“We are convinced that technology will facilitate the process of simplifying the insurance market. A need that the consumer has and that the European regulator is grasping, to allow the use of simpler contracts, such as smart contracts “. Thus Alberto Minali, CEO of REVO, an insurance Spac recently listed on Piazza Affari. During a conference dedicated to insurtech, the former CEO of Cattolica remarked how his company Revo is investing heavily in artificial intelligence and parametric risks. “In fact, we would like to set up our process of supplying insurance solutions in the world of atmospheric and catastrophe risks – largely absent on the Italian roofing market – through solutions built on blockchain, because we believe that the certification of the data is fundamental”, were the words of Minali.
The spac Revo, promoted by Alberto Minali and Claudio Costamagna, as well as Stefano Semolini, Jacopo Tanaglia and Simone Lazzaro, was listed on AIM Italia in May and aims to build a primary player in the insurance sector, in particular in the specialty sector. lines and parametric risks mainly oriented to the world of small-medium enterprises. During the placement phase, Revo raised 220 million.