Lloyd’s announces Brussels Brexit move

Lloyd's building

The business will open a subsidiary in Belgium which will be its EU base.

Lloyd’s has announced it will be setting up a new European insurance company to be located in Brussels.

The decision has been made to allow the organisation to ensure business carries on without interruption after the UK officially leaves the EU.

Lloyd’s chief executive Inga Beale said: “It is important that we are able to provide the market and customers with an effective solution that means business can carry on without interruption when the UK leaves the EU.

“Brussels met the critical

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