UK: ‘Brexit’ Would Damage UK’s Leadership Position in Insurance: Aon
Wednesday, 06 22 2016, Category: Insurance and Reinsurance, Country: United Kingdom
Aon Plc Chief Executive Officer Greg Case, who moved the insurance broker to London from Chicago four years ago, said the U.K.’s centuries-long leadership in the industry would be damaged if voters choose to leave the European Union.
“The U.K. has been at the center of insurance and risk management since maritime trade and shipping was insured at Lloyd’s in the City of London more than 325 years ago,” Case said in a letter posted Monday on the company’s website. “Leaving the EU jeopardizes the U.K.’s leading position in the epicenter of our global service economy.”
Source: Insurance Journal