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Lloyd’s Brexit options have been detailed by Inga Beale

  • Publish Date: Posted over 7 years ago

Lloyd’s CEO Inga Beale has outlined possible options for the company in a bid to retain market access after Brexit. Five options have been shortlisted by Lloyd’s in response to Britain leaving the EU, including establishing European operations in Dublin, Germany and the Benelux region. At a meeting earlier in the week Beale said that language would have little effect on choosing one of the five options. Beale did explain that if access could be maintained then they may reconsider their options. She highlighted this was a decision that impacted the future of Lloyd’s saying that it would ensure the organisation was around in a hundred years’ time. Beale also took the opportunity to tell the insurance industry to embrace the opportunities of the age by adopting technological change and opportunities provided by China, the wider Asian market and the increasingly important Latin America region.