Prima Assicurazioni

Prima Assicurazioni S.p.A.
TypeSocietà per azioni (S.p.A.)
IndustryInsurance
Founded2014 (2014) in Milan, Italy
FoundersAlberto Genovese
George Ottathycal Kuruvilla
Headquarters
Milan
,
Italy
Area served
Italy, United Kingdom, Spain
Key peopleGeorge Ottathycal Kuruvilla (chairman and chief executive officer)
ProductsVehicle insurance, home, family and accident insurance
OwnerAxa (51%)
Websitewww.helloprima.com

Prima Assicurazioni S.p.A. is an Italian insurance agency specialising in the sale of motor, motorcycle, van, home, family and accident policies.[1]

The company distributes policies in Italy, the United Kingdom and Spain, both through its own website and through a network of brokers and agents, underwritten by Great Lakes Insurance (part of Munich Re), Zavarovalnica Triglav and Alwyn (Arch Capital Group). Its offices are in Milan, Rome, London and Madrid.

History

Prima Assicurazioni was founded in Milan in 2014 by Alberto Genovese and George Ottathycal Kuruvilla.[2][3]

In the summer of 2018 the company closed a €100 million capital increase subscribed by the investment bank Goldman Sachs and the private equity firm Blackstone, at the time the largest venture capital funding round raised in Italy.[4] From 2019 the company began distributing its products through brokers and agents.

In April 2020 Prima opened a new office in Rome.[5] In November 2020, following the arrest of founder and then chairman Alberto Genovese on charges of sexual assault and drug offences, the company removed him from all roles and appointed George Ottathycal Kuruvilla as chairman and chief executive officer.[6][7]

By 2022 the company reported more than two million customers.[8] In May 2022 the Carlyle Group joined Goldman Sachs and Blackstone in the company's shareholder base,[9] and the company began selling policies in the United Kingdom and Spain after opening offices in London and Madrid.

In August 2025 the French insurance group Axa announced the acquisition of a 51% majority stake in Prima for about €500 million, valuing the company at around €1 billion.[10][11] The acquisition was completed on 28 November 2025.[12]

Sports sponsorship

In 2019 Prima became an official partner and back-of-shirt sponsor of the Serie A football club ACF Fiorentina, under a three-year agreement starting with the 2019–20 season.[13]

In 2022 the company became a sponsor of the MotoGP team Pramac Racing.[14]

On 1 July 2025 the company's Spanish branch signed a three-year sponsorship agreement with Real Betis.[15]

References

  1. ↑ "Chi siamo". Prima.it (in Italian). Retrieved 14 August 2026.
  2. ↑ "Il personaggio dell'anno: Alberto Genovese, il founder da 100 milioni di euro". EconomyUp (in Italian). 19 December 2018. Retrieved 14 August 2026.
  3. ↑ Iozzia, Giovanni (16 April 2020). "Assicurazioni, investimenti e startup: il passato di Alberto Genovese, fondatore di Facile.it". Forbes Italia (in Italian). Retrieved 14 August 2026.
  4. ↑ D'Ascenzo, Monica (17 January 2019). "Startup, in Italia record di investimenti nel 2018". Il Sole 24 Ore (in Italian). Retrieved 14 August 2026.
  5. ↑ "Prima Assicurazioni. Cento persone da assumere a Roma". Avvenire (in Italian). 7 April 2020. Retrieved 14 August 2026.
  6. ↑ "Prima Assicurazioni CEO replaced after 'arrest on rape and kidnapping charges'". Insurance Insider. November 2020. Retrieved 14 August 2026.
  7. ↑ "Prima Assicurazioni: misure immediate della società". Prima (in Italian). November 2020. Retrieved 14 August 2026.
  8. ↑ "Casa e famiglia, ma anche infortuni: Prima Assicurazioni cresce nel mercato". la Repubblica (in Italian). 19 April 2021. Retrieved 14 August 2026.
  9. ↑ "Prior notification of a concentration (Case M.10705 – Blackstone/Carlyle/Goldman Sachs/Prima)". Official Journal of the European Union. May 2022. Retrieved 14 August 2026.
  10. ↑ "Prima Assicurazioni passa ad Axa". Il Sole 24 Ore (in Italian). 1 August 2025. Retrieved 14 August 2026.
  11. ↑ Rinaldi, Andrea (1 August 2025). "Axa prende il controllo di Prima Assicurazioni e la valorizza un miliardo". Corriere della Sera (in Italian). Retrieved 14 August 2026.
  12. ↑ "AXA completes the acquisition of a majority stake in Prima". AXA. 28 November 2025. Retrieved 14 August 2026.
  13. ↑ "Fiorentina, presentati oggi i tre sponsor di maglia". Calcio e Finanza (in Italian). 23 August 2019. Retrieved 14 August 2026.
  14. ↑ "Prima Assicurazioni: dopo la Moto GP, lo sbarco nei Rally e nella Porsche Carrera Cup". La Gazzetta dello Sport (in Italian). 5 September 2022. Retrieved 14 August 2026.
  15. ↑ "El Real Betis y Prima Seguros firman un acuerdo de patrocinio". Real Betis Balompié (in Spanish). 1 July 2025. Retrieved 14 August 2026.
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