Porto Seguro is the third largest Brazilian insurance company in

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

, was founded in 1945 and has more than 13,000 employees. The company operates through its subsidiaries in Brazil and Uruguay. It is headquartered in

São Paulo São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...

. The company offers car insurance, residential, health, life, and business, and the consortium also offers auto and homeowners, pension, savings bonds and other financial services. Porto Seguro competes with

Bradesco Seguros Bradesco Seguros, created in 1983 from the acquisition by Banco Bradesco bank of the company Atlântica Boavista de Seguros. It is the largest insurance company of Brazil Brazil, officially the Federative Republic of Brazil, is the larges ...

, BB Seguridade, SulAmérica,

Mapfre Mapfre, S.A. (, officially typeset MAPFRE) is a Spanish multinational insurance company, based in Majadahonda, Madrid. The name comes from the old mutual origin of the company (''Mutualidad de la Agrupación de Propietarios de Fincas Rústica ...

Zurich Insurance Group Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. the group is the world's 98th largest public company according to ''Forbes'' Global 2000s list, and in 2011, it ranked 94th i ...

and other insurance and reinsurance companies in Brazil. Porto Seguro is the leader in the auto and homeowner insurance segments in Brazil and has around 10 million clients all over the different business lines. Currently, the company is owned by the Brazilian businessman Jayme Garfinkel and the bank

Itaú Unibanco Banco Itaú Unibanco S.A. is a Brazilian financial services company headquartered in São Paulo, Brazil. Itaú Unibanco was formed through the merger of Banco Itaú and Unibanco in 2008. It is the largest banking institution in Brazil, as well ...

, 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."

Aston Martin F1 Team Aston Martin is a British car manufacturer that has participated in Formula One in various forms and is currently represented by a team named as Aston Martin Aramco F1 Team. The company first participated in Formula One during the 1959 Formula ...

announced Porto Seguro as a partner at the

2022 Abu Dhabi Grand Prix The 2022 Abu Dhabi Grand Prix (officially known as the Formula 1 Etihad Airways Abu Dhabi Grand Prix 2022) was a Formula One motor race that was held on 20 November 2022 at the Yas Marina Circuit in Abu Dhabi, United Arab Emirates. Max Verstappe ...

for the 2023 season.

References

Financial services companies established in 1945 Financial services companies of Brazil Companies listed on B3 (stock exchange) Companies based in São Paulo Brazilian brands Insurance companies of Brazil {{Brazil-econ-stub