Club Restructure |
July 2020 |
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Transfer of Steamship Mutual Underwriting Association Limited’s European Insurance Business to Steamship Mutual Underwriting Association (Europe) Limited
As a result ofBrexit Steamship Mutual Underwriting Association Limited is transferring its historic European business – business relating to theEEA, Monaco and Switzerland – to Steamship Mutual Underwriting Association (Europe) Limited pursuant to Part VII of Financial Services and Markets Act 2000 (the “Scheme”).
On 2 December 2020 the Court sanctioned the transfer and the Order can be found below. Details of cancellation rights can be found in the Frequently Asked Questions section.
The documents below provide further information regarding the Scheme including details of what to do if you have any objections to it and will be updated from time-to-time.
Communications
Scheme Information
Independent Expert Documents
Information for Slovenian policyholders