I have been away for a day or two so I'm not sure if this has come up or not.
Quinn insurance has went in to administration, and yip you guessed it they were my insurer. Fortunately the policy runs out at the end of this month so losses for a change will be pretty minimal but for a small company to pay 2 lot's of liabillity insurance in 1 year could be disastrous. NASC advice seem's a bit ropey as they are advising a wait and see policy, administrators are accepting liabillity for policy holders and advising those that pay by monthly instalments continue to do so. All well and good but more than a couple of my customers have already been in touch wanting to know the details of my new insurer, so obviously they are not willing to wait and see.
I have been with Quinn for a couple of years now and they were knocking spot's of the competition on price for all our insurance requirements, even insured the material lying outside the yard when no one else wanted to know, so I reckon they must have picked a lot of work in rescent years and I wondered how many guy's on here will be affected.
Quinn insurance has went in to administration, and yip you guessed it they were my insurer. Fortunately the policy runs out at the end of this month so losses for a change will be pretty minimal but for a small company to pay 2 lot's of liabillity insurance in 1 year could be disastrous. NASC advice seem's a bit ropey as they are advising a wait and see policy, administrators are accepting liabillity for policy holders and advising those that pay by monthly instalments continue to do so. All well and good but more than a couple of my customers have already been in touch wanting to know the details of my new insurer, so obviously they are not willing to wait and see.
I have been with Quinn for a couple of years now and they were knocking spot's of the competition on price for all our insurance requirements, even insured the material lying outside the yard when no one else wanted to know, so I reckon they must have picked a lot of work in rescent years and I wondered how many guy's on here will be affected.