Marintec

Fides Corporate Finance assisted as Financial Advisor +Simple, a French insurtech, in the acquisition of 100 percent of Marintec, a multi-mandated agency based in Genoa that specializes in brokering and underwriting risks related to medical professions.

The acquisition of Marintec is part of the strategic plan drawn up by +Simple for development in the Italian market, centered on two pillars such as external acquisitions and the development of horizontal partnerships.

Marintec has a total portfolio worth about 7 million euros, mainly in the MedMal (Medical Malpractise) sector; also in this area, it manages the mandates of AmTrust Assicurazioni, a leading company in the MedMal market, for Health Liability coverage for public and private companies and professionals in the Health System, and BH Italia, a registered trademark of the Italian branch of Berkshire Hathaway International Insurance Limited, a British insurance company, and, finally, Sara Assicurazioni for the Civil Liability coverage of Outpatient Clinics.

Fides Corporate Finance followed the scouting, M&A and strategic negotiation profiles of the transaction.