lifted

The Irish  Financial Regulator has lifted part of its ban on Quinn Insurance selling new motor insurance cover in the UK. The original ban was put in place on March 30th when Quinn Insurance was taken into administration.

Quinn Direct will now be allowed to sell new insurance policies to provisional licence holders in Britain and Northern Ireland, the regulator announced.

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The regulator said it had taken the decision after “careful consideration and analysis” of information provided by the administrators of Quinn Insurance Ltd as well as after consultation with the UK’s Financial Services Authority (FSA).