Global specialty insurance and reinsurance company
Technical Consultancy for a feasibility study on a Brexit driven Part VII transfer to Ireland
Consultancy for an initial Part VII feasibility study and business case development for a Brexit induced transfer for a global insurer and reinsurer with operations in London. The proposal involved an intra-group restructuring of all EEA non-life business by a Part VII transfer into a newly established Irish subsidiary in order to split the business between EEA and Rest of World to enable existing and future EEA based business to be continued post Brexit if existing passporting arrangements are discontinued. The assignment was successfully completed within an extremely challenging timescale, in just over 1 week after being instructed by the client.