Qudos Insurance - deadline to report a claim to the Guarantee Fund is 20 June 2019
Under section 6 of the Guarantee Fund Act, compensation claims that are to be covered by the Guarantee Fund must be notified to the Guarantee Fund no later than 6 months after the bankruptcy decree was issued on 20 December 2018. Therefore, deadline to report a claim for compensation expires on 20 June 2019.
Mandatory membership of the Danish Guarantee Fund for Non-Life Insurers
As of 1 January 2019 all direct providers of non-life insurance in the EU/EEC which through branches or cross-border services provide (or wish to provide) non-life insurance in Denmark, are obliged to be a member of the Danish Guarantee Fund for Non-Life Insurers
By a decree issued by the Maritime and Commercial Court in Copenhagen on 20 December 2018, Qudos Insurance A/S filed for bankruptcy. In that connection, the Court of Appeal appointed Attorney Boris Frederiksen from Kammeradvokaten/ Poul Schmith as insolvency administrator