Italian fintech A-Cube raised €4 mn to expand tax reporting platform
Fintech A-Cube raised €4 mn led by P101 to expand its API-first tax reporting platform across Europe and add AI-driven compliance tools
🇮🇹 Italy Insurance News
Latest insurance news from Italian insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from Italy.
Wopta Assicurazioni raises €5 mn to expand insurtech platform
Wopta Assicurazioni raised €5 mn, topping €20 mn since 2022, as it expands distribution, acquires brokers, and targets SMEs
Italian ViteSicure raises €2.5 mn to scale life insurtech
ViteSicure raised €2.5 mn in the first Series A tranche to expand life and protection insurance distribution, technology, and AI in Italy
ISAAC antisismica raised €14 mn for seismic damper tech
Italy’s ISAAC antisismica secures €14 mn to scale active mass damper systems protecting existing buildings from earthquakes without structural changes
Italian startup Intuos raises €720 k to digitise general aviation fleets
Italian startup Intuos secures €720k to expand fleet management platform into the US after Europe growth and South Africa distribution deal
Italian insurance market grows toward €150 bn as non-life stays strong
Italy’s insurance market expanded through 2025, with non-life premiums rising about 8.5% and digital adoption reshaping distribution and risk models
Optio Group takes full control of Italian MGA Heca
Optio Group acquires the remaining stake in Italian MGA Heca, marking its fifth deal in a year as it accelerates European expansion
Berkshire Hathaway launches primary casualty policies as Italy expansion continues
Berkshire Hathaway Specialty Insurance expanded in Italy with modular primary casualty coverage for national and multinational risks, written on a net basis without reinsurance
INNOVA joins EU-backed HARD2SCALE project to scale deep-tech for industry
INNOVA joined the EU-funded HARD2SCALE initiative to support scaling deep-tech solutions for energy-intensive and hard-to-abate industries across Europe
SaaS startup MotorK raises extra €3 mn debt from Atempo to bolster balance sheet
Milan-based MotorK secures an additional €3 mn tranche from Atempo Growth, extending existing debt to support liquidity and corporate needs
Italy fines Ryanair €256 mn over alleged abuse of travel agencies
Italy’s antitrust authority fines Ryanair €256mn, accusing the airline of blocking agency bookings and restricting competition. Ryanair plans to appeal.
Insurtech Liablix raised €1.2 mn to scale automated motor-claims analysis tech
Liablix secures €1.2 mn pre-seed to expand its AI-driven motor-claims platform built for insurers seeking accuracy, speed, and fraud reduction
PERILS pegs Central Europe, Italy flood losses at €2.15 bn in final report
PERILS sets final insured loss for Sept 2024 Central Europe and Italy floods at €2.15bn, citing Austria, Czech Republic, and Poland as hardest hit
Insurtech Wopta adds AI agent Anna to expand phygital insurance model
Italian insurtech Wopta launches AI agent Anna with Blu Pantheon to boost phygital insurance services, blending human advice with 24/7 AI support
Assicurazioni Generali reported higher H1 2025 earnings driven by growth across all business units
Assicurazioni Generali reported higher H1 2025 earnings driven by growth across all business units. The Italian insurer is reviewing a proposed €6.3 bn sale of its banking arm
Insurtech Wefox sells Italian insurance subsidiaries
Wefox, an insurtech and managing general agent, announced it will sell all shares in its Italian subsidiaries—Wefox MGA and Wefox Services Italy
Mediobanca launches €6.3 bn share offer for 100% of Banca Generali
Mediobanca Group has announced a voluntary share-based exchange offer valued at €6.3 bn to acquire 100% of Banca Generali
Optio Group acquired Norwegian-based MGA S Insurance
Optio Group (Optio), an independent specialty MGA, has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an undisclosed amount
Wopta Assicurazioni, a phygital insurtech MGA, launched a €50 mn Series B
Italian insurtech firm Wopta Assicurazioni secured €12 mn in new funding through a club deal led by Belluzzo International Partners. The company also launched a €50 mn Series B
DARAG acquires run-off portfolio from wefox Insurance
DARAG Group, a prominent legacy acquirer, has agreed to purchase a run-off portfolio from wefox Insurance AG. The portfolio includes motor damage, third-party liability
Flood events accounted for $18.2 bn in international Q4 catastrophe losses
Flood events accounted for $18.2 bn in international fourth-quarter catastrophe losses, led by October floods in Valencia, Spain
Monte Chia raised funding to transform risk management for insurers and businesses
Monte Chia, an Italian insurtech startup, has closed a €500,000 pre-seed funding round. The investment efforts to revolutionize risk management
Perils revised its estimated insured losses for floods in Central Europe & Italy
PERILS has disclosed its second industry loss estimate for the floods in Central Europe and Italy to €2.08 bn
MGA Optio Group acquired of Den Hartigh Beheer & Exploitatie B.V.
The UK-based managing general agent (MGA) Optio Group has finalized its acquisition of Den Hartigh Beheer & Exploitatie B.V.
