The British insurance firm Lark Music has acquired a Dublin-based business in order to stay in line with EU law after October 31.
Here’s what they are telling musician clients:
As you will be aware, Lark Music currently arranges your musical instrument policy.
You will of course have seen that there is still uncertainty over the outcome of Brexit negotiations between the UK and the EU, and so we are writing to update you on our plans to ensure continuity of service and cover for you and your instrument.
We recognize that a decision on “Deal or No Deal” or any “Transition Period” may not become clear until very close to the 31st October deadline. This uncertainty is not helpful to us as a business, or to our valued clients. We have therefore taken the decision to commit to putting in place the required structure now, that will allow us to continue to service our EU clients going forward, irrespective of any political outcomes around Brexit.
As you may know, Lark Music is part of the Aston Lark Group, one of the leading independent broking groups in the UK. In March this year, Aston Lark acquired a business called Robertson Low Insurances Limited, based in Ireland. This means we now have an EU trading and regulated entity within our group.