Martin Shaw: What will Brexit mean for UK insurance?

'Business as usual'

clock • 3 min read

Martin Shaw, AFM chief executive, explores the impact Brexit is likely to have on the UK insurance industry

It's business as usual for now, but by the end of the year we need to have a lot more clarity about how rules and regulations will evolve. While there are certainly more questions than answers at the moment, there are also many things we know won't change. The insurance industry, for example, has been much less likely to see cross-border transactions compared to the banking or the asset management sector. This means consumers will generally carry on seeing continuity of cover, as well as service and support from the same UK location. If they are one of the 10 million customers of Associa...

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