HFW Briefing – Preparing for Brexit: seven things that (re)insurance businesses can do now

European Union, Insurance and Reinsurance, Marine Insurance, Organisations, Politics and Government — By on July 14, 2016 at 5:14 PM

HFW INSREINS BR 14 JULY 2016

Preparing for Brexit: seven things that (re)insurance businesses can do now

June’s vote to leave the EU has set the UK on course for Brexit. It is not yet known exactly when the final exit will take place (although two years’ notice is required) and it is far from clear which EU treaties and legislation will continue to apply in the UK or the extent to which UK businesses will be able to continue operating in the EU.

Despite this uncertainty, businesses operating in the insurance sector would be wise to start making plans now. Here we look at seven factors to consider in advance of the UK’s formal withdrawal becoming effective.
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