Tanaiste Opens new QUINN-Insurance Office in Cork with plans for 500 New Jobs

4th December 2008

Ireland-based Quinn Insurance has revealed plans to open a new call-centre in Cork, creating 500 jobs in the city over the next four years.

Ireland's deputy prime minister (Tanaiste ) Mary Coughlan announced the new €25 million facility, to be built in East Gate Business Park, Little Island.

Mary Coughlan T.D., Tanaiste and Minister for Enterprise Trade and Employment today opened Quinn Insurance's new office in Cork City. Located in East Gate Business Park in Little Island, this new facility will cater for 500 new jobs over the next four years and is a significant expansion of Quinn Insurance's presence in Ireland.

Quinn Insurance has invested €25m in this new facility and it provides the company with the capacity to continue to grow all of its businesses in Ireland and particularly the UK. In addition this new office will serve as a base for the company in Munster and enable the company to provide a local service to its customers in the area.

Quinn Insurance currently employs almost 3,000 people (2,800 in Ireland) with 300 new positions having been created in the past year. This team services the company's 1.25 million customers in Ireland and the UK, which has increased by 70,000 in the past 12 months.

Recruitment has already commenced and these new job opportunities in Cork will be across many disciplines including insurance sales and underwriting, claims management and customer service.

Marking the opening the Tanaiste said:

"I am delighted to open Quinn Insurance's new office in Cork. This substantial investment in Cork and the associated jobs being created over the next 4 years is a huge vote of confidence for the whole region. I would like to congratulate Quinn Insurance on their continued success and most importantly for their continued investment in Ireland in these difficult economic times."

Colin Morgan, Chief Executive of Quinn Insurance said: "We are very pleased to announce the opening of our new Cork Office. We remain very optimistic about the opportunities for our business to continue to grow. Since acquiring the Bupa business last year we have had operations in the Munster area and have been very impressed with the quality of our staff here and therefore decided to increase our presence in the area. As well as providing a platform to grow and manage our insurance business in the Munster area we plan to use this new office to accommodate the growth in our general and health insurance business in Ireland and our very successful UK business."

QUINN group Information:

With its head office in Ireland the QUINN-group is a multinational organization with substantial interests in a range of diverse industry sectors throughout Central and Western Europe including financial services, hotel & property management, cement production and the manufacture of related concrete products. It is a market leader in Ireland and the UK in the production of container glass products for the drinks and food trade and is a major provider of building insulation products. It is also a market leader on a European wide basis in the supply of heating radiators and also for the production of industrial and domestic plastics. In line with its mission of ongoing diversification the Group is now substantially extending its commercial property portfolio in established and emerging economies.

Tanaiste Opens new QUINN-Insurance Office in Cork with plans for 500 New Jobs

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