R.I.B. REINSURANCE INTERNATIONAL BROKERS S.P.A.

What R.I.B. REINSURANCE INTERNATIONAL BROKERS S.P.A. does

R.I.B. Reinsurance International Brokers S.p.A. (operating as RIB Group) is an independent Italian insurance and reinsurance brokerage group founded on April 13, 1988 in Milan by Franco Curioni. The firm operates as a B2B intermediary providing facultative and treaty reinsurance placement, claims management, risk assessment, and consulting services spanning Solvency Capital Adequacy, Risk, and Cat modelling. Its client base comprises insurance companies, major financial institutions, public and private entities, and large multifunctional enterprises, and it holds the distinction of being the first wholly Italian-owned reinsurance brokerage firm.

The business is delivered through five office locations — Milan (headquarters and General Management), Rome, Zurich, New York, and London — providing direct access to European, extra-European, and Lloyd's of London reinsurance markets. The London branch, opened in 2003 as the first wholly Italian-owned intermediary operating directly on the London market, holds Lloyd's Broker accreditation (acronym RXB 1103, granted 2007, with post-Brexit re-accreditation in 2023). Beyond the core brokerage franchise, RIB operates a portfolio of specialized subsidiaries launched or reorganized in 2024: Best Underwriting (MGA for sports, leisure, and entertainment), Giano Underwriting (MGA for construction risks including CAR and Ten-Year Post-Indemnity), RAN Broker (agro insurance, partnered with Assifruit), and Worldwide Claim Adjusters (claims settlement and commutation services).

Revenue is generated through transaction-based brokerage commissions on insurance and reinsurance placements, supplemented by underwriting income from MGA subsidiaries; pricing is negotiated per engagement and is not publicly disclosed. The company is supervised by IVASS, registered in Italy's RUI (No. B000116674), and reportedly initiated a stock market listing process in 2024. Ownership remains concentrated with the founding Curioni family, with no external institutional investors disclosed in the source material.

Name

R.I.B. REINSURANCE INTERNATIONAL BROKERS S.P.A.

Legal name

R.I.B. Reinsurance International Brokers S.p.A.

Website

https://ribgroup.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Independent Italian insurance and reinsurance brokerage group founded in 1988, providing facultative and treaty reinsurance intermediation, MGA underwriting, and consulting through offices in Milan, Rome, Zurich, New York, and London to insurance companies, financial institutions, and large enterprises.

Ownership category

akta.pro rank

Product category

Reinsurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Claims Adjusting (524291)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Surety Insurance (6351)

akta.pro primary industry

Facultative Reinsurance Brokerage (FSAOAHAB)

akta.pro secondary industries

Treaty Reinsurance Brokerage (FSAOAHAA), Reinsurance Claims, Accounting & Contract Administration (Broker Services) (FSAOAHAI)

Keywords

• Reinsurance brokerage
• Insurance intermediation
• Facultative reinsurance
• Treaty reinsurance
• Lloyd's broker

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Reinsurance Brokerage Commission: RIB generates revenue through brokerage commissions from placing reinsurance contracts on international markets for insurance company clients.
2. Insurance Brokerage: RIB is authorized to operate in the direct insurance sector and provides insurance intermediation services.
3. MGA Operations (Subsidiaries): Subsidiaries including Best Underwriting (sports and entertainment), Giano Underwriting (construction), and RAN Broker (agro) provide specialized insurance underwriting and intermediation services.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

RIB is an independent insurance and reinsurance brokerage group providing professional intermediation services between cedants and reinsurers. The core offering spans analysis and evaluation of reinsurance options, search for optimal market conditions, and creation of customized reinsurance programmes (proportional, non-proportional, and alternative forms) across facultative and treaty lines. Services extend to claims management and risk assessment/consulting on Solvency Capital Adequacy and Cat modelling, with direct access to the European, extra-European, and London (Lloyd's and non-Lloyd's) reinsurance markets.

Product overview

R.I.B. Reinsurance International Brokers S.p.A. is a leading independent insurance and reinsurance brokerage group in Italy operating through a multi-brand portfolio approach. The core offering consists of professional reinsurance brokerage services (both facultative and treaty), supplemented by specialized subsidiaries: BEST UNDERWRITING (sports and entertainment insurance), GIANO UNDERWRITING (construction risks), RAN BROKER (agro insurance), and WORLDWIDE CLAIM ADJUSTERS (claims management and commutation services). Additional modules include claims management, risk assessment, and Solvency Capital Adequacy consulting. With offices in Milan, Rome, Zurich, New York, and London, the group provides access to the entire European, extra-European, and London (Lloyd's) reinsurance market.

