Assicofra

What Assicofra does

Assicofra S.r.l. is a multi-mandate insurance brokerage and consulting firm (società plurimandataria di consulenza assicurativa) that has operated in the Faenza area of Emilia-Romagna, Italy, since 1982 and was formally incorporated in 1987. The company distributes insurance products on behalf of multiple carriers — primarily Assimoco and ITAS Mutua — across nine core lines: auto, business/SME, home, agricultural hail, personal accident, savings and complementary pensions, supplementary health, third-sector (via the Eticapro network), and legal protection. Its go-to-market is exclusively direct and relationship-led, anchored by seven physical branch offices spanning the provinces of Ravenna and Forlì-Cesena, supported by phone, email, and a corporate website.

The company is a wholly-owned subsidiary of Gruppo Cofra, a diversified cooperative group, and operates as a "Società a Responsabilità Limitata con Unico Socio" (single-member LLC) with registered capital of €10,400. Assicofra is regulated by IVASS (registration A000066357, 05-03-2007) and discloses commissions under IVASS Regulation No. 23/2008; commission rates range from approximately 4.75% to 12% on collected premiums net of standard Italian insurance taxes. The cooperative parent enables a captive acquisition channel — preferential tariffs are available exclusively to COFRA members — and the company targets a diversified client base spanning individual consumers, families, SMEs, agricultural businesses, and third-sector organizations with no public references to digital channels, proprietary technology platforms, or AI systems.

Name

Assicofra

Legal name

ASSICOFRA Società a Responsabilità Limitata con Unico Socio

Website

https://assicofra.it

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Assicofra is a multi-mandate Italian insurance brokerage in Faenza that distributes nine lines — auto, home, business, agriculture, health, pension, and legal — via seven branch offices across Emilia-Romagna and is a wholly-owned subsidiary of Gruppo Cofra.

Ownership category

akta.pro rank

Headquarters

HQ city

Faenza

HQ country

Italy

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Commission Income: Assicofra earns revenue through commissions paid by insurance companies (Assimoco, ITAS Mutua, and others) for policies placed. Commission rates vary by insurance sector and company, ranging from approximately 4.75% to 12% on collected premiums net of SSN contributions, FGVS, and similar taxes. The company is regulated by IVASS as an insurance intermediary.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Assicofra is a multi-mandate insurance brokerage that consults with individual and business clients and places policies with multiple insurance companies (including Assimoco and ITAS Mutua) covering auto, home, business, personal accident, health, agricultural hail, savings/pension, third-sector, and legal protection needs. Services are delivered through in-person consultations at seven branch offices in Emilia-Romagna, with continuous policy monitoring, periodic contract reviews, and dedicated claims management support. COFRA cooperative members receive preferential rates and exclusive products.

Product overview

Assicofra is a multi-mandate insurance consulting company offering a comprehensive portfolio of insurance products and services. The core offering consists of nine main insurance categories: auto insurance (with optional theft, fire, Kasko, glass, roadside assistance add-ons), business insurance for SMEs, home insurance with customizable multi-risk packages, agricultural hail insurance, personal accident coverage, health insurance with supplementary healthcare plans, savings and pension products, third sector insurance under the Eticapro brand, and legal protection insurance. All products are available through multiple insurance company partners (Assimoco, ITAS Mutua, and others) and can be personalized with different coverage levels to meet individual client needs. Special discounted rates are available for COFRA cooperative members.

