Historical Background

QUINN-Insurance is a well established indigenous Irish general insurance company having started operations in 1996. It entered the United Kingdom market during 2004 where it continues to establish its presence and grow its market share. The past development and current trends indicate that increased market share can be achieved through organic growth. This growth is driven by a continued commitment to detailed cost control and exceptional customer service.

As an insurance provider, it is a regulated entity and is subject to the regulations of the Financial Regulator in Ireland. In addition, The Company operates as a branch within the UK that is regulated by the Financial Services Authority ("FSA").

QUINN-group is one of Ireland's leading companies with sales of €2.1bn for 2007 having increased from €1.6bn in 2006. The Group has strong market positions in all of its key business areas, with a strategy of being the most efficient/lowest cost producer in each segment so driving competitive advantage.