S2C S.p.A. is an Italian insurance company founded in 2010 to operate exclusively in the surety market as an alternative to domestic multi-line insurers. The company’s senior management team has deep-rooted market expertise both locally in the Italian and International surety markets. Our underwriting policy is built on extensive industry experience in understanding risk to ensure our client’s long-term success.
We operate from our headquarters in Rome and our Milan office through a broad commercial network covering major Italian cities and regions. In a few short years, the company has expanded in both reach and diversification of products, offering a selected range of sureties through our non-tied agency and broker partners. We primarily focus on contract, customs and VAT bonds.
S2C S.p.A. has based its growth and expansion on a talented and skilled team, rigorous talent development, significant investments in proprietary technology and ensuring a values-based relationship with our clients to guarantee excellence in product and customer service.
On 1st October 2018, eight years after its incorporation, A.M.Best has assigned to S2C a Financial Strength Rating of B+ (Good). The outlook assigned to this Credit Rating is stable.
Our business is currently expanding the network of partners in order to be better able to serve our list of clients, which include a diverse portfolio of multinational and medium-sized companies in various industries.
Highlights in 2017:
S2C S.p.A gross written premiums decreased in 2017 by 4,9% in line with the Italian surety market (-3,6%), still characterized by a highly competitive environment. Thanks to our strict underwriting policy, our loss ratio has remained at a favorable level compared with current market benchmarks.
Board of Directors
Renato Boccia – President
Gian Alberto Ferretti