Type Sociedade Anônima Industry Financial Services Revenue 5.7 billion USD (2013) | Traded as BM&F Bovespa: PSSA3 Founded 1945 | |
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Stock price PSSA3 (BVMF) R$ 28.46 -0.09 (-0.32%)24 Mar, 2:10 PM GMT-3 - Disclaimer CEO Fabio Luchetti (Aug 2012–) Founders Amador Aguiar, José da Cunha Júnior, José Andrade de Souza, José Alfredo de Almeida Profiles |
Porto Seguro is the third largest insurance company in Brazil, was funded 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.
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.
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.).