cryptohunter
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Brexit changed things for UK companies and their insurance. One big deal is that UK insurers can't smoothly operate across the EU anymore. So many of them set up shop in the EU to keep doing business there.
Now, there are different rules in the UK and the EU, making it tricky for companies with operations in both places. They have to figure out how to follow the rules in each area.
Also, the value of the British pound dropped after Brexit. This affects how much companies pay for insurance. Companies with business all over the world might see changes in how affordable their coverage is and need to think about currency risks in their insurance decisions.
Now, there are different rules in the UK and the EU, making it tricky for companies with operations in both places. They have to figure out how to follow the rules in each area.
Also, the value of the British pound dropped after Brexit. This affects how much companies pay for insurance. Companies with business all over the world might see changes in how affordable their coverage is and need to think about currency risks in their insurance decisions.