They say they’re a new entrant and thus shouldn’t pay risk equalisation, and the Quinn rep on 6.1 news was talking about an even playing fields. Which begs the questions:
- Are they a new entrant? They’re certainly not a new entrant to the insurance market.
- Did Gov.ie approve the takeover and thus approve Quinn’s assertions on the aforementioned?
- What happens in three years, when the exemption expires?
Watching the Quinn rep on 6.1 was a hoot. He can’t maintain eye contact with a tv camera, never mind a human being.