In the context of initiatives designed to increase value for shareholders and to ensure the operational transparency of its corporate bodies and officials, UGF has devised and implemented a structured system of rules of conduct, on a par with the most advanced standards of corporate governance in the national and international arena.
Specifically, following the reorganisation plan launched in December 2006, on 1 September 2007 UGF took on the role of holding and service company operating for the benefit of the Group, after amending its own corporate designation from Compagnia Assicuratrice Unipol S.p.A. to Unipol Gruppo Finanziario S.p.A.
Alongside this corporate restructuring, the Group launched an organisational and functional review process, which resulted in the gradual separation of the centralised and coordination functions from the operational activities conducted by the subsidiaries. The current structure will enable the UGF Group to strengthen its own position on the Italian insurance and financial markets, with clear objectives and responsibilities and following principles of transparency, effectiveness and efficiency.