Wide Group has acquired Anthea S.p.A. to enhance its market position and service capabilities in the Italian commercial insurance industry.

Target Information

Wide Group has successfully acquired Anthea S.p.A. and its subsidiaries, collectively known as the Anthea Group. Established in 2005 and headquartered in Vicenza, Italy, the Anthea Group is a distinguished commercial lines insurance broker. It specializes in a myriad of commercial insurance products, including professional indemnity, credit, sports insurance, major events coverage, and tailored insurance programs for small and medium-sized enterprises (SMEs). With continuous growth driven by both organic expansion and strategic mergers and acquisitions, the Anthea Group has established itself as a leading player in the Italian commercial insurance distribution sector, achieving over €35 million in intermediated premiums.

Industry Overview

The Italian commercial insurance market has been experiencing a notable transformation, characterized by consolidation and technological advancements. As businesses increasingly recognize the importance of specialized insurance solutions, the demand for innovative insurance products has surged. This trend has propelled established players like Anthea Group into a leading position, offering a diverse range of commercial insurance solutions tailored to meet the needs of various sectors.

Furthermore, the market has witnessed an influx of broker consolidation, as firms seek to leverage shared expertise and resources to enhance their service offerings. Operators in the sector are now focused on developin