Alleanza Securitas Esperia facts for kids
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| Industry | insurance |
|---|---|
| Founded | 1933 |
| Defunct | 1998 |
Alleanza Securitas Esperia, often called Allsecures, was an Italian company that helped people and businesses protect themselves from unexpected problems. It was an insurance company. Imagine you have something valuable, like a bike. If it gets stolen or broken, insurance can help you get a new one or fix it. That's what insurance companies do!
Allsecures: A Look Back
Allsecures was an important insurance company in Italy. It was created in 1933 in the city of Rome.
How Allsecures Started
Allsecures was formed when two other companies joined together. This is called a merger. The two companies were Alleanza & Unione Mediterranea and Securitas Esperia. Securitas Esperia was already part of a bigger group called Assicurazioni Generali.
Growing in Italy
By 1965, Allsecures had become quite large. It was the thirtieth biggest insurance company in Italy. This was measured by the total amount of money people paid for their insurance, called "insurance premiums."
Joining a Bigger Group
Allsecures continued to operate for many years. Then, in 1998, it joined a large international company called AXA. This means Allsecures became part of the AXA group.
