Letter from the Chairman

Thinking about tomorrow, today: there is no more suitable expression to synthesise the philosophy of sustainability.
By definition, being sustainable means looking to the future, being confident and committed to preserving the value created and generating it again.
Let us not forget that the insurance business arose with the aim of protecting and preserving value, so that it can be safely handed down for the benefit of the generations to come.
That is why Cattolica’s business is directly in line with the new frontiers of sustainability, and is fully aware that the same are not limited to that which is highlighted by income and financial results.
We have always tried to consider the future in our business, and create the conditions for it to offer prospects for longlasting development for people and the community.
We work in the present so that tomorrow is better and can be confidently lived. I am convinced that in our sector, responsible management is also the premise on which long-term success is built.
I am referring, for example, to the relationship with the customer, which very often lasts a very long time, sometimes decades. The most authentic core of this daily work is to
support and advise current and potential customers when they choose us as their reference company, or approach us for their safety and protection needs.
But we also know that an increasing number of people are sensitive to the way in which, as an economic player, Cattolica conducts its business and makes its contribution to the development of society, the territory and to the protection of the environment.
The ultimate base of our action must therefore lie in a system of modern values and founding principles that are often, and rightly, referred to in the Non-Financial Statement; operating in a sustainable and responsible manner is only a natural corollary of this value structure.
Social responsibility must first and foremost be expressed in our core business: insurance products and solutions that help people and businesses implement their projects and make them feel safe and protected.
However, we want to go beyond this and take initiatives that go over and above the scope of institutional operations.
We do this by offering various forms of support to projects that promote the centrality of the person and his/her development, both inside and outside the Group.
Every year we compare ourselves to that which has been achieved in the past, and above all, what we are able to do: this is how we contribute to the common good with transparency, comparability and evaluability.
And once again the Sustainability Report is the synthetic but exhaustive representation of the initiatives that Cattolica has implemented, as well as the constant dialogue with stakeholders who have growing expectations of us.
Those who know me well know how much importance I have always given to the relationship and ties that Cattolica can and must establish with the reference territories.
I believe that the success of future models of society an business must be sought in innovation, in the ability to rethin products and services, but also in forms of social coexistence that are more attentive to people.
It is a concept of sustainability that is measured in the cohesion of a community and in the quality of life of all its members, no one excluded. I am convinced that a cooperative like Cattolica is in a privileged position and internally has all the ethical, human and managerial qualities to assume this responsibility.
Paolo Bedoni