St. Kitts Nevis Coat-of-Arms

St. Kitts Nevis Coat of Arms

Novus Centuriae, Inc.

It has been brought to our attention that the company Novus Centuriae, Inc. is purporting to be a registered insurer authorized to conduct insurance business in and from within the island of Nevis. The public is hereby notified that Novus Centuriae, Inc. is not licensed under the Nevis International Insurance Ordinance, 2004 (as amended) to conduct insurance business in and from within Nevis. Any representation to the contrary is false.

It has also been brought to our attention that Novus Centuriae, Inc. has engaged in unlicensed and unauthorized insurance business activity within the State of Michigan, U.S.A., having issued certificates of surplus lines insurance purporting to provide insurance coverage to certain individuals and businesses within that State.

In this regard, the public’s attention is drawn to the ‘Order To Cease and Desist’ issued and entered into on August 4, 2009 by the State of Michigan’s Office of Financial and Insurance Regulation (OFIR) citing Novus Centuriae, Inc. for several violations of the Michigan Insurance Code and ordering the company to immediately cease and desist from transacting the business of insurance in Michigan as an ineligible and unauthorized surplus lines insurer.

The full text of the Order may be reviewed from the OFIR’s website (http://www.michigan.gov/dleg) or accessed directly by using the link:http://www.michigan.gov/documents/dleg/Novus_Centurie__Inc._Cease_and_Desist_288409_7.pdf.

Members of the public proposing to enter into business transactions with Novus Centuriae, Inc. are hereby warned to exercise great caution.

For further information, please contact:
Nevis Financial Services Regulation and Supervision Department Tel: (869) 469-1469 or (869) 469-5521 Ext. 2150 Fax: (869) 469-7739 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Contact Information

 

Financial Services Regulatory Commission, Nevis Branch

P.O. Box 689, Main Street
Charlestown, Nevis
West Indies

Tel: (869) 469 - 1469
Fax: (869) 469 - 7739
Email:This email address is being protected from spambots. You need JavaScript enabled to view it. (Companies Registry and General Enquiries)

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. (Compliance Division)

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. (International Insurance Division)

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. (International Banking Division)

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