What AVLA does

AVLA is a multi-country surety bond and trade credit insurance group that provides financial guarantee products primarily to small and medium-sized enterprises (SMEs). Founded in 2014 and headquartered in Chile (with a Bermuda-domiciled group structure), the company operates across five countries — Chile, Peru, Brazil, Mexico, and the United States — and serves over 80,000 SMEs with more than 165,000 policies issued historically. Its core offerings are warranty policies (contract bonds, commercial bonds, bid bonds, performance bonds) that secure contractual compliance for construction and service projects, plus trade credit insurance that protects businesses against non-payment of accounts receivable domestically and internationally. The product portfolio has expanded into specialty lines including cyber risk, transport, civil liability, engineering, multi-risk, and property insurance.

AVLA's underlying technology consists of the Avla Accelerated fast-approval program (delivering bond issuance in 24-48 hours) and digital broker/agent portals for real-time policy issuance, management, and monitoring across multiple jurisdictions. The company is backed by 29 globally rated reinsurers providing underwriting capacity for large bond issuance. Revenue is generated primarily through insurance premiums: contract bond premiums typically run around 3% of the bond amount, with credit insurance and other lines priced on coverage limits and applicant risk profile. Distribution runs through licensed insurance agents and brokers in each market, supplemented by direct sales and self-service digital portals. Revenue was reported at approximately US$150 million in 2023, with a forward target of US$350 million. AVLA has raised over US$123 million cumulatively from institutional investors including DEG, Creation Investments, Altra, Barclays, FinDev Canada, responsAbility Investments, and Darby International Capital. Notable risks include a 2022 CMF sanction in Chile for concealed charges and usury practices and an active Public Prosecutor investigation into alleged 'usury on usury' practices.

Name

AVLA

Legal name

AVLA SEGUROS BRASIL S.A.

Website

https://avla.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

501–1,000 employees

Short description

AVLA is a surety bond and trade credit insurance group operating in Chile, Peru, Brazil, Mexico, and the United States, serving over 80,000 SMEs with contract bonds, commercial bonds, and credit insurance, backed by 29 globally rated reinsurers.

Ownership category

akta.pro rank

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Surety Bond Premiums: AVLA generates revenue through underwriting surety bonds (contract bonds, commercial bonds) where premiums are paid based on the bond amount and applicant risk profile. Contract bond premiums typically range around 3% of the bond amount.
2. Credit Insurance Premiums: Revenue from credit insurance policies that protect businesses against non-payment of accounts receivable, both domestically and internationally.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

AVLA is a multi-country surety and trade credit insurance group that underwrites financial guarantee products (contract bonds, commercial bonds, bid bonds, performance bonds) and credit insurance policies protecting businesses against non-payment of accounts receivable. The company serves SMEs across Chile, Peru, Brazil, Mexico, and the United States, operating through licensed insurance subsidiaries, an agent/broker network, and digital policy portals. Its portfolio also extends to property, cyber, transport, civil liability, engineering, and multi-risk insurance products, with fast 24-48 hour bond issuance through its Avla Accelerated program.

Product overview

AVLA is a multi-country surety and trade credit insurance group offering a comprehensive portfolio of financial guarantee products. The core offerings center on Warranty Policies (pólizas de garantía) and Credit Insurance (seguros de crédito), which work together to protect businesses against contractual non-compliance and payment default risks. Warranty Policies encompass Contract Bonds, Commercial Bonds, Bid Bonds (seriedad de la oferta), and Performance Bonds (fiel cumplimiento), while Credit Insurance products include Single Buyer Reverse and trade credit coverage. The product line extends to specialized insurance products including property damage, multi-risk, cyber risk, transport, civil liability, and engineering insurance. Regional variants include Carta fianza and Seguro de caución for Latin American markets, and Seguro Garantia and P&C products for Brazil. Avla Accelerated is a fast-approval digital feature enabling 24-48 hour bond issuance. The company operates across Chile, Peru, Brazil, Mexico, and the United States with country-specific product adaptations and digital portals for policy management.

