Top 10 Best Insurance Companies in Denmark for Expats

Relocating to Denmark can be both exciting and overwhelming, especially when trying to sieve through the insurance companies so as to settle for the best as a foreigner. The Danish insurance market is one of the most mature and transparent in Europe, which is why expats from Germany, the U.S., Canada and other EU nations often find it easy to integrate into the system. 

However, choosing the right insurance company still requires guidance. After more than ten years working as an insurance agent across Europe, I have created this detailed guide to help you understand the top 10 best insurance companies in Denmark for expats based on reliability, premiums, financial strength, and customer satisfaction.

This list also examines each insurer’s history, office locations, customer base, policies offered, and market performance. Therefore, you will have all the information you need to make informed decisions.

1. Tryg Forsikring

Best Overall Insurance Company in Denmark for Expats

Tryg is one of the largest and most trusted insurance companies in Denmark. Founded in 1731, the company has grown into a Nordic insurance powerhouse with operations spanning Denmark, Norway, and Sweden. Tryg’s headquarters is located at Klausdalsbrovej 601, 2750 Ballerup, Denmark.

Today, the company serves more than 4 million customers across the Nordic region and maintains over 100 branch offices in Denmark. Because they operate in multiple countries, expats often find it easier to transfer relevant insurance histories from other EU states.

Tryg sells a wide range of insurance products, including:

• Health insurance tailored for foreigners who need faster specialist access. It includes extended physiotherapy, mental health support, and private hospital treatment.
• Motor insurance designed for expats bringing their cars from Germany or the Netherlands, with flexible international coverage.
• Home and renters insurance covering damages, theft, and liability, especially useful for newcomers renting apartments in Copenhagen.

Tryg’s market capitalization sits comfortably above DKK 80 billion, making it one of Denmark’s strongest financial institutions. Therefore, expats can rely on stability, fast claims, and predictable premiums.

2. Topdanmark

Best for Affordable Insurance Premiums for Expats

Topdanmark ranks as the second-largest insurance provider in Denmark. Founded in 1972, it is headquartered at Borupvang 4, Ballerup. This insurance provider serves more than 1 million private customers and operates several offices across Denmark.

Many expats choose Topdanmark because it offers lower premiums compared to other major providers, especially for:

• Car insurance for expats with foreign driving histories
• Contents insurance for rented apartments
• Accident insurance for foreigners working in Denmark

Although Topdanmark prioritizes competitive pricing, it still maintains excellent financial performance with a market capitalization of more than DKK 30 billion. Their customer service team also provides English support, which is a huge advantage for non-Danish speakers.

Also Read:

• Top 10 Largest Reinsurance Companies in Germany
• 10 Best Insurance Companies in Austria for Expats
• Top 10 Largest Insurance Companies in Luxembourg for Expats

3. Alm. Brand

Best for Expats Seeking General and Banking Insurance Solutions

Alm. Brand has existed since 1792, making it one of Denmark’s oldest financial institutions. The headquarters is located at Midtermolen 7, 2100 Copenhagen. Alm. Brand serves more than 600,000 customers and manages a network of branches across Denmark.

Because Alm. Brand owns both insurance and financial subsidiaries, expats who need both banking and insurance under one roof often choose them. They provide:

• Car, travel, and home insurance
• Life and pension insurance
• Business insurance for expats starting companies in Denmark

Their financial stability improved significantly after merging with Codan Denmark in 2022, strengthening their market share and premium volume.

4. Codan Forsikring

Best for International Expats from the U.S. and UK

Codan was established in 1916 and is one of Denmark’s most internationally recognized insurers. Their head office is at Gammel Kongevej 60, 1850 Frederiksberg. Codan serves close to 500,000 customers and is popular among expats because of its English-language support and global experience.

Codan was long owned by RSA Group (UK), and although ownership structures have changed, their international culture remains strong. Therefore, U.S., British, and Canadian expats often find them familiar.

Codan offers:

• Robust property insurance with high limits
• Car insurance with global assistance partnerships
• Travel and health coverage suited for frequent flyers

Their underwriting capacity is strong, and they remain one of the highest premium-generating insurers in Denmark.

5. GF Forsikring

Best Cooperative-Style Insurance Company for Foreigners

GF Forsikring operates as a mutual insurer owned by its members. This structure means profits return to customers as refunds. Founded in 1967 and headquartered at Gefionsvej 8, 3400 Hillerød, GF serves over 350,000 customers through its network of more than 40 local branches.

Expats prefer GF for three main reasons:

• Rates are usually more stable because the company is not profit-driven.
• They offer excellent liability insurance, which every expat needs.
• Claims are processed quickly thanks to their simplified internal structure.

Their premiums grow steadily every year, and they are known for extremely transparent pricing.

