“This company does not have approval”: insurance supervisor warns of a Zebrance scam

Alert on the insurer Zebrance. For several weeks, the company has presented itself as “digital insurance, at the service of human beings” and has advertised in several media. Problem: this is a scam that the supervisor is warning about this Friday, advising victims to “file a complaint as soon as possible”. “This company does not have an authorization” and “is therefore not authorized to carry out direct insurance operations in France”, declares in a press release the Prudential Control and Resolution Authority, watchdog of the sector, specifying that “the contracts issued by this company were worthless”.

Zebrance does not appear to have any advisor, the telephone number provided directs you to the website to sign up for a contract at ultra-competitive rates. According to the voicemail, the pseudo-insurer is “based in Dover in the United States” (in Delaware, a sort of American tax haven) and is distributed “worldwide” with the exception of 24 territories, Korea from the North to Nicaragua, via Syria or even the “Republic of Donetsk”, a Ukrainian region whose existence is not recognized by the overwhelming majority of the international community.

“Given the risk represented by Zebrance which issues false green cards misleading consumers, we have decided to publish an alert so that people who have taken out a contract via this site can file a complaint and take the necessary steps to take out insurance automobile with an authorized insurer and be truly covered,” specified the ACPR. In addition to having money taken, the customer is not insured.

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In the event of an accident, the consequences can be tragic. If the Victims' Guarantee Fund compensates victims of traffic accidents when the responsible driver is not insured, the latter must then reimburse the fund. A financial burden that can weigh very heavily for the rest of your life. Personal data transmitted to Zebrance could also be resold and used in other scams. For the moment, it is difficult to know how many people have been fooled, but the number of victims could be increased tenfold by the strategy of Zebrance, which offered sponsored content in several media, as reported by 60 million consumers , who had already sounded the alarm at the end of October.