IVASS Regulation 59 establishes new fraud reporting rules

Insurance companies operating in the Italian compulsory motor third-party liability sector must now comply with a standardized reporting framework overseen by IVASS. The regulatory body introduced a new fraud prevention reporting model designed to track suspicious claims, organizational measures, and contract checks across domestic and foreign insurers alike.

Regulating Italian Motor Liability Fraud Prevention

The updated reporting requirements stem from IVASS Regulation No. 59, issued on September 22, 2026, and published in the Official Gazette No. 233 on October 7, 2026. This regulation replaces previous oversight guidelines established by ISVAP Regulation No. 44 from August 9, 2012, and IVASS Provision No. 1 from March 19, 2013. The updated framework formally entered into force on October 8, 2026.

The supervisory mandate applies broadly across the market. The compliance obligations cover insurance companies authorized in Italy for motor third-party liability, as well as European Union insurers operating in Italy either through a permanent establishment or under the freedom to provide services.

Four Statistical Tables and One Operational Questionnaire

Companies must submit data structured across four distinct numerical schedules alongside an operational questionnaire. The first two schedules, designated as MANFR_S2P1 and MANFR_S2P2, track claims verification metrics. MANFR_S2P1 records data categorized by province, damage position, management type, and reference year. This includes the total claims reported relative to risk units, claims exposed to fraud risk, files subjected to deeper review, closed files resulting from anti-fraud actions, formal legal complaints filed, and claims formally disowned by the insurer.

The MANFR_S2P2 schedule captures parallel metrics specifically for claims managed through the CARD agreement, which governs direct compensation and reimbursement mechanisms among insurers. This separation allows regulators to evaluate performance across different claim-handling channels.

Tracking Contractual Irregularities and Legal Complaints

Insurers must also report on legal actions and contractual anomalies through dedicated schedules. Schedule MANFR_S3P1 aggregates data concerning legal complaints and criminal charges linked to claims, tracking whether the insurer joined subsequent proceedings and the ultimate judicial outcomes.

Schedule MANFR_S3P2 focuses on complaints and legal filings connected to the underwriting phase and policy documentation. This covers identity theft involving the unauthorized use of personal data, simulated vehicle ownership arrangements involving fictitious registrations, and policies subsequently annulled due to those irregularities.

Evaluating Organizational Safeguards and IT Infrastructure

Beyond numerical tables, the reporting model requires completion of an organizational questionnaire detailing internal anti-fraud procedures. Insurers must disclose the systems and IT tools deployed during the contract underwriting phase—where documentation anomalies typically surface—and during the claim settlement phase, when questionable payout requests undergo evaluation.

The regulatory framework draws a clear line between claims simply exposed to fraud risk, defined by the presence of at least one specific risk indicator, and files subjected to deeper independent investigations requiring supplementary checks.

Annual Filing Deadlines and Exemptions

Firms must transmit their completed anti-fraud reports to IVASS by May 31 of each year. The filing requires prior approval from each company’s administrative governing body.

The regulation outlines specific exemptions for companies based on operational activity during the reference period. Insurers that managed claims exclusively without issuing new contracts are exempt from submitting schedule MANFR_S3P2 regarding contractual complaints. Companies authorized for motor third-party liability that did not write any business in the reference year are excused from filing the regulatory models entirely. Insurers submit the documentation electronically using technical instructions and Excel templates provided on the official IVASS database portal.

The transition to the new framework replaces the framework previously enforced by ISVAP Regulation No. 44 of 2012.