REVO Insurance S.p.A. transfers to Euronext STAR Milan

Nov 21 2022 - 10:00
• 3rd listing of 2022 on Euronext STAR Milan

• REVO Insurance S.p.A. brings the total number of companies listed on Euronext STAR Milan to 77 

Milan – 21 November 2022 – Borsa Italiana, part of the Euronext Group, today congratulates REVO Insurance S.p.A. on its transfer from Euronext Growth Milan to Euronext STAR Milan.

REVO Insurance S.p.A. is as of today the new name of REVO, a company deriving from the Business Combination between the SPAC REVO and Elba Assicurazioni, which took place on 30 November 2021, on the Euronext Growth Milan market. The company is active in non-life insurance with a focus on specialty lines and the parametric risks business, with a special focus on the SMEs sector. REVO Insurance intends to stand out as an innovative and advanced player with a flexible business model, taking advantage of a technological leadership to optimise and streamline the risk underwriting and claims management processes.

 REVO Insurance S.p.A. represents the 3 rd listing on Euronext STAR Milan in 2022 and brings the total number of firms currently listed on this segment to 77.

REVO Insurance S.p.A. is the 14th firm to move from Euronext Growth Milan to Euronext STAR Milan.

Alberto Minali, Chief Executive Officer of REVO Insurance S.p.A., said: “Out of the reverse merger of REVO Spac with Elba Assicurazioni, today REVO Insurance is born. This marks the peak of a challenging corporate trajectory we set out a year ago, but it’s also the starting point of a journey that will enable us to grow, prosper and generate value for all our stakeholders. The debut on the Borsa Italiana’s STAR segment, of which we are proud, and the continuous support of our shareholders, enable us to further accelerate the execution of our Business Plan by going on to offer the insurance solutions to SMEs that are the chosen target field of REVO Insurance”.

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