Offshore Health and Travel Benefits - Advisory Warning No. 3 of 2008

Summary

This is a public advisory warning issued by the British Virgin Islands Financial Services Commission alerting the public that an entity called Offshore Health and Travel Benefits is not licensed or authorised to conduct insurance or any other regulated financial services business in or from within the BVI.

• Unauthorised activity: Offshore Health and Travel Benefits solicited insurance business via its website (www.tilloglobe.com) and a local press advertisement, offering global health coverage and access to hospitals and providers in the Virgin Islands.
• Commission finding: The Commission has not assessed the entity as fit and proper to conduct insurance or any financial services business in or from the BVI.
• Public guidance: Members of the public are advised to exercise extreme caution when dealing with this entity and to report any information about it or other unlicensed entities to the Commission.

The notice is informational and does not create any ongoing compliance obligations for licensed entities; it is intended to protect consumers from an unauthorised provider.