Italian Institute for Insurance Supervision warns of a counterfeit road carrier liability policy using SIAT’s name

The Italian Institute for Insurance Supervision (IVASS) issued a warning after a counterfeit insurance policy for road carrier civil liability and damage to transported goods was reported to it, falsely made out to SIAT Società Italiana Assicurazioni e Riassicurazioni per Azioni, which has disowned the document. IVASS urged customers to take precautions when assessing insurance offers and to verify, before paying any premium, that quotations and contracts relate to duly authorised insurers and intermediaries by consulting IVASS’s online registers and lists, including admitted Italian and foreign insurers operating in Italy, the registers for authorised intermediaries (including EU intermediaries), the list of supervised firms’ and registered intermediaries’ websites, and IVASS notices on counterfeiting, unauthorised firms and non-compliant websites.