IVASS Modifies the Regulations of Eligibility Requirements and Criteria for Insurance Companies: Algoritmic is ready to assist its Clients
Rome, July 12 2023 IVASS has placed the new regulation in public consultation which coordinates the secondary regulation with the provisions on the matter in the Private Insurance Code and in the Ministerial Decree of the Ministry of Economic Development no. 88/2022. The main innovations envisaged by the draft Regulation are: As can be read […]
Partnership agreement signed between Algoritmic® and Grant Thornton FDD
Milan, June 28th 2023. Algoritmic® S.r.l. and Grant Thornton Financial Due Diligence S.r.l. have recently signed a partnership agreement aimed at organically integrating their offer system on the consultancy market. Grant Thornton FDD Srl is a company of Ria Grant Thornton SpA, part of the international Grant Thornton Network which deals with audit & Assurance […]
Algoritmic® Start Up of the Year: Strategic Consulting for Insurance Companies
On Thursday May 25th, 2023 the awards ceremony of Le Fonti Awards took place at Palazzo Mezzanotte in Milan. The company was represented by the Founding Members, Paolo Botta, Paolo De Angelis, Antonia Boccadoro e Nino Savelli, the Marketing Manager and Media Manager Tatsiana Trafimovich. Algoritmic® was awarded as “Start Up of the Year Strategic Consulting […]
EIOPA Issues a Supervisory Statement on Differential Pricing Practise in Non-life Insurance
On February 23rd, 2023, the European Insurance and Occupational Pensions Authority (EIOPA) issued a Supervisory Statement with which EIOPA aims to clarify supervisory expectations with regards to the existing requirements in the IDD legislative framework and promote a convergent approach amongst competent authorities in the supervision of POG, fair treatment of customers and disclosure requirements, […]
Algoritmic Registered an Innovative Model for “Value for Money” Measure non IBIPs Contracts
The principle of “value for money” for the customer of an insurance company was sanctioned by the EU Delegated Regulation on POG (Product Oversight Governance) and was subsequently taken up by IVASS Regulation no. 45 of August 4, 2020. EIOPA has also expressed itself on the subject several times, first in the document published in […]
New Legislation on Corporate Sustainability Reporting (CSRD)
The new legislation on corporate sustainability reporting (CSRD) has been published in the Official Journal of the European Union. On December 16, 2022, the DIRECTIVE (EU) 2022/2464 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of December 14, 2022 on corporate sustainability reporting was published in the Official Journal of the European Union. With the […]
Partnership Agreement Signed Between Algoritmic® and D’Argenio Polizzi & Associates Law Firm
Milan November 16th, 2022 Algoritmic® and the D’Argenio Polizzi & Associati Law Firm (SLDPA) signed a partnership agreement on November 2nd, 2022 aimed at organically integrating their offer system on the Insurance Distribution market. The complementarity existing between the legal skills, expressed by the D’Argenio Polizzi & Associati Law Firm and the technical skills that […]
EIOPA Asks for Better Value for Money in Bancassurance
On October 4th, 2022 the European Insurance and Occupational Pensions Authority (EIOPA) issued a warning pursuant to Article 9, paragraph 3, of Regulation (EU) no. 1094/20104 with which it warns insurers and banks (as insurance distributors) on the high levels of remuneration and the presence of conflicts of interest in the sale of credit protection […]
PRESS RELEASE September 7th, 2022: Antonia Boccadoro joins Algoritmic®
Rome, September 7th, 2022. One year after its establishment, Algoritmic® continues on its growth path, extending its consulting offer to insurance distribution and to the compliance of insurance intermediaries. It does so thanks to the entry of a new leading professional, well known for her skills on the Italian insurance market: Antonia Boccadoro. Antonia worked […]
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