Oireachtas Joint and Select Committees

Wednesday, 10 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Quinn Insurance and Insurance Compensation Fund: Discussion

2:30 pm

Mr. Michael McAteer:

What we are trying to do falls into two categories. One relates to the management of claims and trying to ensure they are settled for the lowest amount possible. That involves the initiative of the claims advisory committee and taking a robust stance to ensure claims are settled for the lowest amount possible. The second relates to reviewing the professionals who were involved in the company prior to our appointment and seeing if there can be any recovery in that regard.