Azos
Azos is a Brazilian insurtech founded in 2020 that sells digital individual life insurance and ancillary coverage (critical illness, disability, funeral) directly and through an 11,000+ broker network across 24 cities, using AI-driven underwriting and claims automation powered by proprietary mortality big-data analytics.
- Company typePrivate
- Founded2020
- HeadquartersSão Paulo, Brazil
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Azos does
Azos is a Brazilian insurtech founded in 2020 that provides individual life insurance and ancillary coverage products through a fully digital, AI-powered platform. The company serves Brazilian consumers and families seeking accessible insurance without medical exams, occupation restrictions, or lengthy underwriting processes. Azos operates under a Managing General Agent (MGA) model, partnering with Excelsior Seguros for policy issuance and with Swiss Re for reinsurance capacity. It is headquartered in São Paulo and employs 101–250 people.
Azos's core product is a life insurance policy (Seguro de Vida) offering coverage up to R$1 million for digital-sourced contracts, supplemented by three modular add-on products: critical illness coverage for 13 conditions including cancer, stroke, and heart attack; total permanent disability from accident; and funeral assistance (up to R$7,000). A proprietary platform feature called Guardião enables policyholders to designate a trusted contact who ensures the policy is activated, with proactive CPF lookup functionality. Revenue is generated through recurring monthly premiums starting from R$5, with risk-based pricing driven by age, health, profession, and coverage amount.
Azos distributes through a hybrid model combining a direct-to-consumer digital channel (website and mobile app, with self-serve simulation and policy issuance in under five minutes) with a broker partner network of over 11,000 across 24 Brazilian cities. Its AI infrastructure powers instant underwriting—approving 30% of policies in seconds with a stated target of 50%—automated claims processing that reduces turnaround from days to hours, and broker sales tooling. Big data analytics built on 7.8 million Brazilian government death records (2014–2019) enable risk pricing segmented by profession, age, and gender. As of 2026, the company reported R$307 million in annualized premiums, 100,000+ active policies, and over R$120 billion in insured capital, representing just over 1% of Brazil's individual life insurance market.
Azos firmographics
Firmographics- Name
- Azos
- Legal name
- AZOS TECNOLOGIA E SERVIÇOS LTDA
- Website
- https://azos.com.br
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Azos is a Brazilian insurtech founded in 2020 that sells digital individual life insurance and ancillary coverage (critical illness, disability, funeral) directly and through an 11,000+ broker network across 24 cities, using AI-driven underwriting and claims automation powered by proprietary mortality big-data analytics.
- Ownership category
- akta.pro rank
Azos industry classification
Industry- Product category
- Digital Life Insurance
- NAICS
- Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)
- SIC
- Life Insurance (6311), Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Simplified Issue Whole Life / UL Insurance (FSAIABAH)
- akta.pro secondary industries
- Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK), Individual AD&D Insurance (Direct-to-Consumer) (FSAIALAC), Final Expense Term Life Insurance (FSAIAAAI), Individual Health Insurance Administration (TPA/ASO) (FSAIAEAK)
Keywords
Where Azos is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Azos business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Life Insurance Premiums: Azos earns revenue through monthly insurance premiums paid by policyholders. The company offers life insurance (morte), critical illness (doenças graves), total disability by accident (invalidez), and funeral assistance (assistência funeral) products. Premiums are paid monthly as recurring subscriptions, with policies starting from R$5 per month and coverage up to R$1 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Digital Life Insurance - Basic Coverage |
| Subscription | Monthly | Critical Illness Coverage |
| Subscription | Monthly | Total Disability by Accident Coverage |
| Subscription | Monthly | Funeral Assistance Coverage |
| Subscription | Monthly | Specialist Broker Contracted Coverage |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Azos product offering
Product offeringCore offering
Azos is a Brazilian insurtech that sells 100% digital individual life insurance products directly to consumers and through a national broker network, operating as a Managing General Agent (MGA) underwritten by Excelsior Seguros and reinsured by Swiss Re. Its core products are Seguro de Vida (life insurance up to R$1 million), Doenças Graves (critical illness covering 13 diseases), Invalidez Total por Acidente (accident disability), and Assistência Funeral (funeral assistance), all contracted online in under 5 minutes without medical exams and approved in as little as 30 seconds.
Product overview
Azos is a digital life insurance platform operating as an MGA (Managing General Agent) with partnerships with Excelsior Seguros and Swiss Re. The core product is the Seguro de Vida (Life Insurance) with coverage up to R$1 million, supported by three add-on coverage modules: Doenças Graves (Serious Illness), Invalidez Total por Acidente (Total Disability from Accident), and Assistência Funeral (Funeral Assistance). The platform includes a proprietary Guardião feature that enables policyholders to designate a trusted person to ensure claims are filed. All products are 100% digital with no medical exams required and approval in as little as 30 seconds.
