Alta Signa to fill ‘gap’ in Italian primary D&O market

European boutique Managing General Agent (MGA) Alta Signa Europe has launched into writing primary directors’ and officers' (D&O) insurance in Italy to fill a gap in the primary Italian D&O market.

The company’s Italian operation seeks to address demand for tailored primary D&O insurance for SMEs in the €50-500 million revenue range across sectors. The expanded underwriting approach complements Alta Signa Italy’s existing excess lines insurance proposition in the local market.

Alta Signa is backed by five A-rated capacity providers from company markets and Lloyd’s Europe.

Marina Chierici, Alta Signa branch manager, Italy, said: “There is a gap in the primary Italian D&O market for an insurance proposition backed by local expertise and service, offering tailor-made quotes. In a market geared towards facilities and automatic quoting systems, speaking with local Tier 1 and Tier 2 brokers revealed strong demand for non-standard solutions from a proactive and responsive provider.

“I’m really pleased to be able to provide this offering, which, backed by our in-house claims team, brings the highly efficient and individualised service that we know Italian regional brokers are looking for.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.