The Italian Institute for Insurance Supervision (IVASS) has warned that a surety guarantee is being marketed in the name of Eurocredit Ltd, a company that is not authorized to conduct insurance business in Italy. The guarantee resembles products flagged by IVASS in November 2024. IVASS advised consumers to confirm before paying a premium that insurance quotes and contracts are attributable to authorized insurers and intermediaries. Checks should include the registers of insurers and intermediaries permitted to operate in Italy, the list of insurers authorized for surety business and related online policy verification methods, and IVASS warnings concerning counterfeiting, unauthorized companies and noncompliant websites.
Source: 2026-09-29Italian Institute for Insurance Supervision (IVASS)
Italian Institute for Insurance Supervision warns Eurocredit Ltd is not authorized to provide insurance in Italy
The Italian Institute for Insurance Supervision warned that Eurocredit Ltd is not authorized to conduct insurance business in Italy after a surety guarantee was marketed in its name. Consumers should verify insurers, intermediaries and surety policies through IVASS registers and warning lists before paying a premium.