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MFSA Warning - Hillwood Limited Insurance - Clone

12 Feb 2021 09:00 | Anonymous
The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entity operating under the name of Hillwood Limited Insurance Co Ltd (“the entity”) which has an internet presence at https://www.hillwoodlimited.com/. This website is making unauthorised use of a similar name and reference to the registered office address of a Maltese registered company, Hillwood Ltd (C 74031).
The entity presents itself as being “the biggest property and casualty insurer in Malta”, saying that “Since 2016, Hillwood Limited Insurance Co., Ltd. ("HL") has been delivering exceptional property and casualty insurance products and services to businesses and individuals.”, and that “HL offers, a commercial package, automobile policy, commercial umbrella and workers' compensation”.
The Authority would like to inform the public that Hillwood Limited Insurance Co Ltd is NOT a Maltese registered company NOR licensed or otherwise authorised by the MFSA to provide any financial services which are required to be licensed or otherwise authorised under Maltese law. Additionally, https://www.hillwoodlimited.com/ has NO association with Hillwood Ltd (C 74031).
The website https://www.hillwoodlimited.com/ therefore appears to be a clone of the legitimate company and the public should therefore refrain from undertaking any business or transactions with the false entity.
               

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