January 28, 2015 8:06 AM ET

Insurance

Company Overview of Liberty Insurance Limited

Company Overview

Liberty Insurance Limited, trading as Quinn-direct, provides car, home, business, motorcycle, van, and fleet insurance solutions to consumers, business owners, and brokers in Ireland. It offers car insurance solutions; home insurance policies in the areas of emergency plumbing, roof damage, blocked drains and toilets, external glass, internal electrics, and locks and keys; business insurance solutions for various types of industries and businesses; and motorcycle insurance policies. The company also provides van and commercial vehicle insurance policies for businesses; fleet insurance policies that cover commercial vans, company cars, and various types of large commercial vehicles, as well a...

Dublin Road

Cavan,  

Ireland

Founded in 2011

Phone:

353 1 890 891890

Fax:

353 4 943 24279

Key Executives for Liberty Insurance Limited

Chief Executive Officer
Founder
Director
Age: 53
Financial Planning Director and Company Secretary
Development Director
Compensation as of Fiscal Year 2014.

Liberty Insurance Limited Key Developments

Liberty Insurance Ireland Announces Nomination of Tom McIlduff as Chief Executive Officer

Liberty Mutual has announced that Tom McIlduff has been nominated as chief executive officer of Liberty Insurance Ireland, subject to Central Bank approval.

Liberty Reportedly Close To Acquire Remaining Stake In QUINN

Liberty Insurance Limited is close to acquiring remaining 49% stake in QUINN Group Ltd. from AIB International Savings Limited, in a deal due to close before Christmas, and will pay approximately €100 million, reported the Sunday Independent. Negotiations on the sale are believed to have been mainly conducted from the Boston parent office rather than locally.

QUINN Insurance Limited Reports Earnings Results for the Full Year of 2012

QUINN Insurance Limited reported earnings results for the full year of 2012. For the period, the company reported profit of €16 million. This was in spite of an underwriting loss of about €20 million last year and a decline of about €10 million in revenues to €180 million. The profit was the result of €35 million in unrealised gains from its investment portfolio, largely due to a strong performance from Irish government bonds.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 7, 2015
QUINN Insurance Limited., Portfolio of UK and EU Insurance Liabilities
Merger/Acquisition
September 17, 2014
Liberty Insurance Limited, 54MW facility in Slieve Rushen, Co Fermanagh
 

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