Sabseg Acquires Insurance Solutions, Boosts Italian Market Share

Sabseg, a prominent independent insurance broker backed by Barcelona-based private equity firm Miura Partners, has significantly expanded its footprint in Italy through the acquisition of Milan-based Insurance Solutions. This strategic move marks a pivotal step in Sabseg's ambitious European growth agenda, particularly its focus on the Italian market following its integration with Asigest Broker in July 2025.

The acquisition of Insurance Solutions, a specialist in real estate and energy efficiency retrofitting insurance, aligns perfectly with Sabseg's objective to become a leading insurance intermediary across Southern Europe. The combined entity is targeting an impressive €2 billion in brokered premiums by 2030, fueled by both organic growth and a robust M&A strategy. This latest transaction underscores Sabseg's commitment to inorganic expansion within key insurance segments.

Insurance Solutions, co-founded by Paolo Parravicini and Roberto Battistini, brings deep expertise in risk management for the construction and building renovation sectors. The firm has a proven track record, having insured over 7,000 projects and managed relationships with a vast network of construction companies, installers, designers, and condominium administrators, generating over €60 million in brokered premiums. This specialized knowledge is expected to be a significant asset for the expanded Sabseg group.

Alessandro Griffith, President of Sabseg Broker, highlighted the strategic importance of this acquisition. "The acquisition of Insurance Solutions is a very important operation that allows us to consolidate our position in a strategic and rapidly evolving sector like real estate and energy efficiency," Griffith stated. "This deal enables Sabseg Broker to integrate national insurance market excellence and high-level professional expertise. It represents a significant milestone, officially launching our growth trajectory in Italy through the acquisition of strategic entities within the Italian insurance landscape."

The deal follows a substantial investment commitment of €350 million allocated by the Sabseg group across Spain, Portugal, and Italy. This capital infusion is earmarked for both market consolidation and the pursuit of further strategic acquisitions. The integration of Insurance Solutions is anticipated to enhance Sabseg's service offerings, providing its existing clientele in the construction and energy renovation supply chain with a more comprehensive and structured suite of insurance solutions.

Legal and financial advisors played a crucial role in facilitating this cross-border transaction. Studio Basso Di Manna Ritegno, Miralles y Serra, and Studio Girardi & Tua advised Sabseg, while Studio Legale Campagnoli e Calvi represented Insurance Solutions. This collaboration ensured a smooth transition and integration process, paving the way for future synergies and market penetration.