FSCS "standing ready" to deal with customer impact from Gefion


Jimmy Barber, chief operating officer at the Financial Services Compensation Scheme (FSCS), has stated that the organisation is ready if it has to step in to help policyholders of Gefion.

The unrated Danish provider went into solvent liquidation earlier this week after the Danish Financial Services Authority withdrew its insurance license.

“We wouldn’t necessarily get involved in a solvent run-off, but we would protect the UK business if the situation were to change in terms of their ability

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: