Søe-Assurance Compagniet
', often referred to as ', was founded in 1728 as the first marine insurance company in Denmark. It held a monopoly on marine insurance in Denmark until 1786. History. Det Kongelige octroierede Søe-Assurance Compagni was founded in the Børsen building in Copenhagen in 1728. Its monopoly on marine insurance was challenged by and other major merchants and ship-owners towards the middle of the century. Its monopoly was finally lifted in 1783, leading to the formal establishment of De private Assurandeurer in 1786. The company existed until 1930. References.