Gefion Insurance A/S
Failed 07 June 2021
Gefion Insurance A/S (“Gefion”), a Denmark-based insurance company entered into insolvency proceedings on 7th June 2021. It is no longer paying claims.
FSCS declared the firm failed (in default) on 7th June 2021 and is stepping in to protect the majority of policies Gefion sold to individuals and small businesses in the UK.
FSCS is working closely with the liquidator and the Danish Financial Supervisory Authority to understand the impact of the bankruptcy. We will continue to update this page with the latest developments.
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Denmark-based Gefion entered into insolvency proceedings on 7th June 2021. The firm sold a range of motor insurance products in the UK through a network of Managing General Agents (“MGAs”) made up of: Bollington, Cogent Insurance Services, J&M Insurance (CUA-Group), Prestige Underwriting, Pukka Insurance, Tansar and Staveley Head (One Sure Insurance Ltd).
Types of policies sold include private motor insurance, taxi insurance, fleet insurance and courier insurance.
Gefion’ has no live unexpired UK policies.
Further information can be found in the DFSA’s press release.
Contact information for Gefion's UK policy holders
Policyholders should use the email address below.
FSCS is helping eligible customers by paying claims made against protected policies. These policies must be validated by the appointed insolvency practitioner.
For third-party motor claims, the level of our protection is 100%. For other types of motor claims (e.g. own damage), our protection is 90%.
You can find more information on the FSCS protection rules and limits page.
If you need to make a claim, follow the instructions set out in your Gefion policy documentation.
If you need to check on the status of an existing claim, liaise with the claims handler who was previously dealing with your claim.
On 24 March 2020, the Danish Financial Supervisory Authority ordered Gefion Insurance to stop writing new business. As a result, there are no unexpired Gefion policies.
Further information can be found here: https://www.dfsa.dk/News/Press-releases/2021/GEfion_bankrupt_070621