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19 March 2018

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Post-Brexit contract ‘grandfathering’ vital: Insurance Ireland

Laura Board 13 March 2018

Insurance Ireland has renewed calls for existing contracts spanning the post-Brexit border to be recognised after March 2019 amid signs of European Commission (EC) intransigence on the issue.

The trade body's CEO, Kevin Thompson, is one of the few EU-27 industry figures to have spoken on an issue which could affect an estimated 10 million policyholders in the UK and 38 million EU-27 customers of UK insurers.

Unless local regulators make provision for existing contracts to be recognised, or "grandfathered&q...

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This article was published as part of issue March 2018/2

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