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Leaving the EU without a deal not acceptable, warns ABI

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Trade association says that if no Brexit deal is in place insurers may not be able to continue to meet the needs of millions customers and remain legally compliant.

The Association of British Insurers (ABI) has warned that leaving the EU with no deal in place is “not acceptable if insurers are to continue to meet the needs of millions of customers and remain leagally compliant”.

ABI director general Huw Evans warned delegates in a speech at the ABI’s ‘Brexit – the road ahead’ conference that customers could be hit by the lack of a Brexit deal.

He stated: ““It is unacceptable not to have a Brexit deal at the point at which we leave in 2019. As the

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