AIG to offer free Brexit advice to clients

Insurer teams up with global law firm to help policyholders map out the Brexit impact

Insurance News

By Louie Bacani

Major insurer AIG UK has teamed up with global law firm Dechert to offer free legal advice to an entire segment of policyholders regarding the impact of Britain’s exit from the European Union.
 
Dechert will offer an initial consultation at no additional cost to all AIG CorporateGuard clients on the impact of Brexit on business or planning issues.
 
The consultation includes best practice advice for Brexit planning, steps to mitigate risks and maximize opportunities, and the legal implications of Brexit on a particular sector or a client’s workforce.
 
“We continue to innovate to mitigate potential risks for our clients surrounding Brexit,” said Anthony Baldwin, chief executive of AIG’s Europe and UK divisions.
 
Dechert partner Miriam Gonzalez noted that the changing regulatory and trade landscape resulting from the Brexit vote are among the main risks threatening UK companies.
 
“We help companies to map out the impact that Brexit may have on their sector and their firm,” Gonzalez said.
 
“We also advise companies on steps to mitigate any risks that Brexit may bring and maximize opportunities, including how to try and shape the ongoing negotiations and new trade agreements to their advantage.”
 
 
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