Unipolsai

What Unipolsai does

UnipolSai Assicurazioni S.p.A. is the primary operating subsidiary of Unipol Gruppo and Italy's largest insurance group, providing life, health, accident, automobile, marine, fire, general liability, and credit insurance to over 16 million individual and business customers. The company is publicly traded on Borsa Italiana under ticker UNPI, headquartered in Bologna, employs more than 10,000 people, and distributes through approximately 2,000 insurance agencies and over 5,200 sub-agencies, supplemented by digital self-service via unipol.it and a mobile app. Core technology includes the Unibox satellite telematics device integrated with auto and motorcycle policies, the UnipolMove electronic tolling service, and the Unica umbrella-policy platform that consolidates multiple coverage lines (auto, home, family, pet, travel) into a single contract managed online or via agency. Ancillary services span UnipolRental (long-term vehicle rental), UnipolGlass (glass repair), UnipolService (maintenance network), UnipolAssistance (24/7 roadside support), and UniSalute (health network).

UnipolSai generates revenue primarily through recurring insurance premiums across motor (RCAuto, where it leads Italy by direct premium collection), property, life/savings, health, and commercial lines. In 2025, direct insurance income grew 11.1% to €17.4 billion and consolidated net profit rose 36.8% to €1.53 billion, surpassing the first third of its 2025-2027 €3.8 billion cumulative profit target. A €1.12 per share dividend (up 31.8% YoY, 5.7% yield) was proposed. The company has extended into healthcare via the 2022 acquisition of Società e Salute S.p.A. (Centro Medico Santagostino) for €150 million and into banking distribution through its BPER Banca stake. In June 2026, Unipol agreed to acquire 635 Banca Monte dei Paschi di Siena branches and the MPS brand from Intesa Sanpaolo for up to €3.5 billion, to be combined with BPER to create Italy's second-largest banking group, signaling a structural pivot toward integrated insurance-banking distribution. Capital-markets access was reinforced by a €750 million Tier 2 issuance (May 2024) and a €1 billion Restricted Tier 1 placement (February 2026) that was oversubscribed 4.2x, with 93% placed internationally.

Name

Unipolsai

Legal name

Unipol Assicurazioni S.p.A.

Website

https://unipolsai.it

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

UnipolSai is Italy's largest insurance group, offering life, health, motor, home, and commercial insurance to over 16 million customers through 2,000+ agencies and digital channels, with 2025 direct insurance income of €17.4 billion and a consolidated net profit of €1.53 billion.

Ownership category

akta.pro rank

Headquarters

HQ city

Bologna

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Non-Life Insurance: Primary revenue stream including motor insurance (RCAuto), property insurance, and other non-life coverage. Direct insurance income grew 11.1% to €17.4 billion
2. Life Insurance: Savings and protection life insurance products including pension and investment solutions
3. Bancassurance: Insurance distribution through banking channels within the Italian market
4. Banking Operations (BPER Merger): Strategic banking initiative through acquisition of 635 Monte dei Paschi branches from Intesa Sanpaolo, to be merged with BPER Banca to create Italy's second-largest banking group

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

UnipolSai is an Italian insurance group providing non-life (auto, home, health, accident, pet, travel) and life insurance (savings, pension, long-term care) products to individuals and businesses. Core offerings are bundled under the Unica Unipol umbrella platform, supplemented by telematics-enabled auto insurance via the Unibox satellite device and adjacent mobility services (tolls, rental, roadside assistance, glass repair).

Product overview

UnipolSai is a comprehensive Italian insurance group offering a multi-product portfolio through Italy's largest agency network (approximately 2,000 agencies and 5,200 sub-agencies). The core product architecture centers on the Unica Unipol umbrella platform combining multiple coverages (auto, home, travel, pet) into unified policies. Core insurance products span vehicle coverage (auto, motorcycle, truck, nautical) with telematics through Unibox devices; home and family protection (house, family liability, pet, travel, condominium); personal protection (accident, health via UniSalute, long-term care); and life insurance/savings products (Vita Premium, Vita Serena, Vita Smart, pension funds). Supplementary services include UnipolMove (electronic toll), UnipolRental (long-term rental), UnipolGlass (glass repair), UnipolService (maintenance network), UnipolAssistance (roadside aid), and the App Unipol mobile application. The company also expanded into healthcare through acquisition of the Centro Medico Santagostino network.

Differentiator

Problem solved

Functional benefit

Brands

• Unica: Comprehensive insurance policy covering multiple protection needs in a single policy
• UnipolRental
• UnipolMove
• UnipolGlass
• UnipolService
• UnipolAssistance
• UniSalute
• Unibox

