The Danish Financial Supervisory Authority (DFSA) has announced that Gefion has been declared bankrupt.
Although there are no remaining live policies in the UK, claims may still be made against Gefion policies, and a number of previously-submitted claims currently remain unsettled, the UK regulator Financial Conduct Authority said in a statement on 7 June.
Gefion Insurance A/S (Gefion) is an insurance firm authorised and regulated by the DFSA.
It operated in the UK on a freedom of services basis which means that some customers, both individual and small businesses, based in the UK have held policies with the firm.
Gefion sold a range of motor insurance products in the UK through a network of Managing General Agent…
Read the full article at: https://www.internationalinvestment.net/news/4032503/danish-insurer-sold-products-uk-goes-bankrupt