6. Sygeforsikringen “danmark”

Best for Health Insurance for Expats in Denmark

Sygeforsikringen “danmark” is a non-profit health insurance association founded in 1973. It is headquartered at Palægade 5, 1261 Copenhagen. Today, it serves over 2.5 million members, making it the largest supplementary health insurer in Denmark.

Although public health insurance covers everyone living legally in Denmark, many expats still join “danmark” because it pays high reimbursements for:

• Dental care
• Physiotherapy
• Glasses and contact lenses
• Specialist treatments

Because health costs can be high for foreigners, “danmark” remains one of the first policies most expats purchase.

7. PFA Pension

Best Pension Insurance Provider for Long-Term Expats

PFA Pension is Denmark’s largest commercial pension provider, founded in 1917. Their main office is in Sundkrogsgade 4, 2100 Copenhagen. They serve more than 1.3 million customers and manage over DKK 600 billion in pension assets.

Foreign professionals working in Denmark often need strong pension and life insurance packages. PFA offers employee pension schemes that include:

• • Life insurance
  • Critical illness insurance
  • Income protection insurance

The fact that many foreigners stay long-term, PFA’s flexible pension transfer options help them move contributions abroad when relocating.

8. Sampension

Best for Expats Working in the Public Sector

Sampension is a major pension and life insurer serving many public-sector employees in Denmark. Founded in 1945 and headquartered at Tuborg Boulevard 3, Hellerup, Sampension manages assets exceeding DKK 300 billion.

Expats working in government institutions, universities, public hospitals, or NGOs often join Sampension automatically. The insurer provides:

• Life and disability insurance
• Work injury insurance
• Comprehensive pension saving plans

Their premiums remain low because they operate partially as a non-profit organization.

9. AP Pension

Best Customer-Owned Pension and Insurance Company

AP Pension is another customer-owned insurer established in 1919. The company’s headquarters is at Østbanegade 135, 2100 Copenhagen. AP Pension manages over DKK 150 billion in assets and serves nearly 400,000 customers.

Expats who want complete control over their pension investment approach often choose AP Pension. Their customer-owned model ensures lower costs and better returns. They also offer:

• Life and accident insurance
• Pension savings with investment customization
• Health and disability insurance

AP Pension is known for unbiased and transparent customer support because it operates as an independent brand.

10. Lærerstandens Brandforsikring (LB Forsikring)

Best Niche Insurance Company With Exceptional Customer Satisfaction

LB Forsikring was founded in 1880 and originally served teachers, but it now includes several other professional groups, such as engineers and lawyers. Headquarters: America Plads 15, Copenhagen. With more than 400,000 policyholders, LB Forsikring remains Denmark’s highest-rated insurance company in customer satisfaction surveys.

Although membership is limited to certain professions, many expats working in education or technical fields qualify. LB offers:

• Property and contents insurance
• Car insurance with very low premiums
• Accident insurance

Because LB returns profits to members as bonuses, customers enjoy some of the most competitive premiums in Denmark.

What Expats Must Know Before Choosing an Insurance Company in Denmark

Foreigners living in Denmark should consider several key factors before selecting an insurance company. Denmark has strict insurance regulations, and policies differ slightly from those in Germany or the United States. Below are important considerations:

1. Liability Insurance Is Highly Recommended

Although not legally required, personal liability insurance is considered essential in Denmark. It protects you if you accidentally damage someone’s property or cause injury.

2. Car Insurance Is Mandatory

Third-party liability insurance is required for all vehicles. Comprehensive (kasko) insurance is optional but advisable for expats driving new cars.

3. Supplementary Health Insurance Saves Money

Public healthcare covers basic services. However, dental care and some treatments require out-of-pocket payment unless you have private health insurance like “danmark.”

4. Housing Insurance Is Necessary for Expats

Landlords may require renters insurance. Even if they don’t, it protects personal belongings and covers fire, theft, and water damage.

5. Pension Schemes Matter for Long-Term Expats

Foreign workers staying more than two years should consider pension contributions, as they can be transferred later in many cases.

Also Read:

• 10 Major Challenges Facing the Modern Insurance Industry
• Top 10 Best Insurance Companies in the Netherlands for Expats
• Top 10 Largest Insurance Companies by Premiums in Switzerland

Conclusion

Denmark offers a highly organized, transparent, and reliable insurance system. Whether you are an expat from Germany, the U.S., Canada, or anywhere in Europe, choosing the right insurer will help you feel secure and financially stable. The companies reviewed in this article represent the best insurance companies in Denmark for expats based on premiums, customer support, market stability, and product flexibility.

Tryg, Topdanmark, and Alm. Brand dominate the market with broad offerings. Meanwhile, “danmark” and PFA Pension offer essential health and pension protections that every expat should consider.

With this guide, you now have a complete picture of the insurance industry in Denmark. Therefore, you can confidently choose the insurance provider that best suits your lifestyle, employment type, and long-term plans.