Counterfeit policies, ghost websites were not enough. Ivass now also reports foreign companies without authorization to operate in Italy

Counterfeit policies, ghost websites were not enough. Ivass now also reports foreign companies without authorization to operate in Italy

ROME - Ivass has announced in an official statement that Generali Spa Uk Ltd, based in the United Kingdom, "is not authorized to carry out insurance activities in Italy, it is not registered in the Register of authorized companies exercising the insurance business in the United Kingdom (The Financial Services Register) and is not part of the Generali group ". The aforementioned company, according to a series of reports, would have tried to sell a counterfeit collective policy in Italy for the cases of death and permanent disability following an accident and illness.

Always of these hours a new communication of the Supervisory Institute that warns customers and intermediaries about the company Versicherung Credit Protection Spa. The company is not among those authorized to carry out insurance activity in Italy, but it would have tried to to market a multi-risk policy in Italy (life, accidents and illness).