Broker Assicurativo Italiano

What Broker Assicurativo Italiano does

Broker Assicurativo Italiano S.r.l. (BAI) is a privately held Italian insurance brokerage firm headquartered in Trieste, registered with IVASS under RUI number B000306508, with fully paid share capital of €425,000. The firm operates through four Italian offices — Trieste, Venice/Marghera, Milan, and Turin — staffed by 11–50 employees, and runs a specialized sub-brand, BAI Marine Division, based in Dubai for yacht and luxury marine insurance. Its founder and president is Nicola Tessaris.

BAI's core offering is a vertically specialized insurance brokerage, structured around eight product lines: sureties and guarantees (Fideiussioni e Cauzioni), environmental and waste risk (Ambiente e Rifiuti), construction, special risks (All Risks, machinery breakdown, decennial liability, photovoltaic), industry and services, civil liability (RCT/O, product, professional), tailored legal-protection policies, and hospitality/food sector coverage. These are supported by three service modules: risk identification and management (specialized technical analysis, policy review, ongoing monitoring), claims management support (filing, documentation, adjuster coordination, insurer negotiation), and a Digital Archive plus dedicated client portal for real-time policy access. Distribution and risk assessment are reinforced through a partnership with European-level Industrial Experts providing technical units across all four locations.

Commercially, BAI operates a B2B, sales-led, consultative model targeting enterprise and mid-market Italian businesses across the named verticals. It is an independent intermediary earning transaction commissions by placing client risks with a panel of more than 50 national and international insurance carriers. The company runs a digital-first marketing presence via a bilingual Italian/English website, LinkedIn, and Instagram, and offers free initial consultations. There is no disclosed revenue, no external funding, and no M&A activity in the data; AI/ML capabilities are not referenced anywhere in the company's product or technology stack.

Name

Broker Assicurativo Italiano

Legal name

BAI – Broker Assicurativo Italiano S.r.l.

Website

https://baibroker.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Broker Assicurativo Italiano (BAI) is an IVASS-registered Italian insurance brokerage (11–50 employees) operating from Trieste, Venice, Milan, and Turin, placing specialized commercial risks — including environmental, construction, sureties, and industrial lines — through a panel of 50+ carriers for enterprise and mid-market clients.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industries

Contractors BOP / Artisan Package (FSAJAFAD), Restaurants, Bars & Food Service BOP (FSAJAFAG), Light Manufacturing / Small Industrial Package (FSAJAFAJ), Small Business BOP (Main Street) (FSAJAFAA)

Keywords

• Commercial insurance brokerage
• Risk management services
• Surety and guarantee bonds
• Environmental liability insurance
• Construction insurance solutions

Headquarters

HQ city

Trieste

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: BAI acts as an insurance intermediary (broker) earning commissions from insurance companies for placing policies. They collaborate with over 50 insurance companies to find optimal coverage solutions for clients, earning brokerage commissions on each policy placed.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

BAI is an independent Italian insurance brokerage that places commercial insurance policies on behalf of business clients by intermediating with more than 50 national and international insurance companies. Its core offering covers eight specialized product lines — sureties/guarantees, environmental and waste, construction, special risks, industry and services, civil liability, tailored legal protection, and hospitality/food industry — augmented by risk-analysis, claims-management, and digital-archive service modules accessible through a dedicated client portal.

Product overview

Broker Assicurativo Italiano (BAI) is an innovative and dynamic insurance brokerage firm offering a comprehensive portfolio of insurance products and risk management services. The core offerings include eight specialized insurance product categories: Sureties and Guarantees (Fideiussioni e Cauzioni), Environment and Waste, Construction, Special Risks (All Risks, Machinery Breakdown, Decennial Liability, Photovoltaic), Industry and Services, Civil Liability (RCT/O, Product Liability, Professional Liability), Tailored Policies, and Hospitality and Food Industry coverage. These products are supported by three service modules: Risk Identification and Management (including in-depth analysis, policy review, and ongoing monitoring), Claims Management Support (filing assistance, documentation preparation, and insurer negotiations), and Digital Archive with a Dedicated Portal for real-time access to insurance records. The company collaborates with over 50 insurance companies to provide customized coverage solutions.

Differentiator

Problem solved

Functional benefit

Brands

• BAI Marine Division: Specialized division focused on yacht and luxury marine insurance.

Products and services

• Fideiussioni e Cauzioni (Sureties and Guarantees)
• Ambiente e Rifiuti (Environment and Waste Insurance)
• Costruzioni (Construction Insurance)
• Rischi Speciali (Special Risks Insurance)
• Industria e Servizi (Industry and Services Insurance)
• Responsabilità Civile (Civil Liability Insurance)
• Polizze Dedicate (Tailored Legal Protection Policies)
• Settore Alberghiero e Alimentare (Hospitality and Food Industry Insurance)
• Dubai Marine Division (Yacht and Luxury Marine Insurance)

Quantifiable outcome

• Response to complaints provided within 45 days per regulatory requirements.

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Industrial Experts (European Level)minorOthersBAI has established a strong partnership with leading Industrial Experts operating at European level. These partners provide operational units in Trieste, Venice, Milan, and Turin locations, supporting BAI's insurance brokerage services with technical expertise in risk assessment and evaluation.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Lockton: Largest privately-held insurance broker globally with strong European presence and a specialist-led, relationship-driven brokerage model that mirrors BAI's consultative approach. Comparable as a direct peer in commercial and specialty insurance intermediation with similar cultural emphasis on specialty expertise over scale.
• Howden: Rapidly growing European-headquartered insurance broker focusing on specialty and commercial lines across construction, environmental, and corporate risks. Comparable as a direct peer pursuing a specialization-driven, entrepreneurial brokerage model with European carrier relationships similar to BAI's 50+ carrier network.

Broad incumbents

• Acrisure: Fast-growing global insurance brokerage built largely through acquisition with operations across Europe including Italy. Comparable as a broad incumbent aggressively expanding commercial brokerage capacity in markets where BAI operates, increasing competitive intensity for mid-market accounts.
• Marsh & McLennan: World's largest insurance brokerage and risk-advisory firm with established operations in Italy offering P&C, surety, environmental, and commercial lines intermediation. Comparable as the global incumbent competing for the same mid-market and large commercial clients BAI targets, but operating at vastly greater scale and scope.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk-management firm with a meaningful European, including Italian, presence serving commercial and specialty clients. Comparable as a broad incumbent placing commercial, construction, and specialty lines for businesses — directly competitive with BAI in mid-market commercial brokerage.
• Aon: Global professional services firm offering insurance brokerage and risk management in Italy across commercial, environmental, and construction lines. Comparable as a broad incumbent competitor addressing the same B2B risk-transfer needs as BAI, with significantly larger resources and product breadth.
• Hub International: North-American-headquartered insurance brokerage with expanding international presence serving commercial and specialty clients. Comparable as a broad incumbent offering commercial property, casualty, and specialty lines intermediation overlapping with BAI's core product categories.
• Willis Towers Watson (WTW): Global insurance and reinsurance broker with Italian operations serving corporate and mid-market clients across property, casualty, construction, and specialty risks. Comparable as a broad incumbent with overlapping service categories to BAI's commercial brokerage offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bai-broker-assicurativo-italiano
• Instagraminstagram.com/bai_broker

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Broker Assicurativo Italiano