What is Ecclesiastical doing about Brexit?

28 February 2019

With the political situation still unclear, Ecclesiastical has put plans into place to reduce any impact for customers.

Brexit strategy

Ecclesiastical is registered in the UK, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. While the UK is a member of the European Union this allows us to use passporting rights to write business in other EU countries including the Republic of Ireland where we have an office in Dublin. After Brexit these rights may cease and we need to find alternative ways of helping our customers.

Customers and brokers in the Republic of Ireland

For our customers and brokers in the Republic of Ireland, subject to regulatory authorisation from the Central Bank of Ireland, our Dublin Office will continue to serve you in the normal way. We have an application well underway with the Central Bank of Ireland for Third Country Branch authorisation and this application is progressing through their authorisation process. 

UK customers with EU cover

For existing customers and brokers with UK-based policies we do not expect to have to make any changes. Where an element of cover such as public liability extends into the EU or worldwide this will continue.

Where an element of property exposure (such as fine art) is covered in another EU country we are looking at individual policies to determine if we will be able to continue or renew the policy after 29 March. For the vast majority this will be the case, although any locations in the Republic of Ireland may be underwritten from renewal by our Dublin branch. For a very small number of customers with buildings insured abroad we may not be able to continue and these customers or their brokers will be contacted individually well in advance to discuss what arrangements can be made.

Travel cover

If customers suffer cancellation or disruption of travel due to Brexit, they should seek recourse from their travel provider as this is not covered under our policies.  The ABI has issued more guidance on travel insurance and Brexit here.  Cover for medical treatment is unaffected but customers should also note that if the European Health Insurance Card (EHIC) and reciprocal public health insurance arrangements cease, it may not be possible to reduce the excess when claiming under the policy by obtaining free treatment through these means. 

We will issue further communications and keep customers up to date but if you have any questions please contact your normal contact point at either Ecclesiastical or your broker.