Quotes from the news wire:
Most insurance companies or banks will not be able to deal with the Iranian flag as it is in effect dealing with the Iranian state.
Found on Reuters 3 years ago
For even a routine claim, I expect it to be quite difficult to process the payment for Iran, because sanctions are enforced so robustly, everyone is acutely aware of their obligations and there is a huge amount of caution in dealing with anything Iranian.
There will be a time period whilst all financial services and businesses sit there and work out what the opportunities are, what the risks are before re-engaging, some of the teething issues will need to be worked through.
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