Anyone with Quinn Direct?

5tephen said:
Quinn Insurance aren't in administration because they were too cheap (i.e. losing money through undercutting like some of you are saying) - the actual business was making over €20m a month profit, it's just that the company was guaranteed against assets whose value has plummeted in the last few years and this was deemed to be too risky to allow it to continue in its current path. And understandably so.

They've made nearly £3000 out of me in this past two years. I went with them at the time because at 22 they were over £1000 cheaper than anyone else, and almost as much cheaper the year after that. Just done a quick check and it looks like my renewal in 5 weeks time is going to be about £600 more for the year. Not happy!
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yeah i have been reading up on the subject too. seems to be that the company will be trading as normal for existing customers and will even renew policys too. the administrators are there to simply try and sort out the company from what i can gather.
 
ahh

every other insurer is pricing me out

best ive had is from admiral at 1500 for the year fully comp and thats with a female as main driver

the rest are asking 2k upwards with a 500 excess too. quinn were only asking 1200 maybe theyre abit dodgy but atleast id have been insured
 
I know someone who used to work for Quinn, they've been offloading staff for a over a year now, hardly surprising as apparently they're one of the few insurance companies that never seem to quibble claims, when I claimed for the dent in the bonnet I took the car to the most overpriced bodyshop I could find, my solicitor put in a claim for £1100 and it was settled within 48 hours.
 
Hatter The Mad said:
Quinn aren't dodgy.
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They're an insurer in administration, they've been fined and reprimanded left right and centre, the group they belong to seem to think they can move money and security around at their leisure to suit themselves (prop up whichever Quinn company was under the microscope that month) and Sean Quinn is no stranger to the court room. Quinn Direct couldn't get a security rating and most Brokers refused to deal with them. I can't recall an insurer being so openly rejected by the market like...ever.

Complete and utter cowboys.
 
Quinn have resumed writing new policies in the UK.

Quinn Insurance Limited (QIL) has re-opened it’s UK business for all licence holders. Existing policyholders do not need to take any action and customers can make claims in the normal way.
 
Thats odd, I got a letter from them last week saying that they would not be able to renew my policy, and proof of no claims was also included.
 
phil675 said:
Thats odd, I got a letter from them last week saying that they would not be able to renew my policy, and proof of no claims was also included.
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Same.

Going elsewhere anyway, don't really want to be insured with someone who is possibly unstable.
 
Captain_Slick said:
Unless you class everything Irish as dodgy. In which case, they are incredibly dodgy.
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Given your location, I'm surprised you don't know of QUINN glass UK,Ash Road, Elton, Cheshire, its a huge site, supplying for example bottles for most beers & soft drinks you find in many pubs.

I don't know about the insurance side but the Glass making part of the Quinn group - from my own experience of going there regularly - gives me the impression of anything but dodgy.....
 
Sheer luck I noticed this thread, I'm with Quinn, have been with them for about 6 years.

Lucky that I have never needed to claim

Always payed by direct debit so easy to change over thankfully, probably be cheaper elsewhere anyway.

Its like your bank account, you always mean to change it but never get round to actually doing it.

Thanks Quinn, youve just given me the motivation to sort it out :)
 
R420LA6X2/4MNA said:
Given your location, I'm surprised you don't know of QUINN glass UK,Ash Road, Elton, Cheshire, its a huge site, supplying for example bottles for most beers & soft drinks you find in many pubs.

I don't know about the insurance side but the Glass making part of the Quinn group - from my own experience of going there regularly - gives me the impression of anything but dodgy.....
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lolwut? Even if I did know of Quinn glass UK, what does that have do with what I said?

I didn't say anything Irish is dodgy.
 
UK based insurance premiums are held in a client account which is regulated by the FSA. It will not affect anybody who has paid a premium as it is essentially in a protected account.
 
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