Brexit Update

The UK left the EU on 31st January 2020 and is now in the transitional period. The GRP group is working to ensure that whatever the outcome of the Brexit negotiations between the EU and the UK, our policyholders are not adversely affected and we can continue to arrange the best possible insurance protection for our customers through our ever growing range of brokers and MGAs.  Our scale means that we have the buying power to negotiate market leading deals with insurers, many of whom provide our clients with enhanced wordings as standard.

All GRP firms are currently authorised and regulated by the Financial Conduct Authority and would therefore be impacted if the UK government is unable to reach a deal with the EU whereby UK firms can continue to offer services to EU clients or for EU risks.

To guard against any continuity issues for our clients, GRP has established a new insurance intermediary in Ireland (GRPIL t/a EPU) that will be able to deal with clients and risks throughout the EU.  EPU is based in Dublin and will become our hub for dealing with all EU business in the event that the UK leaves the EU.

For European Property Underwriting we will have staff working for EPU in Dublin able to underwrite EU risks within the same parameters as our UK based EPUL staff.  We will be issuing new TOBAs to all existing and new producing EU brokers so that they can place risks for their client’s with EPU.  Ireland is a particularly important market for our Underwriting businesses and we are excited to be establishing our presence locally and hope to grow our Irish book with our supporting Irish brokers.

For our specialty Lloyd’s business, EPU will be able to wholesale risks directly into your existing group UK or Lloyds broker, providing you with continuity of cover and access to our full range of products.

From 31st January 2020 we may need to invite renewals of any EU policies from EPU.  To enable us to do this EPUL will need share your details with EPU.  Please rest assured that we take protection of personal data very seriously.  We will use personal information about you fairly and lawfully, primarily in connection with the provision of insurance.  Full details can be found in our Privacy Notice at

For some insurers, their ability to provide services cross-border between the UK and the remaining EU states will change and depend on the contingency measures adopted. Where a UK insurer has not made arrangements to ensure continuity of service to EU clients we will actively seek alternative providers and products to ensure a continuity of service for our customers.

Lloyd’s is proposing to transfer certain EEA insurance policies to Lloyd’s Brussels. The proposed transfer will not change terms and conditions of any policy, except that Lloyd’s Brussels will become the insurer and Data Controller in respect of the transferred policies. Further information about the proposal (including whether it could affect your pre-transfer position), which policies are transferring, your rights and what you need to do can be found at