As group chief insurance officer and deputy group CEO within the group management committee of Generali Group, Sergio Balbinot is responsible for the whole group's insurance and reinsurance activities, research and development, and EU and international affairs.
After graduating in economics and completing a scholarship at the European Community, Balbinot joined Generali's Munich office in 1983. In 1986 he moved to Generali's headquarters in Trieste, where he joined the insurance operations department. In 1989 Balbinot relocated to Zurich to take responsibility for Generali's Swiss branch. He moved to Paris in 1992 to manage the international activities of Europ Assistance.
He returned to Trieste in 1995, becoming the area manager for German-speaking countries and France. He was appointed general manager in 2000 and managing director in 2002. In 2012, following an organisational review, he became group chief insurance officer and deputy group CEO within the group management committee. In 2013, he was also nominated chairman of Generali Italia, the company resulting from the reorganisation of the Generali Group in Italy.
He is chairman, vice-chairman and director of a number of Generali companies in Europe, Asia and the USA.
In 2011 he was elected president of Insurance Europe. He is a member of several international organisations.
Balbinot is president of Bambini del Danubio, a non-profit association to aid children, which he founded in 2004.