Porto Seguro S.A.

Porto Seguro is the third largest Brazilian insurance company in Brazil, was founded in 1945 and has more than 13,000 employees. The company operates through its subsidiaries in Brazil and in Uruguay. It is headquartered in São Paulo.

Porto Seguro Seguros S.A.
TypeSociedade Anônima
B3: PSSA3
IndustryFinancial Services
Founded1945
HeadquartersSão Paulo, Brazil
Key people
Jayme Garfinkel, (CEO)
ProductsInsurance & Reinsurance
Revenue US$ 5.1 billion (2017)
US$ 331.9 million (2017)
Total assets US$ 8.6 billion (2013)
Number of employees
13,800 (2013)
Websitewww.portoseguro.com.br

The company offers car insurance, residential, health, life, business, consortium also offers auto and homeowners, pension, savings bonds and other financial services. Porto Seguro competes with Bradesco Seguros, BB Seguridade, SulAmérica, Mapfre, Zurich Insurance Group and others insurance and reinsurance companies in Brazil.

Porto Seguro is the leader on the auto and homeowner insurance segments in Brazil and has around 10 million clients all over the different business lines. [1]

Currently the company its owned by the Brazilian billionaire Jayme Garfinkel and the bank Itaú Unibanco, through PSIUPAR (Porto Seguro Itaú Unibanco Participações S.A.). "Since establishing an alliance with the bank Itaú in August 2009, Porto Seguro products have been available at the bank’s branches."[2][3]

References
  1. (Porto Investors Fact Sheet | 2Q13 - PDF page 1) http://www.mzweb.com.br/portoseguro/web/download_arquivos.asp?id_arquivo=4A79E4A1-B682-45FF-B6B3-1330C211550B%5B%5D
  2. Editorial, Reuters. "Business & Financial News, U.S & International Breaking News | Reuters". U.S. Retrieved 2019-02-13.
  3. "BrandZ™ Top 50 Most Valuable Latin American Brands 2018 Reports" (PDF).


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