Watch Out for the Scam: Fake Surety Policy with the Name Försäkringsaktiebolaget Alandia Discovered by IVASS

IVASS Alert: Fake Emails and PECs use the name of Alandia Försäkring. Here’s how to protect yourself.

What IVASS Discovered

On September 11, 2025, IVASS – the Institute for the Supervision of Insurance – published a statement to report the presence of a draft counterfeit surety policy in the name of the company Försäkringsaktiebolaget Alandia, which has officially disclaimed the document.

The policy, which appears to be regular, has been circulated on the market with the clear intent of deceiving businesses and private individuals seeking surety guarantees. In reality, it is a false document, completely lacking any legal value or insurance coverage.

The alert comes just days after a communication from FIN-FSA, the Finnish supervisory authority, which informed IVASS of Alandia’s surrender of its authorization in the Surety (Cauzione) line of business in Italy. The IVASS register was updated on September 3, 2025, with the official closure of the line of business.

How Scammers Operate

The dynamic is now well-known and recurring: the unlawful use of a real insurance company’s name to lend credibility to counterfeit documents.

In this case, the following were indicated as official contacts on the fake policy:

• PEC: alandiaforsakring@pec.alandiaforsakring.it
  
• E-mail: info@alandiaforsakring.it
  

Both addresses have been declared false and not attributable to the Alandia company.

The scammers exploit these mailboxes to send copies of policies, logos, digital signatures, and credible quotes, leading victims to believe it is a legitimate insurance product. The result, as always, is a non-existent surety and a lost payment.

Who Försäkringsaktiebolaget Alandia is and its position

Försäkringsaktiebolaget Alandia is an insurance company based in Finland, subject to the supervision of the Financial Supervisory Authority (FIN-FSA).

The company was authorized to operate in Italy under the freedom to provide services regime in various non-life insurance classes, including Class 15 – Surety (Cauzione), but has never issued surety policies.

On September 3, 2025, as officially communicated by FIN-FSA, Alandia surrendered its authorization in the surety class in Italy. Since that date, it is no longer authorized to issue or distribute sureties in the national territory.

The company has also denied any connection with the fake contacts and the counterfeit policy reported to IVASS.

How to Verify if a Guarantee Policy is Authentic

Verifying the validity of a surety policy is essential to avoid scams. IVASS recommends following a few simple yet effective steps:

1. Check the company on www.ivass.it
   
   Consult the “Elenchi delle imprese italiane ed estere” (Lists of Italian and Foreign Undertakings) section to check if the company is authorized and in which lines of business it can operate.
   
2. Consult the “Ramo Cauzione” (Surety Class) section
   On this page, you can find the list of authorized undertakings.
3. Search for the intermediary in the Registro Unico degli Intermediari (RUI – Single Register of Intermediaries) Only intermediaries regularly registered in the RUI or the European Union List can propose or sell surety policies.
   
4. Check the list of websites supervised by IVASS The Institute publishes the updated list of authorized websites and intermediaries.
   
5. Check the “Avvisi” (Notices) section
   Here you can find cases of counterfeiting, unauthorized companies, and irregular websites.
6. Always contact the company through official channels
   The real and verified addresses are always published on the website of the supervisory authority of the country of origin, in this case, the Finnish FIN-FSA (Financial Supervisory Authority).
   
   

What IVASS advises consumers and businesses

IVASS urges everyone not to trust suspicious documents or quotes and to verify every insurance proposal before payment. On the www.ivass.it website, the following are available:

The list of Italian and foreign undertakings authorized to operate in Italy

The list of undertakings authorized for the Surety Class

The Single Register of Intermediaries (RUI)

The list of websites supervised by IVASS

The list of notices on cases of counterfeiting and unauthorized companies

For assistance and reports, the IVASS Contact Center is always active at the toll-free number 800-486661, Monday to Friday, from 8:30 am to 2:30 pm.

What to Do if You Receive a Suspicious Policy

Have you received a surety in the name of Försäkringsaktiebolaget Alandia? Here is what you must do immediately:

• Do not sign and do not make any payments.
• Keep the documentation received (email, files, quotes).
• Contact IVASS to report the scam.
• Contact ItaliaFideiussioni.it: our experts can verify the authenticity of the policy for free and help you find a valid and secure surety.

Why Turn to ItaliaFideiussioni.it

transparent, and compliant sureties. We collaborate only with companies regularly registered with IVASS and certified intermediaries, guaranteeing secure and legally valid contracts for public tenders, rentals, consular procedures, or competitions.

Choosing a specialized consultant means protecting yourself from scams and saving time, money, and legal problems.

Frequently Asked Questions

The Försäkringsaktiebolaget Alandia case is yet another proof that the counterfeit surety market is constantly evolving. Scammers exploit the names of real companies and false addresses to deceive even the most attentive.
The solution? Prevention and verification. Always check, read carefully, and rely only on sector experts like ItaliaFideiussioni.it, which guarantees security, transparency, and legality at every step.