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

Over one in three drivers still unfamiliar with Telematics
New research from Consumer Intelligence highlights a significant disconnect between the insurance industry's use of terminology and consumer unde
Nearly £200 million paid in cyber claims last year
The ABI has called for cyber insurance to become a part of every organisation’s modern risk management strategy, as its latest figures show £197 milli
Extend salary sacrifice to lower paid staff
Andrew Timpson, employment tax partner at RSM UK explains why the Autumn Budget presents the ideal opportunity to extend salary sacrifice to lower pai

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.