Generali GC&C announces strategic Partnership with SRS Altitude
30 July 2024
Milan – Generali Global Corporate & Commercial (GC&C) announces a strategic partnership with SRS Altitude, the first European Managing General Underwriter (MGU) specialized in Alternative Risk Transfer (ART). This partnership marks GC&C's first entry into the Structured (Re)insurance solutions segment within the ART market, aligning with GC&C's ambition to enhance its ART value proposition.
Through this collaboration, GC&C will enhance its ART & Captive offerings and will expand its client base across various lines of business. This partnership will also enable GC&C to leverage numerous cross-selling opportunities, thereby strengthening its value proposition.
Christian Kanu, CEO of Generali Global Corporate & Commercial, stated: "I am proud of this partnership with SRS Altitude, and I am convinced that it represents a unique opportunity to further strengthen our Alternative Risk Transfer offering. This agreement will enhance cross-selling opportunities and strengthen our overall value proposition. Thanks to this collaboration and our global reach and expertise, we will be able to deliver best-in-class services to our clients."
Loredana Mazzoleni Neglén, CEO of SRS Altitude, commented: "SRS Altitude will leverage the dedicated reinsurance capacity, global reach, and technical excellence of Generali Global Corporate & Commercial to provide tailored ART solutions for corporate clients and their captives. Our combined strengths will deliver exceptional expertise and capital, meeting clients' unique needs."