Gruppo MutuiOnline (MOL) Stock Overview

Gruppo MutuiOnline S.p.A., through its subsidiaries, provides retail credit and insurance brokerage, and credit-related outsourcing services in Italy. It operates through Broking Division and Business Process Outsourcing (BPO) Division segments. The Broking Division distributes mortgage loans through a network of field agents and through mutuionline.it website; consumer loans through prestitionline.it website; and insurance products, including motor third party liability and other motor insurance products through cercassicurazioni.it website. This segment also offers comparison and promotion of e-commerce operators through the trovaprezzi.it website; telecommunications and energy services through sostariffe.it website; and fondionline.it, an on-line mutual fund supermarket. In addition, it operates Broking Division under the Segugio.it brand. The BPO division offers outsourcing services for banks, financial intermediaries, and insurance and investment companies, which includes remote loan sales and packaging; mortgage underwriting and closing services; notary support services; and real estate appraisal and technical real estate services. This segment also provides application processing and portfolio management services for salary and pension guaranteed loans; management and claim settlement outsourcing services for non-motor insurance; and administrative outsourcing services for leasing and long-term rental operators, as well as operational service solutions and technology platforms to investment and management companies. The company was founded in 2000 and is headquartered in Milan, Italy.