A new plan which is aimed at lifting the ban on Quinn Insurance doing business in the UK is to be given to the Financial Regulator, Matthew Elderfield tomorrow.
However, despite the wishes of the workforce it seems unlikely the ban will be lifted anytime soon given the financial circumstances of the company.
Staff at Quinn Insurance were also hearing today about last night's talks between politicians, Mr Elderfield and the Governor of the Central Bank, Patrick Honohan.
The politician delegation stressed the importance of the employment created by Quinn Insurance and in particular the urgent need to lift the ban on the company's doing business in Northern Ireland and Britain.
For their part, the Regulator and the head of the Central Bank pointed out that they were independent, that regulations were there for a reason and they had a job to do.
Minister for Agriculture, Fisheries and Food, Brendan Smith, said he and all the public representatives in the Cavan/Monaghan area want to see the difficulties in the Quinn Group ended as soon as possible.
Mr Smith said he sincerely hoped that the insurance business could soon be resumed in Northern Ireland and in Britain.
The minister would not comment on what's likely to happen when the Financial Regulator applies to have the appointment of the Groups two provisional administrators confirmed by the High court on Monday.
Mr Smith said he wants to see the Groups difficulties overcome as to see it back to business as normal as soon as possible.
