Intesa Sanpaolo Assicurazioni

What Intesa Sanpaolo Assicurazioni does

Intesa Sanpaolo Assicurazioni S.p.A. is the parent company of the Intesa Sanpaolo Assicurazioni Group and Italy's leading bancassurance and supplementary pensions provider. Founded in January 2012 from the merger of EurizonVita, Intesa Vita, Sud Polo Vita, and Centrovita Assicurazioni, the company was renamed from Intesa Sanpaolo Vita S.p.A. to its current name in December 2024 and is wholly owned by Intesa Sanpaolo S.p.A., Italy's largest banking group (€425 billion in loans, €1.5 trillion in customer financial assets as of end-2025). The company manages €178.1 billion in assets under management as of 31 March 2026 and operates with a 241% Solvency Ratio.

The product portfolio spans four core lines — Risparmio e Investimento (savings and investment), Pensione Integrativa (supplementary pension), Sostegno per te e i tuoi cari (personal protection), and Soluzioni per le Aziende (corporate solutions) — plus Unit Linked products distributed through the Dublin Branch to Italy, Spain, and Croatia. Distribution is anchored to Intesa Sanpaolo's bank branch network across Italy, supplemented by the ISP Private Banking division, ISP Insurance Agency, and select smaller Italian credit institutions. Digital channels include the Intesa Sanpaolo Assicurazioni mobile app (launched April 2025, iOS and Android) and the Area Riservata online portal. Group subsidiaries include Intesa Sanpaolo Protezione (P&C and health, 100%), Intesa Sanpaolo Insurance Agency (100%), InSalute Servizi (65%), and a minority stake in Fideuram Vita (3.1%, consolidated under Italian Unified Management rules).

Revenue is generated primarily through recurring insurance premiums: Life GWP of €4,651M in Q1 2026 (+10.3% YoY) under Unified Management including Fideuram Vita, P&C premiums of €522.2M (+9.8% YoY), and pension policy inflows up 29.2% YoY. Q1 2026 consolidated net profit reached €275.8M. The company serves individuals and families, property owners and SMEs, investors/savers, corporate clients, and HNWI segments through both retail bank branches and dedicated private banking channels, with ESG-themed funds representing 46% of AUM under SFDR Articles 8/9.

Name

Intesa Sanpaolo Assicurazioni

Legal name

Intesa Sanpaolo Assicurazioni S.p.A.

Website

https://intesasanpaoloassicurazioni.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Intesa Sanpaolo Assicurazioni is Italy's leading bancassurance and supplementary pensions provider, wholly owned by Intesa Sanpaolo Group, distributing life, pension, and P&C products through ISP bank branches and a Dublin Branch for Unit Linked products across Italy, Spain, and Croatia.

Ownership category

akta.pro rank

Product category

Life Insurance & Bancassurance

NAICS

Portfolio Management and Investment Advice (523940), Insurance Agencies and Brokerages (52421), Funds, Trusts, and Other Financial Vehicles (525), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

akta.pro secondary industries

Individual/Retail Critical Illness & Hospital Indemnity (FSAIAKAE), Large Commercial Package (National Accounts) (FSAJAFAC)

Keywords

• Life insurance
• Bancassurance services
• Supplementary pensions
• Insurance investments
• Property casualty insurance

Headquarters

HQ city

Milano, Italia

HQ country

Italy

HQ region

Europe

Offices3 records

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. Life Insurance Premiums: Gross written premiums from life insurance products including traditional policies, unit-linked products, and pension policies. Q1 2026 reported 4,651 million euro in life gross written premiums, up 10.3% year-over-year.
2. Unit Linked Investment Products: Insurance-based investment products combining financial and insurance components, offering flexible, customisable investment solutions diversified by customer risk profiles. Dublin Branch specializes in these products.
3. Pension Products: Supplementary pension products including 'Il Mio Domani' with automatic enrollment features. Q1 2026 showed 29.2% growth in pension policies inflows.
4. P&C (Property & Casualty) Premiums: Property and casualty insurance including non-motor segments (Business Health and Accident, Home and Family, SME products), credit-related products, and motor insurance. Q1 2026 P&C premiums amounted to 522.2 million euro, up 9.8%.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels6 records

Core offering

Intesa Sanpaolo Assicurazioni is Italy's leading bancassurance provider, distributing life insurance, savings and investment, supplementary pensions, and property & casualty insurance products through the Intesa Sanpaolo banking network and its own digital channels. The company serves retail, private banking, and corporate clients in Italy with international operations via its Dublin Branch offering Unit Linked insurance-investment products.

