Hiscox ready to move to Luxembourg upon Brexit

Insurer Hiscox will set up an EU hub in Luxembourg following Brexit, a move it says will not impact any of its 1,200 UK-based staff.
The decision is another win for Luxembourg as it competes with other European cities to win business post-Brexit, with Hiscox following rivals AIG and property insurer FM Global in choosing Luxembourg as its EU base.
see article
http://www.telegraph.co.uk/business/2017/05/09/hiscox-readies-life-post-brexit-luxembourg-hub/