Generali partners with a renowned partner to innovate

Generali announces the creation of a partnership with the prestigious MIT in order to drive innovation in the group on topics of AI and machine learning. This partnership illustrates the group's willingness not to lag behind in market and technology developments. A subject that Generali takes very seriously the views of the group's latest investments in this area.

FACTS

• The Generali Group recently formalized a new partnership with the Massachusetts Institute of Technology (MIT), established in January 2025.

• The insurance group will collaborate with a particular entity that is the "Laboratory for Information and Decision Systems", recognized specifically for applied research.

• Researchers will intervene on topics of AI with the aim of further developing technology in the activities of the Insurer.

• With a mechanism of three research teams, MIT will collaborate with Generali units and data experts on three main topics:

  • Advanced risk modelling;

  • Insurance claims valuation Damage;

  • Smart-subscription.

• Through collaboration with MIT researchers, the group expects to see the emergence of innovative uses related to AI, which would create a competitive advantage.

ISSUES

• Take advantage of the latest technological advances: Aware of the potential impact of new technologies on insurance, the group wants to put every chance on its side to be at the forefront of innovation. Whether it's the AI with the machine learning or the blockchain with smart-contracts, the possibilities are multiple and the gains too. High-potential ideas will then be shared within the group to foster reflection and innovation.

• Follow the group's strategy: This innovation work is part of the plan entitled "Lifetime Partner 24: Driving Growth" which aims to provide guidelines for the group's evolutions. The Partnership with MIT should meet the Group's ambitions for digital transformation and operational efficiency.

PERSPECTIVE

• The Group estimates that it has invested nearly EUR 1.1 billion in this digital transformation logic over the past three years. In this amount, $443 million was spent on digital and technology. An understandable amount when looking at the size of the group and the levers that must be put in place to change such a structure.

• The insurance sector is evolving and adapting accordingly. On the other hand, new actors appear and seize the opportunities for these changes. Be it in cyber with the arrival of new AssurTechs specialized as Stoik, in the automobile with the growth of Wrisk, etc.

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