By Antonia Di Lorenzo 
 

Assicurazioni Generali SpA (G.MI) said Tuesday it approved a new organizational structure in Italy, aimed at strengthening the development of its corporate business.

The new structure, effective Sept. 1, is aimed at helping the Italian insurer meet the challenges of its Strategy 2021 program, Generali said.

It will better integrate the Generali Country Italy operation and Generali's insurance-offering platform Global Business Lines. The new structure will also include the creation of a strategy and business-development function for its corporate segment.

"We want to be faster in the implementation of the Strategy 2021...by boosting the development of our corporate business, which might also come through international business agreements," said Mr. Sesana, country manager and chief executive of Generali Italia and Global Business Lines.

 

Write to Antonia Di Lorenzo at antonia.dilorenzo@wsj.com; @AntoniaDL89

 

(END) Dow Jones Newswires

July 30, 2019 12:24 ET (16:24 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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