The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
500 jobs Number of planned job creations
Announcement Date
3 December 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
One of Ireland's largest insurance companies, Quinn Insurance, is to substantially expand its Irish operations by establising a new call centre in Cork. It is understood that this will eventually result in 500 new jobs being created over the next four years.
Quinn has spent significant resources on the new call centre, which is designed to boost its capacity to conduct transactions across both Ireland and the UK. Quinn Insurance is owned by the Quinn Group, which last year took over Bupa Ireland, the private health insurer, also based in Cork.
Sources
Citation
Eurofound (2008), Quinn Insurance, Business expansion in Ireland, factsheet number 67627, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67627.
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