Business Irish

Sunday 23 April 2017

Quinn 'regrets' disruption in rebuff to protesting truckers

Colin Gleeson and  Anne-Marie Walsh

QUINN Insurance last night moved to distance itself from a protest by about 50 truckers through Dublin city centre yesterday morning.

The demonstration was organised by business customers in support of the company and its staff.

"Quinn Insurance is not involved in the organisation of today's truck protests, and regrets any traffic disruption caused," said a spokesperson

"The administrators of Quinn Insurance Ltd continue to work with the Financial Regulator to re-open additional product lines in the UK market as a matter of urgency."

The truckers were part of the 250-strong convoy that left Naas, Co Kildare. Some had signs calling for Sean Quinn to be given time to sort out his problems and to allow Quinn Insurance to write new business in UK markets.

Gardai were on duty to supervise traffic but there was no major congestion. The 200 trucks that had to abandon the procession into the city centre because of safety concerns, travelled from the M7 to the airport roundabout and back again.

Representatives of the 170 firms involved in the protest handed in a letter at Taoiseach Brian Cowen's office expressing their dismay at the Government's handling of the problem.

Quinn employees distanced themselves from the protest. "We as employees appreciate all the support we are getting from the public and customers alike. The rally taking place in Dublin this morning is a completely independent initiative," a spokeswoman said.

Meanwhile, Quinn Insurance staff are joining a trade union as fears grow of a major jobs cull. The Communications Workers Union said it had signed up more than a dozen employees on a confidential basis and was meeting further staff in the coming weeks.

Job losses could be anywhere between 200 and 1,000. Details are expected on Friday when joint administrators assess the impact of the Financial Regulator's partial ban on Quinn Insurance's UK business.

Ian McArdle of CWU said staff at the non-unionised insurer complained that employee representatives put forward by the company on their behalf were mainly management staff.

PROBE ALMOST FINISHED: BUSINESS, PAGE 45

Irish Independent

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