Analysis

Briefing: Gefion bankrupt - why do brokers lose their senses with unrated insurers?

By Saxon East 2021-06-16T13:25:00

bankrupt

Gefion’s bankruptcy repeats the familiar tale of unrated insurers

Gefion’s bankruptcy repeats a familiar tale of unrated insurers. The warning signs were there for all brokers to see. So, why was the unrated and under-capitalised Danish carrier able to form so many MGA and broker partnerships? 

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