Differentiator

Problem solved

Functional benefit

Brands

• Best Underwriting: MGA specializing in professional sports and film/television production insurance under the leisure & entertainment sector
• Giano Underwriting
• RAN Broker
• Worldwide Claim Adjusters

Products and services

• Reinsurance and Insurance Brokerage Services

Quantifiable outcome

• Active in almost all countries of the world through partner network

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core.

• Giano Underwriting srlcoreStrategic or Co-development Partner · 1 January 2024Giano Underwriting srl is a MGA founded in 2024 that provides insurance coverage for risks primarily related to construction, offering CAR (Contractors All Risks) and Ten-Year Post-Indemnity policies. RIB Spa holds equity in the company along with some managers. Jean Tuccella (formerly director at SCOR Paris) serves as technical contact.
• RAN Broker srlcoreStrategic or Co-development Partner · 1 January 2024RAN Broker was founded in 2024 as a strategic partnership between RIB and Assifruit to intermediate Agro business in both direct and reinsurance. Within a short time, it has intermediated premiums exceeding 10 million euros per year. Covers hail (subsidized), catastrophic events, livestock farming, nursery, and greenhouse sectors.
• Best Underwriting srlcoreStrategic or Co-development PartnerBest Underwriting is an MGA belonging to the RIB Group, specializing in leisure & entertainment insurance with focus on professional sports and film/television production sectors.
• Worldwide Claim Adjusters srlcoreStrategic or Co-development PartnerWWCA specializes in management and settlement of insurance and reinsurance liabilities through commutation and cut-off transactions. Independent firm operating without conflicts of interest, offering multidisciplinary approach combining actuarial, legal, and risk management expertise.
• AssifruitcoreStrategic or Co-development PartnerStrategic partnership in agro insurance sector that led to the creation of RAN Broker, intermediating more than 10 million euros per year in premiums.
• Lloyd's of LondoncoreTechnology or IntegrationRIB is accredited as a Lloyd's Broker (RXB 1103 since 2007) with post-Brexit accreditation (2023), providing direct access to the Lloyd's market for reinsurance placement and claims management.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Howden Re: Reinsurance specialty broker within Howden Group, focused on facultative and treaty placements with strong European presence. Like RIB, it markets independent intermediation; its rapid growth and London-centric model make it a direct comparable.
• Miller Insurance Services: London-based independent insurance and reinsurance broker active in facultative and treaty lines. Comparable to RIB as a mid-sized Lloyd's-facing broker competing for European cedent business.
• Guy Carpenter: Global reinsurance specialty broker and division of Marsh McLennan; the closest direct peer to RIB in facultative and treaty reinsurance placement. Like RIB, it intermediates ceded business globally, but at vastly greater scale and analytics depth.
• Lockton Re: Reinsurance division of Lockton, the world's largest independent insurance broker. Comparable as an independent (non-bank-owned) broker competing for facultative and treaty mandates globally, including European and specialty lines.
• Besso Group: London-market insurance and reinsurance broker with strong Italian heritage and connections to the Italian cedent market. Direct peer to RIB given similar Italian-roots, London-market presence and facultative focus.

Emerging players

• McGill and Partners: London-headquartered specialty (re)insurance broker founded by senior Guy Carpenter alumni, focused on complex facultative risks. Comparable as a newer independent broker in the facultative segment where RIB operates.
• TigerRisk Partners: Independent reinsurance and capital advisory firm offering treaty, facultative and analytics services. Comparable to RIB in facultative intermediation but differentiated by stronger analytics and capital-markets capabilities.

Broad incumbents

• Aon Reinsurance Solutions: Reinsurance arm of Aon plc, one of the world's largest insurance and reinsurance brokers. Directly competes with RIB for facultative and treaty placements, especially in Europe, but offers a much broader portfolio including analytics, capital advisory and structured solutions.
• Willis Towers Watson Reinsurance: Reinsurance brokerage division of WTW, providing treaty, facultative and capital markets services globally. Competes with RIB in European treaty placements and offers broader consulting capabilities that RIB does not.

Regional players

• Assifruit / RAN Broker competitors: Specialist Italian and European agro-insurance brokers and MGAs active in hail and parametric crop coverage — directly comparable to RIB's RAN Broker subsidiary in the agricultural intermediation niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries6 records

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 R.I.B. REINSURANCE INTERNATIONAL BROKERS S.P.A.