Product overview

Intesa Sanpaolo Assicurazioni is the Parent Company of the Intesa Sanpaolo Assicurazioni Group, Italy's leading bancassurance provider. The company's product portfolio includes four core insurance product lines: (1) Risparmio e Investimento (Savings and Investment) for securing savings and market-linked growth, (2) Pensione Integrativa (Supplementary Pension) for retirement planning, (3) Sostegno per te e i tuoi cari (Support for You and Your Loved Ones) for protection during vulnerability, and (4) Soluzioni per le Aziende (Solutions for Companies) for business investment and financing protection. The company operates Unit Linked products through its Dublin Branch for Italian and international markets. Digital access is provided via the Intesa Sanpaolo Assicurazioni App (mobile) and Area Riservata (online portal). The Group includes subsidiaries Intesa Sanpaolo Protezione (personal, vehicle, home, health insurance), Fideuram Vita (innovative investment products), Intesa Sanpaolo Insurance Agency (intermediation), and InSalute Servizi (healthcare services management).

Differentiator

Problem solved

Functional benefit

Brands

• Area X: Insurance culture space in Turin offering multimedia experiences, events and workshops on everyday risks.
• Up2Stars
• In Action ESG CLIMATE
• In Action ESG NEET

Products and services

• Risparmio e Investimento (Savings and Investment Insurance) Insurance-based savings and investment solutions that secure customer savings while offering balance between security and capital growth, including products guaranteeing return of all or part of invested capital.
• Pensione Integrativa (Supplementary Pension) Pension products enabling customers to supplement their future state pension and support retirement planning, including 'Il Mio Domani' with automatic enrollment features. Q1 2026 showed 29.2% growth in pension policy inflows.
• Sostegno per te e i tuoi cari (Protection for You and Your Loved Ones) Protection products providing financial support to customers and families during moments of vulnerability, including disability, non-self-sufficiency, and loss of a loved one, distributed via P&C subsidiaries including health, accident, and family coverage.
• Soluzioni per le Aziende (Solutions for Companies) Insurance and investment solutions for businesses and SMEs, including products for investing corporate liquidity and protecting financing against unforeseen events such as accidents, illness, or hospitalisation.
• Unit Linked Insurance-Investment Products (Dublin Branch) Insurance-based investment products combining financial and insurance components, offering flexible, customisable investment solutions diversified by customer risk profiles, with legal and tax advantages of life policies. Distributed in Italy, Spain (via OVB Allfinanz España), and Croatia (via Privredna Banka Zagreb).
• Intesa Sanpaolo Assicurazioni Mobile App Mobile application providing single access to insurance policies, investment information, and pension products. Features include viewing policy details, checking statements, accessing documents and tax certifications, making additional payments, redeeming funds, changing beneficiaries, viewing Intesa Sanpaolo Protezione cover, requesting assistance, and submitting claims.
• Area Riservata (Online Customer Portal) Web-based reserved portal for customers to view and manage insurance policies, investment products, and pension products; also available for collective policies of Aviva Vita S.p.A. and for employer access to supplementary pension.

Quantifiable outcome

• 10.3% growth in Life gross written premiums to 4.7 billion euro in Q1 2026
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

16 partnerships are on record, tiered minor and core.

