Quinn Insurance has been given permission for a limited re-entry into the UK insurance market following an announcement by the Irish Financial Regulator yesterday.
However, the relaxation of the regulator’s restrictions preventing Quinn from writing new business in the UK does not extend to solicitors’ professional indemnity insurance.
The regulator said that it would permit the Irish insurer to write motor insurance cover for learner drivers in the UK. It is understood that this is one of the more profitable areas of the company’s activities.
Full Article:
http://www.lawgazette.co.uk/news/quinn-re-enter-uk-insurance-market
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