123Seguro takes over Seguro Com Voce and announces its arrival in Brazil
123Seguro, the Insurtech company with the largest regional presence in Latin America, has announced today its arrival in Brazil thanks to the acquisition of the local digital broker Seguro Com Voce.
With a decade of experience in the insurance industry, the leading Insurtech company in its segment in Argentina, Colombia, and Chile now lands in the region’s largest market. It establishes itself as the Insurtech with the greatest growth potential in Latin America.
“Getting to Brazil has always been a challenge for us since it is a market with great potential and opportunity for the insurance sector. We´ve closed a year where the Insurtech sector has established itself in the region and started one where it will most definitely continue to expand,” said CEO & Co-Founder of 123Seguro Martín Ferrari.
With the purchase of Sao Paulo-based company Seguro Com Voce, 123Seguro joins the Brazilian market, where the insurance sector has generated more than 45 billion dollars during 2019, according to the report “The Latin American insurance market” by MAPFRE Economics.
Since its origins, Seguro Com Voce has been integrating its experience as an insurance broker with different technological tools. It currently holds deals with thirteen insurance companies in Brazil, and its products reach clients from various market segments.
Thus, 123Seguro will broaden its offer of life, commercial, and car insurance, as well as its possibilities of working with the largest insurance companies in the Brazilian market.
After a decade of operating in the region, 123Seguro stands at the forefront of the Insurtech sector and sees technological advances as tools to enhance the customer experience and democratize access to insurance in all of Latin America.
Founded in 2010, it is the Insurtech company with the largest operational presence in Latin America. It provides services as a digital broker in Argentina, Brazil, Chile and Colombia. In 2020, it was selected by CB Insights as one of the seventy companies that are transforming insurance distribution in the world. Among its investors are MeLi Fund (MercadoLibre), NXTP Ventures and Alaya Capital Partners. More info: 123seguro.com