The UK’s decision to leave the EU has led to some uncertainty as to the ability of UK companies’ to trade within the single market post exit.

It will be some time before we have clarity on this issue but we do know that once Article 50 has been triggered, the UK will have two years to negotiate its withdrawal. Given that the terms of the UK’s exit will have to be agreed by 27 national parliaments, the process could take considerably longer. During this period European Union law will stand in the UK until it ceases to be a member. The UK will continue to abide by EU treaties and laws, but not take part in any decision-making.

The TT Club and its managers Thomas Miller are committed to meeting the long term needs of its European members. As such we are proactively considering the best way, for the Club to retain access to the single market and to ensure members continue to receive the high quality service to which they have become accustomed.

We will keep you advised of progress but please be assured of our ongoing and long term commitment to conducting business in Europe.

If you have any questions, please contact Mikaela Revel, Marketing Executive at TT Club mikaela.revel@thomasmiller.com.

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Through Transport Mutual Insurance Association Limited and TT Club Mutual Insurance Limited, trading as the TT Club. TT Club Mutual Insurance Limited, registered in the UK (Company number: 02657093) is authorised by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and Prudential Regulation Authority. In Hong Kong, TT Club Mutual Insurance Limited is authorised and regulated by the Hong Kong Insurance Authority, in Singapore by the Monetary Authority of Singapore and in Australia by the Australian Prudential Regulation Authority. In the United States, TT Club Mutual Insurance Limited is approved as a surplus lines insurer in all states and is accessible through properly licensed surplus lines brokers. The registered offices are: 90 Fenchurch Street, London, EC3M 4ST.

Through Transport Mutual Insurance Association Limited, registered in Bermuda (Company number: 1750) is authorised and regulated in Bermuda by the Bermuda Monetary Authority and is authorised in the UK by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and Prudential Regulation Authority.

The UK VAT Identification number for Through Transport Mutual Insurance Association Limited is: GB 564 5244 35 and for TT Club Mutual Insurance Limited is: GB 564 3375 30. The Italian VAT Identification number for TT Club Mutual Ltd is: 03627210101.