The United Kingdom (UK) is leaving the European Union (EU) in the near future. How the UK will leave remains unclear. It’s possible that there will be no withdrawal agreement or transitional period (i.e. a ‘Hard Brexit’ or ‘no-deal Brexit’). It’s also possible that there will be an extension to Article 50, and, shortly thereafter, some form of a withdrawal agreement will pass successfully through the UK Houses of Parliament.
No matter what happens, we’ve taken measures to protect our customers around the world. We’ve established a subsidiary company in Belgium called William Russell Europe SRL, which is authorised and regulated by the Belgian Financial Services & Markets Authority. We’ve also made contingency arrangements with other insurance companies in the Allianz group.
No matter what happens with Brexit, our insurance coverage and customer services will be unaffected for all customers, whether resident in the UK, the EU or elsewhere.