Bankrupted Alpha Insurance hits Zurich Insurance with lawsuit

A bankrupted Danish insurance company has launched legal action in the English High Court against insurance giant Zurich .

According to the High Court system as seen by City AM , Alpha Insurance has launched legal action against the Swiss insurer.

The case was filed last Wednesday to the Business List of the High Court, and marked down as a part seven claim, which is brought where there is a substantive dispute as to fact between two (or more) parties.

Alpha Insurance was a Danish insurance company that was declared bankrupt on 8 May 2018.

It was regulated by the Danish Financial Supervisory Authority, but operated in the UK on a freedom of services basis.

It is not yet clear what the case is about, but the bankrupted Alpha has instructed City law firm Mills & Reeve , while Zurich has opted for insurance law firm Clyde & Co.

City AM has reached out to Zurich and Mills & Reeve for comment.