Brexit Deregulation Could Boost London Insurtech, PwC Says

Law360, London (July 17, 2017, 3:47 PM BST) -- London’s burgeoning insurance technology sector could reap clear benefits from Brexit if the U.K. relaxes domestic regulations in order to boost innovation, PricewaterhouseCoopers LLP predicted on Monday.

While uncertainty surrounding negotiations with the European Union could destabilize London as a global insurance center, the accountancy giant said that rolling back red tape after Brexit may be just what insurtech firms need.

“If insurers, regulators and government are able to work together to continue to allow cross-border insurance services post-Brexit, there is no reason to think London...
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