Our journey to change
We come from industries where technology and innovation are central to everything. We have worked at Europe’s biggest and most important insurers. But there came a point when this was no longer enough. It was time to change the rules of the game and we joined forces to do it together.
A close-knit team was born. Everyone in the team makes their experience work for our vision: to take traditional insurance into the future.
This is just the beginning
REVO was promoted by Alberto Minali, Claudio Costamagna, Stefano Semolini, Simone Lazzaro, Fabio De Ferrari and Jacopo Tanaglia with the aim of creating a major insurance operator in the field of specialty lines and parametric risks dedicated mainly to the SME world.
In less than a year, we started raising capital, acquired Elba Assicurazioni, Italy’s leading surety and guarantees insurer, and we were listed.
The acquisition of Elba was the starting point for developing other lines of business and expanding our offering to Italian SMEs, which are still under-insured, even though they are the driving force behind the Italian economy. From there, we focused on specialty lines and parametric policies, as this had not yet been done in Italy.
In March 2022, we obtained authorisations from IVASS to extend our operations to almost all the non-life classes, thereby expanding our offer from surety to all other special risks. Today, having completed a merger, we are also listed on the Euronext STAR Milan regulated market.
The future belongs to those who can see it
It’s ambitious, we know. But REVO is here to revolutionise the concept of insurance and offer SMEs new, tailored, simple and transparent products. We can aim this high because our team specialises in every line of business and has outstanding experience in the field.
Our backbone is OVERX, a platform that simplifies processes and automates communication, information gathering, risk assessment and contract preparation.
The insurance you needed has arrived.
Listing of REVO SPAC
Acquisition of Elba Assicurazioni
Reverse merger of Revo Spac into Elba Assicurazioni
Creation and listing of REVO Insurance
Launch of new insurance products
Launch of parametric products
Completion of the product range on OVERX and launch of bundled products
Further growth in the parametric business, blockchain and ecosystems
Obtaining a leading position in the SME world and becoming the leading provider of parametric solutions