Differentiator

Problem solved

Functional benefit

Products and services

• Assicurazione Auto Motor vehicle insurance including mandatory RC Auto (civil liability) with optional add-ons such as theft, fire, Kasko, crystal/glass replacement, roadside assistance, driver accident coverage, and legal protection. Targeted at car, truck, motorcycle, and scooter owners in Italy.
• Assicurazione Casa Multi-risk home insurance protecting residential property and contents against fire, theft, weather events, and providing civil liability coverage for family members including pets. Targeted at homeowners and tenants.
• Assicurazione Aziendale Business insurance policy designed for small and medium enterprises across commercial, artisanal, and industrial sectors, covering risks that can damage production and cause harm to employees, customers, and third parties. Includes liability, property, fleet, workers compensation, and business interruption coverage options.
• Assicurazione Infortuni Personal accident insurance covering injuries occurring at home, work, or elsewhere, providing financial support for medical expenses and recovery, with coverage for temporary or permanent disability and death. Targeted at individuals and families.
• Risparmio e Previdenza Savings and pension products including life insurance policies and complementary pension funds (PIP, open and closed pension plans) providing additional retirement income beyond the Italian state pension. Targeted at individuals and families planning for retirement.
• Assicurazione Grandine Agricultural hail insurance protecting crops from weather damage, with additional multi-risk coverage options including frost, drought, wind, and excess rain for farms cultivating cereals, fruits, vineyards, and nurseries. Targeted at agricultural businesses in Emilia-Romagna.
• Assicurazione Sanitaria Supplementary health insurance plans offered in partnership with Assimoco and Cooperazione Salute, providing coverage for hospitalizations, surgeries, specialist visits, diagnostics, dental care, maternity packages, and preventive care with 24/7 assistance. Targeted at individuals, families, and COFRA cooperative members seeking accessible supplementary healthcare.
• Assicurazione Terzo Settore (Eticapro) Third-sector insurance products under the Eticapro brand, including multi-risk policies for voluntary organizations, civil liability for solidarity-economy entities, accident coverage for Third Sector employees, and property protection for non-profits. Delivered through the Eticapro Network partnership between Assimoco, CAES Italia, and Banca Etica. Targeted at ODVs, APS associations, philanthropic entities, social enterprises, mutual aid societies, foundations, and impact enterprises.
• Assicurazione Tutela Legale Legal protection insurance covering attorney and expert fees for civil, criminal, and administrative proceedings, including appeals to the Court of Cassation and losing-party costs. Targeted at individuals, professionals, and businesses needing legal-expense coverage.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Gruppo CofracoreOthersGruppo Cofra is the parent cooperative group of which Assicofra S.r.l. is a member. Assicofra operates as part of this cooperative ecosystem, benefiting from access to the cooperative's member base and offering exclusive insurance products and preferential rates to COFRA members. The partnership is fundamental to Assicofra's business model and identity.
• AssimococoreOthersAssimoco is one of the primary insurance companies represented by Assicofra as a multi-mandate broker. Commission rates range from 4.75% to 7.14% depending on the insurance sector. Assimoco offers health insurance products including partnership with Cooperazione Salute for mutual health services. Also offers dedicated Third Sector insurance products through the Eticapro network.
• ITAS MutuacoreOthersITAS Mutua is a mutual insurance company represented by Assicofra, offering commission rates of 10-12% on collected premiums. As a mutual company, ITAS operates on member-ownership principles similar to cooperatives.
• Eticapro NetworkcoreStrategic or Co-development PartnerEticapro is a distinctive insurance initiative dedicated to the Third Sector and Responsible Consumption, created through partnership between Assimoco, CAES Italia, and Banca Etica. Assicofra is part of the Eticapro Network, providing specialized insurance solutions for voluntary organizations, social enterprises, and ethical businesses. The network operates on principles of creating value beyond profit, with attention to social and environmental impact.
• Cooperazione SaluteminorOthersCooperazione Salute is a mutual aid society promoted by Confcooperative. Through an agreement between Assimoco and Cooperazione Salute, Assicofra offers dedicated health plans that make supplementary healthcare more accessible. This partnership enables provision of health insurance products with favorable terms.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aon Italy: Global insurance and reinsurance broker with Italian operations covering corporate and personal lines, representing the broad-incumbent competitive threat in intermediation.
• UnipolSai: Major Italian insurance carrier with strong cooperative roots and direct distribution in the regions Assicofra serves, representing a large incumbent competing for the same customer wallet.
• Generali Italia: Largest Italian insurance carrier with multi-line offerings (life, health, P&C) that increasingly sells direct, competing with brokerage intermediation channels like Assicofra's.
• Marsh Italia: Global insurance broker's Italian subsidiary offering intermediation across all major insurance lines, operating as a large-scale incumbent against smaller regional brokers like Assicofra.

Direct peers

• Assiteca: Italian listed insurance brokerage offering multi-line corporate and individual insurance intermediation, very closely matching Assicofra's multi-mandate brokerage model though at larger national scale.
• Howden Italia: Growing international broker with active Italian retail and commercial brokerage operations, competing in the same multi-mandate intermediation space as Assicofra.

Others

• Assimoco: Italian cooperative insurance carrier and Assicofra's primary partner (4.75%–7.14% commission), sharing the cooperative ethos and serving as the principal product supplier in Assicofra's distribution chain.
• ITAS Mutua: Trentino-based mutual insurer and one of Assicofra's core carrier partners (10–12% commission), representing the supplier side of the intermediation relationship.

Regional players

• Reale Mutua: Italian mutual insurer with cooperative-member ethos analogous to Assicofra's COFRA affiliation, operating in similar personal and commercial lines across northern Italy.
• Sara Assicurazioni: Italian mutual insurance company historically linked to the automotive sector, offering personal and SME lines comparable to Assicofra's portfolio in adjacent Italian regions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AssicofraAssicurazioni
• LinkedInlinkedin.com/company/assicofra

Revenue estimate

Valuation estimate

Number of profiles

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 Assicofra