QUINN-direct announce profits boost
QUINN-direct Insurance today announces that it made a Pre-Tax Profit of €123m in the six-month period to the end of June 2006.
This represents an increase of 38% over the first half of 2005. Written premium increased by 22% to €386m over the same period and the customer base has now grown to 420,000.
QUINN-direct general manger Colin Morgan said: "We are very pleased with the performance of the business so far in 2006. Despite the competitiveness of the insurance market we have continued to increase market share in Ireland and the UK.
"Becoming the third largest Insurer in Ireland is a tremendous tribute to our staff who have worked exceptionally hard in what has been a very fast moving environment."
