How insurance brokers can help their clients through Brexit uncertainty
July 09, 2019 / Lauren Ingram
Times of political uncertainty can impact any industry, but especially the financial markets including insurance. Currently, the UK is waiting to see if the next Prime Minister will be Jeremy Hunt or Boris Johnson, and then the new leader will need to try and negotiate an increasingly difficult Brexit. This comes after former Brexit chief Philip Rycroft told the BBC that a no deal Brexit was “fraught with risk.” All this may seem concerning, but Tom Leonard (pictured), Allianz’s new London regional manager for the broker markets, believes that it’s an incredible opportunity for brokers. “I think you’ve got an enormous amount of change both politically with things like Brexit, then you’ve got things like macroeconomic change, and you’ve got challenges in the UK from a whole number of different factors like changes to regulation and social changes,” Leonard said.