French digital insurance broker +Simple has signed an agreement to acquire the entire capital of Italian insurtech Crea Assicurazioni.
Crea Assicurazioni, whose business model is entirely digital, has acquired a central position on the Italian market of insurtech services thanks to a digital cloud platform for the distribution of insurance products. The company offers brokers, insurance agents, banks and companies a technologically advanced solution.
In 2022, the company collected premiums of EUR 18 million and generated commissions of EUR 5.2 million.