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Fondiaria-SAI S.p.A. · Florence Italy ·(Italian: FSA)

Company Description

Piazza della Libertà, 6
Florence
50129
Italy (Map)
Phone: +39-055-479-41
Fax: +39-055-476-026
Rankings
  • MIB
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Fondiaria-SAI provides life, auto, accident, health, fire, liability, and other policies to customers in Italy. Also known as FonSai, Fondiaria-SAI was created in 2002 when Società Assicuratrice Industriale acquired La Fondiaria Assicurazioni. The company, or at least its predecessor companies, has been active for more than 100 years. As part of a multi-year integration plan, the company has expanded its product range in the areas of industrial accidents, fire, and product loss, while closing less central areas of business such as real estate management. Chairman Jonella Ligresti and the Ligresti family own about 45% of the company through their family holding company Premafin Finanziaria. To read the full description, subscribe now.
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Key Fondiaria-SAI S.p.A. Financials

Company TypePublic - Italian: FSA

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$18,007.1
Employees2,703

Fondiaria-SAI S.p.A. Executives

21 executives listed for Fondiaria-SAI S.p.A.'s Florence,  location.
TitleName & BioContact
Honorary ChairmanSalvatore LigrestiNetwork
ChairmanJonella LigrestiNetwork
Vice ChairmanMassimo PiniNetwork

Competition

Competitive Landscape for Fondiaria-SAI S.p.A.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top Fondiaria-SAI S.p.A. Competitors
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