Public to foot bill if Quinn family succeed with legal action

Overdue payment

Irish policyholders across Ireland will end up paying out if members of the Quinn family are successful in their legal actions against Quinn Insurance.

The possible scenario was revealed in documents lodged with the High Court detailing the terms of Quinn's imminent sale to Anglo Irish Bank and US insurer Liberty Mutual, according to the Irish Independent.

The documents reveal that the deal exempts the new owners from a wide variety of future potential costs, including actions by former employees.

Three of Sean Quinn's children - Ciara, Sean Jnr and Brenda - have either begun legal actions or indicated plans to file suit over the way they were

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

Meet the MGA: Kayzen Specialty

Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused.

i-Wonder delivers on fast food

i-Wonder, provider of niche insurance comparison website solutions, has confirmed the adoption of its offering for the UK fast food delivery sector by “one of” the UK’s main aggregators, Insurance Age can reveal.

Most read articles loading...

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: