U.S. RE - Sforni Form Strategic Alliance


PEARL RIVER, NY--(Marketwire - October 6, 2009) - U.S. RE Corporation, the international reinsurance brokerage firm, has formed a strategic alliance with Bruno Sforni S.p.A, a leading insurance and reinsurance broker in Milan, Italy, Tal P. Piccione, Chairman/CEO of U.S. RE, announced.

"We're pleased to join in this alliance with Bruno Sforni in Italy," Piccione said. "The combination of U.S. RE's access to global reinsurance markets and Sforni's prominence in the Italian insurance and reinsurance business will forge a productive relationship," he added. Riccardo Nicolini, Senior Vice President-International, will oversee U.S. RE's role in the alliance.

Bruno Sforni S.p.A is one of the oldest insurance and reinsurance brokerage firms in Italy, having been in business for more than 100 years under the Sforni name. Sforni provides a wide range of property/casualty insurance with specialties in agriculture, banking, personal accident, and leisure boating.

"We look forward to working closely with U.S. RE to build business in the reinsurance sector and expand the range of services we offer our clients," said Bruno Sforni, President and CEO of Sforni S.p.A.

The alliance will be based in the office of Bruno Sforni, S.p.A., Via Pantano, 28, 20122 Milano, Italy (bruno@sforni.it).

Contact Information: Media Contact: Mechlin Moore MDM Communications 845-920-7081 U.S. RE Executive Contact: Riccardo Nicolini 845-920-7069