Søren Theilgaard

Søren Theilgaard

Advokat / Senior Counsel, Denmark

My service areas

  • Banking and Finance
  • Capital Markets
  • Corporate and M&A
  • Data Protection
  • Dispute Resolution
  • Insurance and financial services
  • International Arbitration
  • Transport


Søren Theilgaard is a Danish attorney (advokat) and Senior Counsel at Magnusson. He has been practising law in the international environment for 45 years. From 1993 he was Company secretary / General Counsel at Codan Insurance. During 2010 – 2015 he was Head of Nordic Legal Department at AIG Insurance. He has focused on international contract law and Regulatory Law for Financial Institutions supplemented by mergers and acquisitions, corporate law and license and distribution contracts. Søren has experience working for multinational companies and understanding legal systems in many foreign jurisdictions.

Professional experience

Advokat / Senior Counsel 2016 – to date

AIG Europe Copenhagen
Head of Nordic Legal Department 2010 – 2015

Maritime and Commercial Court of Copenhagen
Expert member 2007 – 2014

Codan Insurance Copenhagen
General Counsel 1993 – 2008

Qviste & Theilgaard Law Firm Denmark
1980 – 1993

Bredgade 3 Law Firm
1969 – 1980

Expert member of the Danish Maritime & Commercial Court
2008 – 2014

Member of ICC Commission on Commercial Law and Practice

General insurance experience, including financial regulatory matters, guidelines and compliance, assignment of insurance portfolios

Participation in Mergers & Acquisitions activities, e.g. merger of Carlsberg – Tuborg (Breweries 1972), merger Hafnia – Haand i Haand (Insurance 1974), merger Nye Danske Lloyd (Insurance 1976), purchase Hafnia Insurance and merger with Codan Insurance (1993), purchase Trekroner Insurance (2002), purchase AB Lietuvos Draudimas, Lithuania (Insurance 1999) and AAS BALTA Latvia (Insurance 2001)

Managing sale of Codan’s Life- and Pension Insurance companies (2004), sale of BALTA Life, Latvia (2005)

Participation in Initial Public Offerings, e.g. Kompan A/S (playground equipment) and Brondby Football Club. Quotation of Bonus Shares and Subscription Shares for Codan A/S and managing relations with Copenhagen Stock Exchange for Codan

Speaker at seminars on Incoterms® 2010, Insurance Contract Law, Cross Border Insurance Activities, Economic Sanctions, Environmental Pollution.


  • LLM from Copenhagen University Law School
  • Master of Law (University of Copenhagen)

Bar admission

  • Right to appear before the Supreme Court
  • Admitted in Denmark (Advokat)


  • Danish
  • Scandinavian languages
  • English
  • German