Agenda: The direct debate
The surprising news over the last couple of months was that Quinn Insurance had taken over from RSA the role as primary insurer for Laing O'Rourke on a direct basis. This seems to have been a deal done between the two Irish principals and not one arranged by the holding broker, Kerry London.
The latter has been retained as a consulting broker but, from the tone of the press reports, it did not have a part in recommending Quinn as the primary insurer. The news was surprising on a number of levels:
Laing O'Rourke is the largest privately owned construction company in the UK. It is a global player with major operations in Australia, the Middle East, Asia and Europe. It has a turnover of over £4bn and an order book in excess of £10bn. Its contracts are large and complex, includingOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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