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Post-Brexit clause could minimise claims disruption

Brexit and the City

The International Underwriting Association has published a Brexit contract continuity clause, to tackle claims disruption that could occur with an end to passporting post-Brexit.

The new clause will allow risk to be placed with both a UK insurer and an EU or EEA-based insurer. If the UK insurer is unable to fulfill its obligations following Brexit, then the European-based

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