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Here is what BREXIT Means for Insurers and Brokers operating in or planning to operate in the UK and Europe


It is clear that, if you rely in the main UK media for your Brexit information you could be in for a few surprises. For those UK insurers, EU insurers, brokers and agents selling, or planning to sell into the UK and/or European markets; BREXIT is a legal and logistical nightmare.
In the UK the Bank of England and subsidiary insurance/financial regulators have confirmed that there will be no bonfire of regulations post-Brexit , while other regulators and bodes such as on competition and health and safety have made similar promises.
Wait and see is not an option given the time that it will take to set up a regulated subsidiary within an EU member state or in the UK.
There will be two parallel but not identical sets of laws in the UK and in the EU/EFTA countries. Any UK insurer or broker doing business in the new EU/EFTA block will be subject to ALL the laws and rules in that region such as on solvency, insurance regulation and competition, plus the UK rules on solvency, insurance regulation and all other regulation that will diverge from EU rules.

With 200 pages of critical insurance business intelligence, this new market research report looks at what BREXIT means for insurers and brokers operating in or planning to operate in the UK and Europe. 
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