Lloyd’s races to resolve regulatory threat to Brussels platform
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Lloyd’s races to resolve regulatory threat to Brussels platform

Laura Board
16 April 2021
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A photograph of the Lloyds Building in London from ground up

Concerns are mounting about the timeline for Lloyd’s Europe to establish the underwriting infrastructure needed to placate Belgian regulators, which decided around year-end that the platform was engaged in unauthorised insurance distribution.

Lloyd’s announced the regulatory rethink in January and has since been locked in separate discussions with the Belgian regulators and stakeholders – including managing agents, the Lloyd’s Market Association (LMA) and the London & International Insurance Brokers’ Association (Liiba)...

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Topics

News Regulation Operations/tech London market
LB
Laura Board
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