Gefion Insurance – regarding the bankruptcy
After the bankruptcy, DFIM, as the national Green Card Bureau and Motor Guarantee Fund, covers claims caused by foreign-registered vehicles insured with Gefion.
Gefion Insurance A/S was a Danish insurance company that primarily sold motor insurance in both Denmark and other European countries. The company went bankrupt on 7 June 2021. In connection with the bankruptcy, Gefion Insurance A/S changed its name to Gefion Finans A/S.
Following the bankruptcy, DFIM, in its role as the national Green Card Bureau and Motor Guarantee Fund, covers claims caused by foreign-registered vehicles insured with Gefion, while the Danish Guarantee Fund for Non-life Insurance Companies covers claims caused by Danish-registered vehicles.
Gefion primarily provided insurance abroad through a network of agents and brokers acting on its behalf. This model was used in countries including Poland, Germany and France, from which DFIM has now taken over the coverage.
You can read more about the bankruptcy of Gefion on the website of the estate.