Insurance Europe has today published two position papers relating to Brexit.

The first paper calls for a transitional arrangement that would help avoid a cliff-edge scenario and allow insurers that operate cross-border to fulfil their obligations to consumers.

The second paper relates to the transfer of personal data between the EU/EEA and the UK post-Brexit. It calls on the European Commission and the UK to launch adequacy assessment processes as soon as possible, with a view to recognising each other’s data protection frameworks in order to avoid business disruption.