Managing agents face dilemma on use of Lloyd's Europe

With the decision on the location of Lloyd's
Brexit-workaround subsidiary taken, managing agents must now take a
call on whether to use it or to pursue their own contingency plans
in parallel.
The Franchise Board's support for a Brussels subsidiary won
plaudits, as it will give Lloyd's access to an experienced and
collaborative regulator, as well as a strong position for future EU
growth.
Just as importantly, it looks likely to minimise disruption to
its existing business, with multiple sources.