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International

Aviva to transfer policies to Irish unit to prepare for Brexit

September 25, 2018 Reprints

U.K.-based insurer Aviva P.L.C. is shifting insurance policies to a newly created unit – Aviva Insurance Ireland D.A.C. – to maintain access to Irish and other European clients post Brexit, The Irish Times reported. Aviva said that the insurer plans to shift all policies issued in Ireland and some commercial policies issued in European countries other than the United Kingdom to the new unit. Irish clients will no longer qualify for the U.K. Financial Services compensation plan after the transfer.

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Aviva to transfer policies to Irish unit to prepare for Brexit

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