Finishing line in sight for the IPID
Although many who voted for Brexit may have hoped otherwise, leaving the European Union will not enable the UK insurance community to turn a blind eye to the insurance regulations dreamed up by those famously unelected bureaucrats in Brussels. Although the UK will no longer have to comply with EU legislation, it will still have to demonstrate it is maintaining at least the same standards in order to sustain its position as the number one insurance market.
Branko Bjelobaba, founder of insurance compliance consultancy Branko, says: “While I was having dinner with one of the Brexit ministers, he made it clear that we will be complying with the equivalent
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