All-Risks Insurance

What All-Risks Insurance does

All Risks S.r.l. is a Rome-headquartered Italian underwriting agency (MGA) operating since 2007 as a licensed insurance intermediary under IVASS supervision (RUI A000184702, Section A – Agents). The company intermediates specialty insurance products exclusively through a nationwide network of licensed agents and brokers — it does not sell direct — earning commissions from A-rated international and European insurance carriers (Great American Insurance Group, MetLife, Société Générale Assurances, Markel Insurance SE, AmTrust) for placing and managing premiums on their behalf.

Its core product portfolio spans credit-protection insurance (Cessione del Quinto and CPI tied to Italian salary/loan products under DPR 180/1950), specialty commercial lines (D&O, Professional Liability, Contractors All Risks), and public-sector liability (RC Comuni for municipalities). Underwriting and policy lifecycle activity — quote generation, risk assessment, policy issuance, and claims management — are operationalized through InAR, a proprietary web platform accessible to broker partners in real time from any internet-connected workstation.

The company serves primarily Italian banks, financial institutions, and credit intermediaries (UniCredit, Compass, Banca Progetto, ViviBanca, IBL Banca, Fiditalia among others), with municipal governments as a secondary segment. It is a sole-member S.r.l. under RI HOLDING SRL with €108,000 social capital, ~30 employees (band 11–50), and a Milan secondary office alongside Rome headquarters. The business is differentiated less by technology innovation than by regulatory standing (16 years of unbroken IVASS registration), international carrier access in a market the company characterizes as 'increasingly concentrated,' and three independent certifications (ISO/IEC 27001:2013, ISO 22301, ACCREDIA) certified by Bureau Veritas. Chairman and responsible intermediary Stefano Bucci, an actuary with 25+ years in insurance, also oversees the technical-actuarial function.

Name

All-Risks Insurance

Legal name

All Risks S.r.l.

Website

https://allrisks.it

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

All Risks S.r.l. is a Rome-based Italian underwriting agency intermediating specialty insurance (credit protection, D&O, professional and municipal liability, contractors all risks) exclusively through licensed agents and brokers using its proprietary InAR web platform on behalf of international A-rated carriers.

Ownership category

akta.pro rank

Product category

Insurance Underwriting and Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD), Professional Liability (E&O) (FSAJAGAC)

Keywords

• Insurance underwriting agency
• Specialty insurance products
• Credit protection insurance
• Professional liability coverage
• Broker distribution network

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices2 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 Intermediation: All Risks acts as an underwriting agency earning commissions from insurance companies for placing and managing insurance policies through their broker/agent network. Revenue is derived from commissions on premiums written through partner insurers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

All Risks S.r.l. is an Italian underwriting agency that intermediates specialized insurance products sourced from leading European and international A-rated insurers, distributing them exclusively through a network of licensed agents and brokers using a proprietary web platform (InAR). The portfolio includes D&O, Professional Liability, Municipal Civil Liability, Salary-Backed Loan (Cessione del Quinto), Contractors All Risks, and Credit Protection Insurance, primarily serving banks, financial institutions, and public entities.

Product overview

All Risks is an underwriting agency operating in Italy for over 15 years that offers a portfolio of specialized insurance products through a proprietary web platform. The core product lineup includes D&O (Directors & Officers Liability), Professional Liability (RC Professionale), Civil Liability for Municipalities (RC Comuni), Salary-Backed Loan Insurance (Cessione del Quinto), Contractors All Risks, and Credit Protection Insurance (CPI). These products are distributed exclusively through a network of agents and brokers using the company's intuitive IT platform, which enables real-time quote generation, policy issuance, and claims management. The company collaborates with international insurers (Lloyd's syndicates, European, and global carriers) to provide innovative insurance solutions primarily serving banks and financial institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• D&O (Directors & Officers Liability)

