It all comes down to distribution. Quinn Life doesn't have anyone being paid to push its products (or being paid commission to sell them). Simple as that really.
I guess Sean Quinn thought he could replicate the non-life success with the life company. The big difference though is that motor insurance is (a) a compulsory product and (b) a largely price-driven commodity product. Neither of these applies with savings/investment products no matter how much some people would like it to be so.
I guess Sean Quinn thought he could replicate the non-life success with the life company. The big difference though is that motor insurance is (a) a compulsory product and (b) a largely price-driven commodity product. Neither of these applies with savings/investment products no matter how much some people would like it to be so.