30th / March / 2010

QUINN INSURANCE

Today we have been informed that Quinn Insurance has been put into Administration by the Irish Regulator to protect policyholders. Grant Thornton has been appointed as administrator and Quinn are not writing any new business with effect from today. Existing policies are still in force and claims are being handled in the normal way. I have attached a link to the Irish Regulators website and statement which included some questions and answers which maybe of further assistance.

Romero Insurance Brokers as your broker will continue to monitor the situation on your behalf and update you of anything that changes as soon as we know more.

The link to the full statement from the Irish Financial Regulator can be found here: http://www.financialregulator.ie/press-area/press-releases/Pages/StatementonQuinnInsurance.aspx

If you have any questions please contact your Account Executive or one of the Romero team on 0113 281 8110.

Best regards

Simon Mabb
Managing Director