With a total of written premiums in 2016 around 80 mln, SACE BT is the fifth player in the Italian credit insurance and surety bonds market, operating all over national territory. It operates also in the P&C business, offering cover to construction risks (C.A.R/E.A.R./ Decennial Liability cover on buildings). SACE BT is a subsidiary of SACE, Italy’s leading provider of credit insurance, investment protection and contractual guarantees to cover political and commercial risk.
SACE BT’s mission is to provide Italian companies with strong protection against customers’ non-payment risk on short term credit operations, up to 24 months, on both domestic and export markets. As for bonding and construction risks, SACE BT provides tailored surety bonds to ensure due performance to contractual or legal obligations and insurance coverage against construction risks and civil work execution.
Lines of Credit Insurance Written: Domestic – commercial risk and Export – commercial and political risk.
Lines of Bonds and Guarantees: Bid Performance and Advance Payment Bonds for Public Tenders, Customs, tax and/or similar bonds and Concessions Bonds.
SACE BT was established in May 2004 and authorized from insurance regulatory authority in July 2004. Operations started in October 2004. One year later SACE BT had a 70% stake in Assicuratrice Edile (SACE Surety in 2008), specialized in surety bonds and construction risks.
SACE BT and SACE Surety S.p.A merged in December 2008.
Highlights in 2015 / 2016
SACE BT performance in 2015/201 has been characterized by continuity in positive technical results with a significant decrease of the company’s loss ratio.
Board of Directors
• Chairman Mr Marco Traditi
• Mr Piergiorgio D’Ignazio
• Mrs Andreana Esposito
• Mrs Ludovica Giglio
• Mrs Chiara Maruccio
• Mr Marco Zizzo
• Mr Valerio Perinelli – General Manager
• Mr Roberto Allara – Head of Business Department
• Mr Alessandro Calamea – Head of Business Unit Surety
• Mr Paolo Dalmagioni – Head of Business Unit Construction Risks
• Mr Roberto Prageldi – Head of Risks and Claims Department
• Mr Valerio Coari – Head of Administration Department
• Mr Enrico Sinno – Head of Projects, Control & Actuarial Department
• Mr. Federico Maitino – Head of Risk Department
Piazza Poli, 42
Phone +39 06 697697 930
Fax +39 06 697697 714
Enrico Sinno: firstname.lastname@example.org
Emanuele Corradino: email@example.com