Webcast Replay: Preparing for Brexit - Insurance Without Passports
The insurance industry relies heavily on passporting to get firms the greatest choice of insurance while allowing insurers to concentrate capital and talent in a single, efficient hub in the UK. With Brexit negotiations ahead, the industry recognises that it needs to prepare for the possibility of a world without passporting. That leaves firms unsure as to what kind of future access they will have to insurance and when that will become clear.
Marsh hosted a webcast, with guest speaker from Allen & Overy, to outline proposed solutions to insuring across borders without passporting, including a placement structure that works now, in advance of the two-year exit period. Our speakers covered:
- The potential impact of Brexit on insurance arrangements.
- What the loss of passporting and further European Union exits could mean.
- Practical suggestions on what you can do now to prepare.