• Conference of European Bancassurers (CEB)minorOthers · 23 February 2026European industry association promoting bancassurance model. Intesa Sanpaolo Assicurazioni is the first Italian operator to join CEB, which includes 21 companies headquartered in Europe. Association chaired by Xavier Larnaudie-Eiffel, with Javier Valle as Vice-Chair.
• Intesa Sanpaolo ProtezionecoreStrategic or Co-development Partner · 1 December 2023Wholly-owned subsidiary offering wide range of products covering personal, vehicle and home damage, financing protection. Specializes in health insurance with large network of affiliated healthcare facilities.
• Fideuram VitacoreStrategic or Co-development PartnerAssociate company (3.1% ownership) specializing in innovative insurance investment products. Included in Unified Management reporting under Article 96 of Legislative Decree 209/2005.
• Intesa Sanpaolo Insurance AgencycoreChannel Partner/ Reseller/ DistributorWholly-owned agency providing insurance intermediation for life and non-life products, primarily distributing pension products.
• InSalute Servizi S.p.A.minorStrategic or Co-development PartnerGroup company (65% ownership) dedicated to managing healthcare services, focusing on digital innovation, automation, and advanced services.
• Banca di ImolaminorChannel Partner/ Reseller/ DistributorCredit institution distributing pension products of Intesa Sanpaolo Assicurazioni.
• Banco di Lucca e del TirrenominorChannel Partner/ Reseller/ DistributorCredit institution distributing pension products of Intesa Sanpaolo Assicurazioni.
• La Cassa di RavennaminorChannel Partner/ Reseller/ DistributorCredit institution distributing pension products of Intesa Sanpaolo Assicurazioni.
• Cassa di Risparmio di FermominorChannel Partner/ Reseller/ DistributorCredit institution distributing savings, investment and pension products of Intesa Sanpaolo Assicurazioni.
• OVB Allfinanz España S.A.minorChannel Partner/ Reseller/ DistributorSpanish local distributor for Intesa Sanpaolo Assicurazioni Dublin Branch products in Spain.
• Privredna Banka Zagreb (PBZ)minorChannel Partner/ Reseller/ DistributorCroatian local distributor for Intesa Sanpaolo Assicurazioni Dublin Branch products in Croatia.
• Dynamo AcademyminorStrategic or Co-development PartnerSocial enterprise partner for In Action Esg NEET initiative, offering pathways into caring professions for young people in difficult situations. 48% of participants started work or studies as at June 2025.
• RG CompanyminorStrategic or Co-development PartnerPromoter of Campioni di Vita initiative for high school students featuring Paralympic athletes, enabling participants to experience resilience through theatrical performance.
• Fondazione Piazza dei MestieriminorOthersSocial foundation supported through donations and partnerships for projects addressing real needs in local communities.
• Telefono Donna Italia ODVminorOthersWomen's helpline organization supported through 'Donne al Centro' project donations and partnerships.
• City Angels Lombardia ODVminorOthersVolunteer organization supported through partnerships and donations for vulnerable population support.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Allianz SE: Global insurance and asset management leader with significant European life insurance operations including Italy (Allianz Italia). Comparable as a broad incumbent offering life, P&C and asset management products, though distribution is not exclusively bancassurance.
• AXA SA: European insurance leader with substantial life & savings and P&C operations. Comparable broad incumbent offering insurance and savings products across Europe, with relevant overlap in Italy.
• Zurich Insurance Group: Global insurance group with strong life and general insurance presence in Europe. Comparable as a broad incumbent in the same insurance and savings product space.
• Aviva plc: UK-headquartered life and general insurer with European savings and pension franchise (previously including Aviva Vita in Italy). Comparable on life insurance, savings and pension product mix and Solvency II regulatory framework.

Direct peers

• CNP Assurances: Leading European bancassurance specialist with multi-territory distribution via banking partners (La Banque Postale, BPCE, CaixaBank among others). Closest functional analogue to the Intesa Sanpaolo Assicurazioni bancassurance model.
• Crédit Agricole Assurances: Captive insurance arm of Crédit Agricole, distributing life, P&C and health products through Crédit Agricole's retail bank network across France and Europe. Direct analogue of the Intesa Sanpaolo-Intesa Sanpaolo Assicurazioni captive model.
• BNP Paribas Cardif: Insurance arm of BNP Paribas distributing savings, protection and pensions via the bank's international branch network. Closely mirrors the Intesa Sanpaolo Assicurazioni model of multi-territory bancassurance distribution.
• Poste Vita: Captive insurance arm of Poste Italiane, distributing life and pension products through Italy's postal network. Direct Italian bancassurance competitor with overlapping retail savings customer base.
• Generali: Italy's largest insurance group with a leading life and P&C franchise. Directly comparable to Intesa Sanpaolo Assicurazioni as a domestic life insurance and savings/investment competitor with comparable scale and bancassurance distribution.

Emerging players

• Fideuram Vita: Intesa Sanpaolo Assicurazioni's associate (3.1% ownership) within the Intesa Sanpaolo group, specializing in innovative insurance investment products and consolidated under unified management. Closely comparable on product mix and is also a fellow Italian bancassurance peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/intesa-sanpaolo-assicurazioni

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries4 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 Intesa Sanpaolo Assicurazioni