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Quinn welcomes regulator's decision

learner-driver

Quinn Insurance said it was pleased with the Financial Regulator's decision to allow it to offer private motor insurance for provisional licence holders.

As reported on broking.co.uk, the Irish Financial Regulator modified the direction issued to Quinn Insurance, which went into provisional administration on 30 March 2010, to permit the company to write motor insurance cover for provisional driver licence holders in the UK (including Northern Ireland).

The regulator said it had taken this decision after analysing the information provided by Quinn's administrators which detailed improvements made in the company's underwriting model and a

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