Brought to you by:

Lloyd’s opens Brussels branch

Lloyd’s new Brussels office is open for business, staffed by 50 people.

The market previously announced it would shift all European insurance business to Brussels by 2020, in response to Brexit.

Chairman Bruce Carnegie-Brown says the move has provided certainty to customers and partners throughout Europe. Lloyd’s has 19 European branches.

Underwriters will continue to pay all valid claims regardless of the result of Brexit negotiations, the market says.