Consumer Alert: Diversified Equity Group, Costa Mesa and Irvine, California, US

8 March 2007

Lloyd's has become aware that a firm called Diversified Equity Group with addresses of 600 Anton Blvd, Suite 1100, Costa Mesa, California and 19900 MacArthur Blvd, Suite 850, Irvine, California has been selling Commercial Performance Bonds allegedly issued and/or insured by Lloyd’s and/or various syndicates at Lloyd’s.

Diversified Equity Group does not and has never held any authority on behalf of Lloyd’s underwriters to bind or accept insurance business or issue insurance documentation or to state or imply that commercial performance bonds or any other financial products have been issued, authorised or backed by Lloyd's or Lloyd's underwriters or syndicates.

If you have been approached by Diversified Equity Group in relation to alleged insurance cover at Lloyd's or a relationship with Lloyd's regarding commercial performance bonds please contact Lloyd's Rachael Connor at rachael.connor@lloyds.com.

At this time we have no knowledge of any relationship between the entities listed above and any other entities operating under the name Diversified Equity Group or any similar name.



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Last updated on 20 Oct 2008