Porto Seguro

    Porto Seguro SA history, company profile (overview) and corporate video

       Porto Seguro SA is an insurance company headquartered in São Paulo, Brazil.


       The company operates in all lines of insurance: Automobile, Company Health, Business, Patrimonial, Life, and Transportation, through the companies Porto Seguro, Porto Seguro Saude, Porto Seguro Vida e Previdência, Porto Seguro Uruguay, Azul Seguros, and Itaú Auto e Residencia.

       Among the group’s businesses, it also highlighted for Consortium of Real Estate and Automobiles, Providence, Investments, Financing, Credit Cards, Protection and Monitoring, Condominium and Residence Services, and Telecommunications.


       Porto Seguro was founded in 1945 under the name of Porto Seguro Companhia de Seguros Gerais by a group of executives. At the time of its incorporation, it operated in P & C insurance and reinsurance.

       In 1972, Abrahao Garfinkel, former director of Boa Vista Insurance Group, acquired control of the company.

       In 2003, the company acquired Azul Seguros, which is mainly focused on offering auto insurance. Prior to this acquisition, Azul Seguros was called AXA Brasil and was a subsidiary of the multinational French insurance company AXA.

       In 2009, Porto Seguro and Itaú Unibanco Holding made a business combination involving their home and auto insurance operations, whereby Porto Seguro obtained the exclusive right to offer and distribute residential and auto insurance products in the Itaú’s sales channels.

       From 2010 to 2016, the company acquired the Auto portfolios of Chubb and AIG.

       With more than 14,000 employees and more than 17,000 suppliers through its companies, Porto Seguro SA is considered one of the largest insurance companies in Brazil. According to Forbes, it is considered one of the Largest Public Companies in the World.

    *Information from, Wikipedia,org, and

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    **Video published on YouTube by “Porto Seguro



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