| 1962 |
A Public Limited Liability Company with the Unipol (Unica Polizza) brand name - registered but not operative as yet - is purchased by a number of cooperatives belonging to the Bologna League of Cooperatives in order to bring all of their insurance portfolios under a single company. |
| 1963 |
The Compagnia Assicuratrice Unipol, with offices in Bologna, begins operating in the non-life insurance sector. |
| 1969 |
The company begins operating in the life insurance sector. |
| 1972 |
The trade unions, CGIL, CISL and UIL become Unipol shareholders. |
| 1974 |
The corporate base widens to include three workers’ organisations (CNA, CIA and Confesercenti) representing the interests of artisans, agricultural workers and retailers. The Consigli Regionali Unipol (CRU - Regional Unipol Councils) are set up. |
| 1986 |
Unipol is ranked among the first ten largest insurance groups in Italy. Unipol is the first Italian company belonging to the cooperative movement to be listed on the Stock Exchange, with preferred shares. |
| 1990 |
Ordinary shares are listed on the Stock Exchange. |
| 1993 |
Unipol Assicurazioni publishes its first Social Report, which evolved to Group Social Report (2005) and
Sustainability Report (2009). |
| 1995 |
UniSalute - company specialising in the healthcare sector - is established with offices in Bologna. |
| 1996 |
Linear, a company specialising in selling car insurance over the telephone, is founded with offices in Bologna. |
| 1998 |
Quadrifoglio Vita, a company held in equal parts by Unipol Assicurazioni and Banca Agricola Mantovana and which specialises in selling insurance policies, is established.
BANEC, later renamed Unipol Banca, is purchased. Unipol enters the banking sector with an approach different from pure banckassurance, putting in place a highly integrated banking and insurance product and service distribution system. |
| 2000 |
Aurora Assicurazioni, Navali Assicurazioni and other non-life/life insurance companies belonging to the Meie Assicurazioni Group are purchased. Their offices are respectively found in Naples, Milan and Ferrara.
A 50% stake in BNL Vita, company with offices in Rome selling life insurance products at Banca Nazionale del Lavoro (BNL) counters is also purchased.
The Unipol Group moves into fourth place on the Italian insurance market. |
| 2001 |
The first merger, between Meie Assicurazioni and Aurora takes place with the creation of MEIEAurora. |
| 2003 |
Unipol acquires the Winterthur Italia Group - with offices in Milan - from its Swiss motherhouse. |
| 2004 |
A second merger between Winterthur Italia and MEIE Aurora takes place and Aurora Assicurazioni are established. Its offices are transferred to San Donato Milanese (MI).
Navale Assicuarzioni purchases Italian life and non-life insurance companies belonging to the French Group, Mutelles du Mans Assurance. Their incorporation leads to the creation of a non-life insurance company, Navale Assicurazioni, which focuses on sales using multi-firm agents and brokers. Navale Assicurazioni’s offices are later transferred to Milan. A life insurance company called Navale Vita, with offices in Rome, is also established.
Unipol becomes the third largest company on the Italian insurance market as a result both these acquisitions and internal growth. |
| 2005 |
Within this context and, at first, in order to defend its shareholdings in BNL Vita, Unipol develops a project to acquire control of Banca Nazionale del Lavoro by means of a takeover. This, among other things, is subject to approval from the Banca d'Italia, with a prior opinion from ISVAP.
On 10 January 2006, after a particularly complex and lengthy process lasting five months, Banca D’Italia issues a communication stating that it had found that the capital adequacy standards and requirements necessary to authorise the acquisition of control in BNL have not been met. The statement is confirmed on 3 February 2006. |
| 2006 |
On January 9, following the resignation of its Chairman and Deputy Chairman, the Board of Directors appoints Pierluigi Stefanini and Vanes Galanti respectively as Chairman and Deputy Chairman of the company.
An important agreement with BNP Paribas is finalised within the first few months of 2006 providing for, among other things, the transfer of BNL shares held by the Group and the acquisition of a further 1% in BNL Vita by Unipol, brining its holdings in the company up to 51%. The operation is finalised during the course of 2007.
On June 30 the Board of Director appoints Carlo Salvatori Chief Executive Officer and entrusts him with the operative management of the company. The 2007-2009 Business Plan is then defined and approved (September) as is the project to reorganise the Group (December). The purpose of the reorganisation is to put in place a simpler and more transparent managerial and administrate model, making a clear-cut distinction between central planning and coordination and the operative functions of each company.
|
| 2007 |
The Unipol Group reorganisation continues with the acquisition of complete control over Aurora Assicurazioni by means of a voluntary takeover bid. The Unipol and Aurora insurance branch spin-offs and their transfer to two newly established companies also takes place. Lastly, Aurora is incorporated by Unipol Gruppo Finanziario S.p.A.
On September 1, following its internal reorganisation and the reorganisation of its shareholdings, Unipol Gruppo Finanziario S.p.A. begins operating as financial services holding company, maintaining its listing on the Stock Exchange.
|
| 2008 |
On 29 December the project to reorganise UGF Group insurance business is concluded, with the authorisation granted by relevant authorities to the merger of Aurora Assicurazioni into Unipol Assicurazioni, and the hive-down, from UGF to the company resulting from the merger (UGF Assicurazioni), of its services dealing with UGF Group insurance business. |
| 2009 |
On 1 February UGF Assicurazioni S.p.A is operational. The new insurance company will continue to benefit from the commercial strength of the current brand names Unipol e Aurora, each of which will keep its own identity and commercial capacity. On 23 February Unipol Banca, Unipol Merchant and Cooperleasing changed their names to UGF Banca, UGF Merchant and UGF Leasing respectively.
On 22 December UGF and BNP-Paribas entered into bancassurance partnership agreements, which included the sole distribution of BNL Vita insurance products through BNL's network of sales outlets until 31 December 2011. On 24 December BPER, BPSO and UGF launched a strategic partnership in Life and Non-Life bancassurance business, under which UGF acquired the majority of the ARCA Insurance Group and a distribution agreement was entered into for ten years. |
| 2010 |
On 29 April the Shareholders’ Meeting reappointed the Board of Directors: Pierluigi Stefanini was confirmed as Chairman and Carlo Cimbri was appointed as new Group Chief Executive Officer and General Manager. On 13 May the newly appointed BoD approved the 2010-2012 Business Plan and adopted the first Group 2010-2012 Sustainability Plan.
On 22 June the acquisition of the majority holding in ARCA Group was executed. 24 June marks the start of the hive-off of Navale Assicurazioni's insurance business to UGF Assicurazioni and, after the hive-off, of its merger into the parent UGF. |