Editor's Comment: Quinn raises responsibility issue

Andrew Tjaardstra editor PB

The Editor's comment by Andrew Tjaardstra

When Ireland's Financial Regulator called in the administrators to run Quinn Insurance, few in the UK broking profession were surprised. The rumour mill had been in overdrive regarding the business since it pulled out of its Moody's rating in July 2008. Many were reticent to do business with the insurer and many lambasted it for pricing unrealistically.

Yet its core business in Ireland appeared strong and was therefore perhaps able to prop up ambitious growth in the UK. With the Financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: