Membership
Insurance companies covered by the Danish Guarantee Fund for Non-Life Insurance Companies are required to be members of the scheme.
Mandatory membership of the Guarantee Fund
The following insurance companies must be a member of and contribute to the Guarantee Fund:
All non-life insurance companies based in Denmark
Non-life insurance companies based in a country within the EU/EEA that has been notified by the Danish Financial Supervisory Authority to carry out insurance business in Denmark through a branch or cross-border service business.
All life insurance companies based in Denmark with permission by the Danish Financial Supervisory Authority to carry out industrial injury insurance.
Life insurance companies based in a country within the EU/EEA that has been notified by the Danish Financial Supervisory Authority to carry out industrial injury insurance business in Denmark through a branch or cross-border service business.
Please note that companies mentioned in dot 2, who only carry out motor liability insurance, are not obligated to register as a member or pay contribution to the Danish Guarantee Fund for Non-Life Insurers.