Whilst I’m sure we’re all still hoping for an agreement between Britain and the EU regarding financial services, we have taken steps to ensure that we can continue to underwrite EEA business in 2021, in the event of a no deal situation. We have entered-into a joint venture with B-Mar www.bmar.be based in Antwerp, to transact business domiciled within any EEA country. B-Mar have a wealth of experience in the Marine Insurance sector and we are excited to be working with them.
BMAR is regulated by the Financial Services and Marketing Authority and has applied to Lloyd’s Brussels for Coverholder status.