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Broker moves European business to Lithuania post Brexit

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W Denis Insurance Brokers PLC, a U.K.-based Lloyd’s of London insurance broker, has opened a new office in Lithuania due to Brexit and the subsequent loss of European passporting rights, The Business Desk reported. Vida Jarasiunaite will serve as the chief executive of W Denis Europe UADB, which will be regulated by the Bank of Lithuania and will be able to serve the broker’s customers in Europe.

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