Qudos Insurance Update

Situational Report as of 06/12/2018

Who is Qudos Insurance A/S and what has happened?
Qudos Insurance A/S is a private limited non-life insurance company incorporated in Denmark that has been offering insurance products within EU. The 27th of November 2018 Qudos Insurance A/S filed for liquidation (solvent). Attorney Anders M. Hansen was appointed as the liquidator by the General Assembly. In this connection, the Danish supervisory authority appointed attorney Boris Frederiksen from Poul Schmith to manage the liquidation together with attorney Anders M. Hansen.

Who Does this affect?
Customers who are insured with Qudos Insurance.

How do I Know if I am insured with Qudos Insurance?
You are insured by Qudos Insurance A/S, if Qudos Insurance A/S is stated in your insurance policy as the Insurance company. If not, you are not insured by Qudos Insurance A/S

What is Munstergroup Insurance doing to assist Customers?
Munstergroup Insurance Customer Solution

  • Private Car Policies – All policies were transferred to Gefion by 06/12/2018.
  • Standard Light Commercial Motor – All policies were transferred to RSA Insurance dac on 06/12/2018
  • Non-Standard Light Commercial Motor – All policies were transferred to Gefion Insurance A/S on 01/12/2018
  • All Fleet – All policies were transferred to Gefion Insurance A/S on 01/12/2018
  • Household – All policies were transferred to Gefion Insurance A/S on 06/12/2018

What do I need to do next?
If you are a customer of Munstergroup Insurance YOU HAVE NOTHING FURTHER TO DO. We have the solutions in place. If you are a customer of any other broker you need to make contact with your broker as soon as possible.
End.

munstergroup Insurance is one of the leading brokerages in the region providing insurance cover for your home, car, van, business and farm.

The financial services team within Munstergroup Insurance provide Health Insurance for individuals and families and offer impartial advice and assistance in the area of Pensions and Investments.

The munstergroup team of dedicated individuals provide quality service, impartial and expert advice and offer a range products to suit the individual needs of our valued customers.

Munstergroup Insurance provides our customers with Choice. We have access to over 50 insurers and offer impartial advice on the cover options available on the market.

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