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.

Sul América S.A.
Sociedade Anonima
Traded asB3: SULA3, SULA4, SULA11
IndustryFinancial services
Founded1895
HeadquartersRio de Janeiro, Brazil
Key people
Patrick Antonio Claude de Larragoiti Lucas, (Chairman)
Gabriel Portella, (CEO)
ServicesInsurance
Revenue US$ 5.2 billion (2018)
US$ 233.0 million (2018)
Total assets US$ 7.0  billion (2018)
Number of employees
7,390
Websitesulamerica.com.br

History

In January 2019, SulAmérica installed vending machines selling travel insurance in the São Paulo–Guarulhos International Airport.[1] In August 2019, SulAmérica Seguros sold its automobile insurance operations to Allianz for R$ 3 billion.[2]

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.

References
  1. "SulAmerica implanta totens em Cumbica para venda de seguro viagem". Diário do Turismo (in Portuguese). 2019-01-08. Retrieved 2019-09-03.
  2. "SulAmérica vende operação de automóveis para Allianz por R$ 3 bi - Economia". Estadão (in Portuguese). Retrieved 2019-09-03.
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