Generali signed a Memorandum of Understanding together with other five reputed academic and research entities to create the Data Science & Artificial Intelligence Institute. The goal is to create a centre of innovation to generate research and new business opportunities based on data science and artificial intelligence.

The other signing parties are: Scuola Internazionale Superiore di Studi Avanzati (SISSA), University of Trieste, University of Udine, The Abdus Salam International Centre for Theoretical Physics (ICTP), MIB Trieste School of Management.

In particular, the Data Science & Artificial Intelligence Institute, which aims to join the ELLIS (European Laboratory for Learning and Intelligent Systems) network, is intended to carry out world-class research and encourage knowledge transfer in machine learning and artificial intelligence.

Among its goals is to also pool young talent and foster new collaborations through joint activities such as seminars and workshops, PhD and master programs, dissemination activities, as well as upskilling and reskilling opportunities for the employees of industrial partners.

The Chairman of Assicurazioni Generali, Gabriele Galateri di Genola, affirmed: "At a time of immense change, data science and artificial intelligence bring opportunities to optimise efficiency and operations, and to remain by our customers' side, which are fundamental elements of our Generali 2021 strategic plan. The link between the excellence of the territory with digital transformation, knowledge sharing, and the collaboration between academics and industry leaders have a remarkable potential for innovation, both through the ability to generate value and drive development, and the capacity to anticipate and overcome contemporary challenges. With its Academy in Trieste, Generali is part of this project that adds yet another piece to the history of the Company, celebrating its 190th anniversary this year."