Investor Alerts - BVI BOAT INSURANCE

Company: BVI BOAT INSURANCE
Regulator: British Virgin Islands Financial Services Commission
Jurisdiction: British Virgin Islands
Date: 20231128 28 Nov 2023
Link: https://www.bvifsc.vg/library/alerts/public-statement-27-2023-bvi-boat-insurance
Subject: Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)
Comments: BVI BOAT INSURANCE is using the website address https://www.bvi-boat-insurance.com/ and is purporting to be offering boat insurance in or from within the BVI for all types of boats, including motor yachts, sailing yachts, semi-rigid boats, dinghies, sailing yachts, catamarans, barges, houseboats and jet skis. BVI BOAT INSURANCE is purporting to provide boat insurance policies which cover liability, collision and comprehensive types of coverage. The public is informed that insurance business and insurance broker business are regulated activities and may only be carried on in or from within the BVI by entities that are licensed and regulated by the FSC.