Perils estimated insurance losses from Storm Boris in Central and Eastern Europe at €1.9 bn
Insurers in Central and Eastern Europe and Italy are facing estimated losses of €1.89 bn from Storm Boris, which brought devastating floods to the regions
Fitch Ratings upgraded its outlook for Assicurazioni Generali
Fitch Ratings upgraded its outlook for Assicurazioni Generali S.p.A. to Positive, affirming the Insurer Financial Strength (IFS) Rating at ‘A+
Storm Boris caused €1.5-3 bn in insured losses in Central Europe
Storm Boris’s torrential rains and flooding likely caused more than €1.5 bn in insured losses in Central Europe, according to an Aon
AXA acquired Gruppo Nobis, a retail P&C insurer in Italy
AXA announced an agreement to acquire Gruppo Nobis, a retail P&C insurance company in Italy with a diverse distribution network
Insurtech Wopta Assicurazioni closed a €4.1 mn Series A funding
Wopta Assicurazioni, an insurtech MGA focused on protecting businesses and professionals from everyday risks, has closed a €4.1 mn Series A funding round
M&A in UK insurance industry rose, in contrast to a EU slowdown
M&A in the UK insurance industry rose in 2023, in contrast to a wider slowdown in deal activity across Europe, the Middle East and Africa
Partech launches €360 mn venture fund to back software & fintech in Europe
Partech launches its successor €360 mn venture fund to back mission-critical software, data and fintech specialists in Europe
Insurtech Prima Assicurazioni looks to attract a new minority partner
Italian insurtech Prima Assicurazioni is seeking indicative offers from potential parties for a minority stake in the company
Global reinsurers providing less NatCat cover for European insurers
Global reinsurers have tightened their terms and conditions to limit their aggregate covers and the lower layers of their natural catastrophe protection
Italian Insurance Market Review: 2023
Higher Lapses Drive Life Outflows, Average Motor Premiums to Grow Life net flows for Italian life insurers in 1H2023 was negative EUR10.7 billion
AON analyses natural hazard activity worldwide in the 9M 2023
AON launched its Q3 Global Catastrophe Recap report, which analyses natural hazard activity worldwide in the 3 quarter of 2023 and for the 9 months of the year
European insurance industry faced a year of changes and challenges
The European insurance industry faced a year of changes and challenges, with the top ten insurance companies remaining consistent while a noticeable reshuffling
Italian insurtech BeSafe raised €1.2 mn for travel insurance platform
Italian insurtech BeSafe Group has raised €1.2 mn to accelerate the development of tech and insurance services for European tourism
Italian life insurance market: Fitch Outlook
The Italian life insurance sector’s policyholder surrender rates remain high but may have peaked and should not have a material impact on most insurers’ profitability
PERILS disclosed 2nd insured loss estimate for floods in Italy for EUR 488 mn
PERILS, the provider industry-wide catastrophe insurance data, has disclosed its second industry loss estimate for the floods in the Emilia-Romagna region of Italy
Verisk indicates that 45% of risks insured for flooding loss
Verisk, a data analytics provider, has revealed in a recent report that only a small percentage of damage to insured assets caused by the May floods in Italy
Catastrophic floods in Italy to cost millions euros for re/insurance sector
Local authorities are foreseeing economic losses in the billions of euros related to floods in Italy due to the massive disaster, while the insurance industry
European life insurers are at risk of significant losses on bond
European life insurers are at risk of significant unrealised losses on their bond portfolios due to higher interest rates
European life insurers raises the capital under Solvency II to cover the risk
European life insurers have had to raise the capital they must hold under Solvency II to cover the risk of a surge in lapses
Insurtech Wefox begun shrinking workforce of around 1,400 employees
According to a report by Süddeutsche Zeitung, Berlin-based digital insurtech wefox has begun shrinking its workforce of around 1,400 employees
International insurance broker Howden acquires Italian broker Assimovie
International insurance brokerage Howden has agreed to acquire Assimovie, a TV, film and advertising insurance broker based in Italy
Vehicle InsurTech Prima Assicurazioni signed a strategic agreement with iptiQ
Vehicle InsurTech Prima Assicurazioni has signed a strategic agreement with iptiQ, the digital platform and white-label insurance provider of the Swiss Re Group
Insurer Generali plans sale of $21 bn of its Italian life insurance portfolio
Italian insurer Generali is planning to sell roughly 20 billion euros of its Italian life insurance portfolio
Fitch’s outlook for Italian insurance market is deteriorating for the non-life sector
The outlook for Italian insurance in 2025 is deteriorating for the non-life sector, while life remains neutral
Non-life Insurance Market in Italy rose by 6%
Non-life insurance premiums in Italy rose by 6%, according to data from Fitch Ratings, owing to strong growth in non-motor lines
Generali reaches an agreement to buy the former MetLife pension business in Poland
Generali announced that it has reached an agreement with NN Group to buy the former MetLife pension business in Poland
Italian insurer Generali has completed its acquisition of La Médicale
Italian insurer Generali has completed its acquisition of La Médicale, the insurance subsidiary for healthcare professionals Crédit Agricole
U.S. cyber insurance premiums rose nearly 11% in 2025 as policy volume jumped, but weaker pricing, higher losses, and AI-driven threats added fresh pressure
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities