We operate in the insurance market, which, via our direct and indirect subsidiaries – Porto Seguro Cia., Porto Seguro Saúde, Porto Seguro Vida e Previdência, Porto Seguro Uruguay, Azul Seguros, Itaú Auto e Residência, among others –, and provide individuals, families, corporations, and government bodies in Brazil, especially in the states of São Paulo and Rio de Janeiro, and Uruguay with a wide range of products. Currently, we are four largest insurance carrier and the leading auto and homeowners' insurance company in Brazil. In Uruguay, we are the second biggest auto insurance company.
Since our company was established in 1945, we try to expand our businesses by using innovation, which is applied to the improvement of products and services and the development of new solutions that meet the needs of all of our clients. Based on this strategy, our portfolio is growing constantly, which turns Porto Seguro into a brand that is ever-present in the everyday lives of people at all times. Bike Serviços, Serviços Avulsos, Porto Vias, and Auto Mulher are examples of customized products and services that are a part of the everyday lives of a growing number of clients, who have various needs.
Our corporation is composed of nineteen (19) companies, which are divided into insurance carriers, financial-services firms, and general service providers. In 2003, we expanded our footprint in the insurance market by acquiring Azul Seguros – previously known as AXA Brasil –, with options for the auto, property, and life segments (with the exception of retirement products).
In 2009, we associated with Itaú Unibanco to create a new company, Itaú Seguros de Auto e Residência. In 2011, we established Porto Seguro Telecomunicações S.A., a phone service provider.
Group Companies
LINES OF INSURANCE
Porto Seguro Companhia de Seguros Gerais
Porto Seguro Vida e Previdência S/A
Porto Seguro Saúde S/A
Porto Seguro Seguros Del Uruguay S/A
Azul Seguros
Itaú Seguros de Auto e Residência S/A
Established in 1945, this is the main company in the group. It operates auto, property, renters', and inland marine insurance portfolios.
Established in 1986, it exclusively operates in the lines of life insurance and individual retirement arrangements.
This company has been operating in the healthcare industry for more than 10 years. It works with health and dental insurance for corporations as well as small and midsized businesses.
Established in 1995, it is the second largest auto insurance company in Uruguay. It works with the lines of auto, homeowners', fire and theft, renters', farm machinery, glass, liability, and inland marine insurance, among others.
After acquiring Axa Seguros, it became a part of the Company in 2004 under the corporate name Azul Seguros. It operates in the line of auto insurance.
It became a part of Porto Seguro in 2009 after an association with Banco Itaú Unibanco. It operates in the lines of auto and homeowners' insurance in Brazil.
Other Segments
Portoseg S/A
Portoseg Promotora de Serviçoes S/C Ltda.
Porto Seguro Administradora de Consócios Ltda.
Porto Seguro Proteção e Monitoramento Ltda.
Portopar Dristrib. de Títulos e Valores Mobiliários Ltda.
Established in 2002, it operates in the payday loan, working capital, vehicle financing and refinancing, and investment segment.
It has been renewing and prospecting for new businesses for insurance brokerage firms for more than 10 years.
With over 25 years in business, it operates in the automobile, real-estate, and professional equipment consórcio business.
Established in 1998, it operates in the around-the-clock property, transportation, and vehicle monitoring and tracking industry.
Established in 1996, Porto Seguro Investimentos specializes in asset management and financial consulting.
Crediporto Promotora de Serviços Ltda.
Porto Seguro Serviços Médicos Ltda.
Porto Serviços S/A
Porto Seguro Serviços Atendimento S/A
Established in 2007, it distributes Portoseg's products.
Established in 1996, it provides outpatient health services and prepares and implements occupational-health programs.
Established in 2008, it provides services to corporate and residential condominiums.
Established in 2009, it provides outbound and inbound telemarketing, communications, call center, and general customer support services.
Groundbreaking Products and Services
In 2011, we broke new ground and expanded our range of products and services. Highlights included:
Porto Seguro Consórcio – Professional Equipment: we expanded our businesses to include consórcio transactions for professional equipment.
Porto Seguro Eventos: this line of insurance includes a wide range of coverage for organizers, attendees, and associates. Basic coverage insures you against property or bodily damage to third parties or the policyholder's employees arising from several perils, such as cancellations or accidents.
Portable Equipment Insurance: this line expanded coverage and now covers the iPad and similar devices, insuring you against perils such as aggravated theft or larceny, fire, lightning, explosion, and other consequences, as well as additional coverage against electrical damage.
Porto Seguro Residência e Equipamentos Portáteis: this free disposal service is now available for electronic devices. This service is delivered in association with Descarte Certo, a Brazilian company specializing in picking up and recycling cell phones, smartphones, CPUs, printers, laptops, camcorders, among others.
Porto Seguro Shipping Insurance: this provides you with insurance coverage when shipping goods. It gives you a set of basic and additional coverage for trucking and air carriage. This insurance policy protects you against several unforeseen events.
Porto Seguro Residência Veraneio: this homeowners' insurance policy contains vacation home-specific coverage. It insures you against several types of perils, from fire to explosion to theft to electrical damage to personal and family liability.
Seguro Residencial Itaú: this insurance is now offering you environmental services that contribute to environmental protection. These include: environmental education, where policyholders learn how to use natural resources and avoid waste, and smart disposal, where we pick up items that are no longer being used, such as furniture, electronics, and appliances.
Porto Seguro Viagem: this insurance policy gives ample coverage to travelling policyholders. You can buy this insurance policy for domestic or international trips and include medical assistance, luggage tracking, trip interruption and cancellation services, as well as a travel schedule, recommendations and reservations for hotels, restaurants, and parks, car rental discounts, among others.
Porto Seguro Telecomunicações: we cover the entire Brazilian territory with our mobile virtual network operator (MVNO) footprint. We enter this industry with Datora Telecom and TIM is our network provider in all Brazilian states. We intend to optimize our internal management of cell phone costs and take the opportunity to bring together our insurance products to add mobility to our clients and insurance brokers. We are now deploying our infrastructure and establishing our business model, but MVNOs are expected to attract 16 million subscribers in Brazil and reach USD 1 billion in sales within the next five years.