Quantifiable outcome

• Over 15 years operating in the Italian market with established partner network

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Great American Insurance GroupcoreStrategic or Co-development PartnerGreat American International Insurance DAC (GAIIL) is the international insurance division of Great American Insurance Group, operating since 1872 and collecting approximately $5 billion USD in premiums. GAIIL is rated A+ by Standard & Poor's and has an A (Excellent) rating from AM Best for over 100 years. Based in Dublin, Ireland, authorized to underwrite insurance throughout Europe and regulated by the Central Bank of Ireland.
• Societe Generale AssurancescoreStrategic or Co-development PartnerSociete Generale Assurances is at the center of the Societe Generale Group's development strategy, in synergy with retail banking, private banking, and financial services. The company offers a complete range of products for savings, retirement, and personal protection. Present in Italy since 2010 as Societe Generale Insurance Italia.
• MetLifecoreStrategic or Co-development PartnerMetLife serves 100 million customers across over 40 countries globally. Founded 150 years ago in New York, MetLife protects approximately 2 million people in Italy with life, accident, and illness policies.
• Markel Insurance SEcoreStrategic or Co-development PartnerMarkel Insurance SE is a subsidiary of Markel Corporation, a diversified financial holding company listed on the NYSE. Markel operates as an underwriting agency for specialty insurance and reinsurance products. Located at Torre de Cristal, Madrid, Spain.
• AmTrust Assicurazioni S.p.A.coreStrategic or Co-development PartnerAmTrust is an international insurance company specializing in commercial lines insurance. Headquartered in Milan, AmTrust provides specialty insurance products including warranty and specialty risk solutions.
• Sogessur S.A.supportingStrategic or Co-development PartnerSogessur S.A. is the General Representative for Italy of Societe Generale Insurance. Located at Via Tiziano 32, Milan. Part of the Societe Generale group of companies.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aon Italia: Italian subsidiary of Aon plc, a global insurance and reinsurance brokerage. Aon Italia competes across the same specialty lines (D&O, Professional Liability, Construction) that All Risks distributes, but with vastly larger headcount and multinational capability.
• Allianz Italia: Italian subsidiary of Allianz SE, one of the largest global insurers and a major underwriter of D&O, professional liability, and credit insurance. Allianz competes both as a direct carrier and indirectly as a benchmark against which international partners (who work with All Risks) are evaluated.
• Generali Italia: Italian subsidiary of Assicurazioni Generali, the largest Italian insurance group. Generali is both a competitor for specialty lines and a potential partner for All Risks given its dominance in the Italian corporate and municipal insurance markets.
• Reale Mutua: Italy's largest mutual insurer, offering P&C and specialty lines through captive broker networks. Reale Mutua competes for the same municipal-liability and corporate specialty business that All Risks distributes from international carriers.
• Lockton Italia: Italian operation of Lockton, the world's largest independent insurance broker. Lockton Italia serves mid-to-large Italian corporates with specialty insurance programs similar to All Risks' professional-liability and D&O offerings.
• Willis Towers Watson Italy: Italian subsidiary of WTW, a global advisory and brokerage firm. WTW Italy serves the same banking, public-entity, and corporate clients as All Risks for risk management and specialty insurance placement.
• Marsh Italia: Italian operation of Marsh McLennan, the world's largest insurance broker. Marsh Italia serves the same corporate and financial-institution segments as All Risks, offering specialty lines (D&O, E&O, surety) through multinational capacity.

Direct peers

• Dual International: Specialty underwriting agency operating across Europe with delegated authority from carrier partners. Dual shares All Risks' model of acting as an intermediary between international insurers and local broker networks for complex specialty lines.
• B&S Insurance Brokers: Italian specialty insurance broker with strong banking-sector relationships, including distribution of credit-protection and professional-liability products. B&S is a like-for-like competitor for All Risks' core banking and financial-institution segments.
• Howden Italia: Italian arm of Howden Group, a specialty insurance broker focused on professional lines and complex risks. Howden Italia competes most directly with All Risks in distributing specialty and professional-liability products from international carriers to Italian corporates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/all-risks

Compliance4 records

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 All-Risks Insurance