Alpha Insurance

Alpha Insurance

Alpha Insurance A/S (Alpha) was declared bankrupt on 11 May 2018 and the Danish Financial Supervisory Authority has said that policyholders’ insurance coverage ended on 8 May 2018, so all policies will terminate on 11 August 2018.

This impacts on closed firms that have run-off cover with Alpha. Alpha was one of our participating insurers and wrote business up until 2015/16.

If you need to make a claim or check the status of an existing claim, you should still contact the claims-handling agent detailed in your Alpha Insurance policy documents. Firms that had paid for and secured run-off cover with Alpha will not have access to the Danish Guarantee Fund to claim for return of paid premium, but might benefit from Financial Services Compensation Scheme protection if they are an eligible business.

More information about the FSCS’s insurance compensation claim eligibility rules can be found here:

Go to the FSCS page

To make a return of premium claim, you will need to complete an online form on Alpha Insurance’s website. This form is currently being developed and you should keep checking the link on Alpha’s website for further updates.

Go to the Alpha Insurance website

 
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