Merger of Alleanza Assicurazioni and INA Assitalia into Assicurazioni Generali
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- Assicurazioni Generali is the largest insurance company in Italy; for several years Generali owned two other large insurance companies: Alleanza and INA Assitalia.
- The ownership of Generali had never really translated into an integration of the three companies.
- In order to increase effectiveness, reduce costs and exploit synergies, Generali decided to merge the three companies into one.
- The project was very large and a decision was made to focus on some specific areas. According to this strategy, the merger started from some specific areas (IT, Real Estate, etc.) and new companies were created with a specific focus and working as a shared service to all the Group
Global PMI Partners project team
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