Products and services

• Unica Unipol (Umbrella Policy) Umbrella insurance architecture combining multiple coverages (auto, home, travel, pet, family) into a single customizable policy, purchasable online or through agencies, allowing consolidated policy management.
• Assicurazione Auto (Car Insurance) Car insurance product with integrated Unibox satellite device offering security services, roadside assistance, and telematics-based pricing for individual drivers and vehicle owners.
• Assicurazione Moto (Motorcycle Insurance) Motorcycle insurance with Unibox satellite device providing security and convenience features for motorcycle owners.
• Assicurazione Autocarri (Truck Insurance) Truck insurance protecting drivers, vehicles, and transported goods with high-tech assistance and innovative services for commercial fleet operators.
• Assicurazione Mobilità (Mobility Insurance) Mobility insurance covering cars, motorcycles, sharing vehicles, scooters, bicycles, and public transportation.
• Assicurazione Nautica / Unipol Navigare (Boat Insurance) Boat and nautical insurance product offering coverage for watercraft and related liabilities.
• Assicurazione Casa (Home Insurance) Home insurance for owners and renters with customized coverage, 24/7 assistance, and network of artisans.
• Assicurazione Famiglia (Family Liability Insurance) Family liability insurance covering damages caused to third parties by policyholder or family members.
• Assicurazione Cane e Gatto (Pet Insurance) Pet insurance reimbursing veterinary expenses and covering damages caused by pets to third parties.
• Assicurazione Viaggio (Travel Insurance) Travel insurance covering medical emergencies, luggage loss, and trip cancellation for individual travelers.
• Assicurazione Condominio (Condominium Insurance) Condominium insurance covering building and common areas damage and liability for residential buildings.
• Assicurazione Infortuni (Personal Accident Insurance) Personalized accident insurance covering injuries at home, work, sports, and leisure activities for individuals.
• Assicurazione Salute (Health Insurance) Health insurance with preventive care coverage, diagnostic tests, hospitalization allowances, and support for serious disabilities.
• UniSalute Health Network Offering Health insurance offering provided through UniSalute network for preventive care and medical services for individuals and families.
• Assicurazione Autonomia (Long-Term Care Insurance) Long-term care insurance protecting against loss of self-sufficiency, providing economic support for disability care.
• Assicurazione Vita (Life Insurance) - Premium, Serena, Smart variants Life insurance products including Vita Premium, Vita Serena, and Vita Smart variants offering savings and protection solutions for individuals.
• Previdenza Complementare / Fondi Pensione (Pension Funds) Pension and retirement planning products supplementing future pension income through complementary pension funds for individuals.
• Centro Medico Santagostino Healthcare Network Healthcare network acquired by UnipolSai in 2022, operating medical centers across Lombardy offering accessible, high-quality healthcare services to patients.

Quantifiable outcome

• Direct insurance income grew 11.1% to €17.4 billion in 2025
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Intesa SanpaolocoreStrategic or Co-development Partner · 8 June 2026Strategic deal where Intesa Sanpaolo agreed to sell 635 Monte dei Paschi branches and the MPS brand to Unipol for €3-3.5 billion upon successful completion of Intesa's €30.6 billion acquisition of Banca Monte dei Paschi di Siena. Unipol will combine the acquired banking assets with BPER Banca to create Italy's second-largest banking group.

Scale indicators11 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Allianz: Global insurance and asset management leader with European motor, life, and health insurance operations. While much larger and more diversified globally than Unipol, Allianz serves overlapping customer needs through P&C, life, and health products and is a key benchmark for European insurance strategy.
• AXA: European insurance leader with strong positions in P&C, life, and health across multiple geographies. AXA's bancassurance and health services strategies (e.g., AXA's clinic networks) are directly comparable to Unipol's UniSalute and Centro Medico Santagostino initiatives.
• Zurich Insurance Group: Global multi-line insurer with strong European presence in motor, property, and life insurance. Zurich's integrated retail and commercial strategy parallels Unipol's individual (Privati) and business (Aziende) segment approach.
• CNP Assurances: French life insurance specialist with bancassurance-led model across Europe (including Italy through partnerships). CNP's focus on life, pension, and protection products parallels Unipol's Previdenza and Vita product lines.

Emerging players

• Mediobanca: Italian investment bank and asset manager with growing insurance interests (notably CheBanca! and Compass). While more investment-focused than Unipol, Mediobanca operates in the same Italian financial services landscape and is a participant in Italian banking consolidation.

Direct peers

• Intesa Sanpaolo: Italy's largest bank and direct counterparty in Unipol's MPS branch acquisition. Intesa Sanpaolo is also a major bancassurance player through its insurance partnerships, making it both a strategic partner and a competitor in Italian financial services consolidation.
• BPER Banca: Italian bank in which Unipol holds a significant stake and which is set to combine with the acquired MPS branches to create Italy's second-largest banking group. BPER is both a financial partner and an increasingly intertwined peer as Unipol's banking strategy advances.
• Assicurazioni Generali: Italy's largest insurer and the most direct comparable to Unipol. Generali operates globally with strong positions in life, P&C, and asset management, competing head-to-head with Unipol in Italian motor and life insurance. Both serve the same Italian customer base with overlapping product portfolios.
• Reale Mutua: Italian mutual insurer and one of Unipol's main domestic competitors in non-life and life insurance. Reale Mutua shares Unipol's Italy-focused model with strong agency distribution, making it a natural peer for benchmarking Italian market dynamics.
• Poste Italiane: Italian postal and financial services giant with a major bancassurance arm (Poste Vita). Poste Italiane competes directly with Unipol in Italian life insurance and pension products, leveraging its unmatched national distribution through post offices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/UnipolSai
• Facebookfacebook.com/UnipolSai

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Unipolsai