Several weeks ago and in cooperation with our partner law firm in London, DAC Beachcroft, we have pulled a team of experts together that monitors and assesses these developments
- which effects Brexit has in terms of supervisory and contract law on the already existing German business (branches/exchange of services that is operated by UK insurance companies),
- how it will be possible in future to operate insurance business in the EU/EEA as well as in the UK in case of a privileged EU-partnership,
- the effects of Brexit, in case a EU/EEA-insurer asserts claims against service providers in the UK,
- which effects Brexit has in case of co-insurance under participation of a UK insurer, and
- how it is possible to establish risk carriers in the EU/EEA.
Of course we are glad to provide you with assistance and support.