Fronting Agreement (Insurance) Template for Denmark

1. Collateral Requirements: Used when the fronting insurer requires security from the reinsurer, specifying form and amount of collateral

2. Claims Control Clause: Included when the reinsurer requires control over claims above certain thresholds

3. Cut-Through Provisions: Optional provisions allowing direct access by insureds to reinsurer in specific circumstances

4. Intermediary Involvement: Required when brokers or other intermediaries are involved in the arrangement

5. Sanctions Clause: Detailed provisions for compliance with international sanctions, particularly relevant for international business

6. Service Level Requirements: Included when specific performance metrics need to be maintained

7. Data Protection: Detailed GDPR compliance provisions when significant personal data processing is involved

8. Brand Usage: When the fronting insurer's brand needs to be used in policy documentation

1. Schedule A - Business Plan: Detailed business plan including projected premium volume, classes of business, and territories

2. Schedule B - Commission Structure: Detailed breakdown of commission calculations and payment terms

3. Schedule C - Reporting Templates: Standard formats for regular reporting requirements

4. Schedule D - Claims Handling Procedures: Detailed procedures for claims handling, including authority limits and escalation processes

5. Schedule E - Underwriting Guidelines: Detailed underwriting criteria, limits, and excluded risks

6. Schedule F - Service Levels: Specific service standards and performance metrics

7. Appendix 1 - Policy Wording Templates: Standard policy wordings to be used in the fronting arrangement

8. Appendix 2 - Required Forms and Documents: Templates for operational documents and forms

9. Appendix 3 - Contact Details: Key contact information for both parties' operational teams