Brexit deal’s focus on equivalence ‘unfortunate’ for insurers and brokers

15-11-2018

Brexit deal’s focus on equivalence ‘unfortunate’ for insurers and brokers

iStock/ Vchal

The chief executive of the London and International Insurance Brokers’ Association (LIIBA) has voiced concerns that the draft Brexit agreement reached by the UK and European Union does not address or resolve the body’s fundamental concern: a lack of clarity around the Insurance Distribution Directive (IDD) which could jeopardise the ability of brokers to operate in Europe.


LIIBA, Brexit agreement, Insurance, Brokers, London, Europe, Insurance Distribution Directive, Christopher Croft, UK

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