SulAmérica Seguros


SulAmérica is the second largest Brazilian insurance company with more than 6.3 million customers. The company was founded in 1895 and is controlled by the Larragoiti Family.

History

In January 2019, SulAmérica installed vending machines selling travel insurance in the São Paulo–Guarulhos International Airport. In August 2019, SulAmérica Seguros sold its automobile insurance operations to Allianz for R$ 3 billion.

Description

The company operates in the life insurance, health, automobiles, and other balance-sheet. The company's businesses are conducted through a broad and diversified distribution network, included more than 29,000 active brokers, employers, joint ventures and strategic alliances to sell its products with major financial institutions operating in Brazil, such as BV Financeira, HSBC, Santander and Banco Safra.