ABI develops non-EU insurer trade framework

global-trade

The framework is for future trade agreements with non-EU countries and puts insurance “at the forefront of helping secure Britain’s prosperity after Brexit”.

The Association of British Insurers (ABI) has developed a trade framework to help insurers expand their operations to new countries which are outside of the EU.

According to the ABI the framework is a document which is being offered to HM Treasury and the Department for International Trade as text which could be inserted directly into future trade agreements on financial services as they are negotiated with specific countries.

Hugh Savill, director of regulation at the ABI and a former trade

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