Boston-based diversified insurer Liberty Mutual Group has acquired Quinn's Irish insurance business.
The company, to be known as Liberty Insurance, will continue to operate from existing offices in Cavan, Dublin and Enniskillen, with Cavan as the headquarters.
All existing Quinn Insurance employees will be transferred to Liberty Mutual’s new Irish company, which plans to trade under the name of Liberty Insurance.
Liberty Insurance said it plans to build on Quinn Insurance’s position in the Irish market and provide enhanced services to appeal to a broader spectrum of Irish consumers, families and businesses.
Liberty Mutual Group president and CEO David Long said this acquisition enables the company to enter the Irish market as the economy begins to recover.
"We are also delighted to welcome our newest employees to the Liberty Mutual family and we look forward to their contributions to our success in Ireland and the UK," Long said.
Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety.