Top Class Insurance
16 Jan 06
The Financial Services Commission has today issued a warning to the
public regarding an entity calling itself "Top Class Insurance", which has
been distributing flyers in Gibraltar, promoting its services as an
insurance broker. It claims to be underwritten by the "UK's leading
The flyer provides contact telephones in Spain and an email address.
"Top Class Insurance" has never been regulated by the FSC, or licensed under
the Financial Services Act 1989 to carry on insurance mediation business
in or from within Gibraltar. Nor does it appear to be authorised to provide
insurance mediation services in Spain.
Enquiries conducted by the FSC have been unable to determine where "Top Class
Insurance" is incorporated or its business address. The FSC has recently been
made aware of the existence of another entity with a similar name, Top Class
Insurance Srl, of via Collamarini 14, 40138 Bologna, Italy with a website
www.topclass-group.it. This company
is not known to be connected to the subject of this warning and is therefore of
no concern to this Commission.
We therefore urge the public to exercise appropriate caution in respect of
this firm. People are also able to verify whether a firm is licensed by checking
our "Regulated Entities" section on our website.
Any persons who are already involved in any dealings with the above entity and have concerns should contact the Manager, Enforcement +350 200 40283 or by e-mail to [email protected].