Differentiator

Problem solved

Functional benefit

Brands

• Avla Accelerated: Fast-approval program designed to simplify the bonding process with minimal paperwork and approvals in 24-48 hours
• Venta en Verde

Products and services

• Warranty Policies (Pólizas de garantía) Financial guarantee products that ensure compliance with contractual obligations contained in contracts, laws, decrees, and other documents for public and private agreements, including bid bonds and performance bonds, marketed to SMEs and contractors.
• Credit Insurance (Seguros de crédito) Insurance that protects businesses against the risk of non-payment of accounts receivable both domestically and abroad, safeguarding income and enabling growth for SME exporters and B2B sellers.
• Contract Bonds Guarantees that ensure contractual commitments are met, providing project-completion security and financial protection for all parties in construction and service contracts.
• Commercial Bonds Bonds required across industries to ensure compliance with laws, regulations, and administrative requirements, including License & Permit Bonds, Court Bonds, and other regulatory guarantees.
• Seriedad de la oferta (Bid Bond) Guarantees that the bidder will honor their proposal in tenders, from the initial offer through contract signing, for contractors participating in Latin American public and private procurement.
• Fiel Cumplimiento (Performance Bond) Guarantees that contractual commitments will be fulfilled until final delivery of the project or service, protecting project owners against contractor default.
• Carta fianza Surety bond providing backing for contracts, widely used in Peru and other Latin American markets for public and private procurement.
• Seguro de caución (Guarantee Insurance) Guarantee insurance providing coverage against non-performance or breach of contractual obligations in the Mexican market.
• Seguro de Daños (Property Insurance) Coverage against fires, natural phenomena, and material damages to protect business assets, sold in the Mexican market.
• Seguro Multirriesgo (Multi-risk Insurance) Comprehensive coverage combining multiple insurance protections in a single policy for diverse business risks, offered in the Peruvian market.
• Riesgo Cibernético (Cyber Risk Insurance) Coverage against cyberattacks and digital threats to protect business operations and data, offered in the Peruvian market.
• Seguro de Transporte (Transport Insurance) Protection for cargo and goods during transportation against loss, damage, or theft, sold in the Peruvian market.
• Responsabilidad Civil (Civil Liability Insurance) Coverage protecting businesses against third-party claims for damages or injuries caused by the company's operations, offered in Peru.
• Seguro de Ingeniería (Engineering Insurance) Coverage for construction works and machinery, including All Risk (CAR/EAR/TREC) policies for projects, offered in Peru.
• Seguro Garantia Tradicional (Traditional Guarantee Insurance) Traditional guarantee insurance product for the Brazilian market providing contract compliance coverage.
• Seguro Garantia Judicial (Judicial Guarantee Insurance) Insurance product covering judicial obligations and litigation-related guarantees in Brazil.
• Single Buyer Reverse Credit insurance product covering payment risk for a single buyer relationship, used by SMEs to protect a specific accounts-receivable exposure.
• Seguro Patrimonial (Property Insurance) Property insurance product protecting business assets and heritage in the Brazilian market.
• Seguros P&C (Property & Casualty) Property and casualty insurance for business assets and risks in the Brazilian market, including property, liability, and related coverages.

Quantifiable outcome

• 80,000+ SMEs supported by AVLA policies
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Travelers: US-listed insurer and the largest US surety bond writer, offering contract and commercial surety bonds to contractors and SMBs through broker channels—directly comparable product set and customer type to AVLA's core surety business.
• The Hartford: Major US surety bond specialist serving small and mid-sized contractors with contract and commercial bonds, distributed through agents and brokers—same SME surety focus and broker-led distribution model as AVLA.
• Liberty Mutual Insurance: Global P&C and surety carrier with significant surety operations serving SMB contractors in the Americas; comparable in product mix (contract/commercial surety plus credit-related lines) and broker distribution.
• Tokio Marine HCC: Specialty insurer with a dedicated surety bond unit serving small and mid-sized contractors in the US; directly comparable specialty surety underwriting focus and SMB customer profile.
• Chubb: Global P&C insurer offering surety bonds and trade credit insurance with deep Latin American presence, providing direct overlap with AVLA's combined surety + trade credit offering and multi-country LatAm footprint.
• Coface: Global trade credit insurance specialist protecting businesses against accounts-receivable default, directly comparable to AVLA's credit insurance (seguros de crédito) product line and SME target market.
• Allianz Trade (formerly Euler Hermes): World's largest trade credit insurer, offering receivables protection and credit information services; directly comparable to AVLA's trade credit insurance business and similar B2B customer base of exporters and SMBs.
• SURA: Leading Latin American insurance group operating across multiple LatAm countries with a similar multi-country distribution and product diversification strategy to AVLA, serving consumers and SMEs in the region.

Broad incumbents

• Zurich Insurance: Global multi-line insurer with sizable surety and trade credit operations across Latin America; broader portfolio than AVLA but overlapping product offering, customer base, and regional footprint.
• AIG: Global insurer offering surety bonds and trade credit insurance through its specialty lines, with broad geographic reach; overlaps with AVLA on both surety and trade credit product lines but at much larger scale and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/avlainsurance
• Instagraminstagram.com/avlainsurance
• Xx.com/SomosAVLA

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AVLA