There are numerous reasons why an insurer may decide to no longer continue with a particular insurance product / line of business.

The insurer needs to develop the strategy that best suits their reason for withdrawal from both a strategic and capital efficiency perspective.

At Ozon Solicitors we have the experience to advise on the most appropriate strategy whether it be retention of the book and run-off to expiry, outsourcing the run-off, portfolio transfer to or merger with another insurer or scheme of arrangement.