Compliance

ARK Law provides advice on compliance for insurance companies and other financial institutions, including in relation to:

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• The operation of insurance companies under the Danish Financial Business Act

• Cross-border insurance activities and the setting up of branches

• The Danish Insurance Mediation Act/IDD (the Insurance Distribution Directive)

• GDPR

• Verification of insurance terms

• Rules on good practice

 

ARK Law has many years of experience advising insurance companies, insurance brokers and financial institutions on compliance.

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Over the years, our attorneys have provided advice on both the establishment of branch activities and cross-border insurance business, and advising on a wide variety of issues covered by the Danish Financial Business Act.

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We have assisted in the preparation of contracts on cooperation agreements and insurance mediation and provided advice on the new Insurance Mediation Act (IDD) on a continuous basis.

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In addition, over the years ARK's attorneys have assisted with the preparation, translation and verification of insurance terms within all industries, as well as providing extensive advice on good practice.