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1000 New Jobs Announced, of which 700 to be created in Navan,
Co. Meath

31 August 2006

Mr. Micheál Martin T.D., Minister for Enterprise, Trade and Employment, today (31 August 2006) announced the creation of 1000 jobs by QUINN direct Insurance to support the company’s international development. Most of these jobs (up to 700) will be located at a new facility in Navan, Co. Meath, with the remainder being created at the company’s existing Irish operations in Cavan and Blanchardstown.

The 1000 high value jobs, the majority supported by Enterprise Ireland, will be created over the next five years, and will enable QUINN directto service the growth in its overseas businesses from the Republic of Ireland.

Making the announcement Minister Martin said:

"I am delighted to announce this substantial project by QUINN direct Insurance with the support of Enterprise Ireland. QUINN direct's commitment to building a facility that will provide up to 700 new jobs in Navan is particularly good news for the region."

"QUINN direct is an excellent example of how an ambitious Irish Financial Services company can grow and internationalise. Enterprise Ireland is delighted to support QUINN direct and will continue to work closely with the company"

"I would like to recognise the significant inter-agency co-operation between Enterprise Ireland, IDA Ireland and Meath County Council that made this project possible."

Commenting on the announcement Colin Morgan, General Manager of QUINN directsaid:

“QUINN directcontinues to grow its business in Ireland where we are now the third largest insurer. But as well as growing our Irish business we are very excited about the opportunities for our business overseas, especially in the UK.”

“We are delighted to announce the establishment of a new office facility in Navan and continued expansion of our existing offices in Cavan and Blanchardstown. The new jobs created will be across many disciplines including insurance sales, claims administration and customer service and will service QUINN-direct’s UK and European customer base. ”

Welcoming the announcement by the Minister, Frank Ryan CEO of Enterprise Ireland said:

"This is a major project for Navan and the QUINN Group. Enterprise Ireland is very pleased to be supporting such a significant development by this ambitious company. The internationalisation of Irish business is of paramount importance to the future success of the Irish economy. Enterprise Ireland will work very closely with the QUINN Group in its future development strategy"

QUINN direct> is part of the QUINN Group and was founded in 1996. It currently employs over 1,100 people in the Republic of Ireland and over 500 in the UK and Northern Ireland.

For Further information Contact:
Sarah O’ Callaghan
Press Officer
Enterprise Ireland
Glasnevin
Dublin 9
Tel: 01 8082295
Mob: 087 1253221