Greenwich CT March 8, 2022… Beacon Int’l Group, publishers of Business Insurance (USA), Commercial Risk (UK), Asia Insurance Review (Singapore), Middle East Insurance Review (Amman), Insurance Advocate (NY) and Workers Comp Central (USA) today announced the acquisition of the leading Italian insurance media group, Insurance Connect, based in Milan. The new Beacon subsidiary, Beacon Italia, will include these titles: Insurance Trade, Insurance Connect, Societa e Rischio and IC TV. The media group now securely occupies the number one spot in it sector in Italy, producer of the world’s eighth largest economy and home of a $350 billion insurance market.
According to Steve Acunto, Chairman of Beacon, the acquisition positions the Company favorably: “Today, together with our important media hubs based in Singapore, London, Amman, Tampa, Greenwich and now Milan, Beacon and its 150 professionals serve the world’s leading insurance markets. Beacon media enjoy more than 1.2 million combined, audited readers and visitors each month and we look ahead to further expansion in the UK, the EU, South America, and other special sector markets in 2022 and 2023.”
Ms. Paola delle Torre, founder and publisher of the Milan based group, and Ms. Maria Rosa Alaggio, Editor in Chief, will continue to lead the Milan based media hub, joined by a most talented, dedicated staff of professionals. Mr. Mauro Benedetti has been appointed to serve as Beacon’s Executive Committee Liaison to the Milan office.
Mr. Acunto added: “From Milan, we will “partner” with Italian risk focused professionals to serve the advancement of the business of risk transfer, risk financing and risk management and to serve the best interests of Italian commercial and personal insurance buyers. These aims are common to each of our media in their respective sectors and distinguish Beacon media for its faithful advocacy of the highest standards in insuring.”
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