General Insurance Article - Alpha Insurance A/S declared bankrupt


Alpha Insurance A/S ('Alpha') is an insurance firm authorised and regulated by the Danish Financial Supervisory Authority. It operates in the UK on a freedom of services basis which means that some customers, both private and commercial, based in the UK may have a policy with the firm.

 The Danish FSA has announced that Alpha has been declared bankrupt. UK policyholders need to find alternative cover as soon as possible.

 Existing Alpha insurance policyholders should immediately contact their insurance broker or firm who sold them their policy in the first instance in order to seek new insurance cover.

 It is possible that the Danish Guarantee Fund may cover some existing policies, primarily for policyholders with private insurance, until 5 June 2018. 

Back to Index


Similar News to this Story

London Market remains a global leader but challenges remain
The London Market has doubled in size over the last c.10 years. It is worth $187bn in GWP, up 17% from 2022. It now contributes £61bn to overall UK GD
ABI strategy to improve trust, resilience and effectiveness
In its new 2026-28 strategy, the ABI reaffirms its commitment to building a trusted sector, investing in people and planet and shaping an effective ma
The ABI strengthens member decision making
ABI Board and member group governance refresh to elevate and align decision-makingNew pension group to focus on the Bulk Purchase Annuity market and i

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.