Differentiator
Problem solved
Functional benefit
Products and services
- Seguro de Vida (Life Insurance)
- Doenças Graves (Critical Illness Coverage)
- Invalidez Total por Acidente (Total Disability by Accident)
- Assistência Funeral (Funeral Assistance)
Quantifiable outcome
- 30% of policies approved instantly (targeting 50%)
- +3 more outcomes
Companies that use Azos
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Azos technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Azos partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Excelsior SeguroscoreExcelsior Seguros is one of Brazil's largest insurance companies with over 80 years of market experience. They are responsible for issuing Azos insurance policies. This is the primary insurance carrier partnership that enables Azos to offer regulated insurance products.
- Swiss RecoreSwiss Re is the world's second largest reinsurer with over 150 years of experience and operations in more than 80 offices globally. They partner with Azos to guarantee payment of insurance policies and provide reinsurance capacity.
Scale indicators7 records
Recent moves2 records
Expansion highlights6 records
Azos competitors and assessment
Company assessmentBroad incumbents
- Porto Seguro: Major Brazilian insurance company with broad personal and commercial lines including life. Comparable as an established Brazilian insurance incumbent competing for the same individual consumers, with growing digital distribution channels that compete with Azos's online GTM.
- SulAmérica: One of Brazil's largest traditional insurance and healthcare groups with broad life, health, and P&C offerings. Comparable as a major Brazilian insurance incumbent that Azos competes against in the individual life segment, though with a much larger portfolio and agent-based distribution.
- Bradesco Seguros: Insurance arm of Bradesco, the largest Brazilian individual life insurer (with Prudential, controls 64% market share). Comparable as the dominant incumbent that benefits from captive bank distribution and represents the structural competitive moat Azos must overcome.
- Zurich Brasil: Brazilian arm of Zurich Insurance Group, offering life and P&C products through both direct and broker channels. Comparable as a global insurance incumbent with a Brazilian life insurance presence competing for the same broker-distributed individual life customers as Azos.
- Prudential do Brasil: Brazilian arm of Prudential Financial, one of the two market leaders in Brazilian individual life insurance (combined 64% share with Bradesco). Comparable as a dominant legacy life carrier competing directly for Azos's target customer and incumbent anchor against which Azos's market share is benchmarked.
- MetLife Brasil: Brazilian operations of MetLife, a global life insurance leader offering individual and group life products. Comparable as a multinational life insurer competing in the Brazilian individual life segment with established brand and broker distribution.
Direct peers
- Justos: Brazilian digital-first insurtech (initially auto, expanding into other lines) using data-driven underwriting and a mobile-first customer experience. Most directly comparable to Azos as a Brazilian insurtech challenger targeting consumer insurance through simplified digital distribution.
- 180° Seguros: Brazilian insurtech offering simplified, digital life and personal insurance products to individual consumers. Comparable to Azos in targeting the same underserved middle-class Brazilian consumer with streamlined digital products and broker partnerships.
Emerging players
- Ethos Life: US digital life insurance provider offering simplified-issue term and whole life with no medical exams in many cases. Comparable to Azos as a digital-first, simplified-issue life insurer targeting consumers who want fast, frictionless coverage.
- Lemonade: US digital-first insurtech using AI-driven underwriting and a mobile-native customer experience across renters, home, auto, pet, and term life. Comparable to Azos as a tech-forward insurtech using AI underwriting and a friendly digital brand to disrupt legacy insurance, though focused on different product lines and geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Azos social profiles
Digital presenceAzos compliance and trust
Trust signalCompliance1 record
Azos financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azos leadership team
Management profileNumber of profiles
Profiles3 records
Azos funding detail
Funding detailFunding overview
Funding rounds6 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azos M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azos
What does Azos do?
Azos is a Brazilian insurtech that sells 100% digital individual life insurance products directly to consumers and through a national broker network, operating as a Managing General Agent (MGA) underwritten by Excelsior Seguros and reinsured by Swiss Re. Its core products are Seguro de Vida (life insurance up to R$1 million), Doenças Graves (critical illness covering 13 diseases), Invalidez Total por Acidente (accident disability), and Assistência Funeral (funeral assistance), all contracted online in under 5 minutes without medical exams and approved in as little as 30 seconds.
Is Azos a public or private company?
Azos is a private company. It is classified as venture growth investor backed and is currently operating.
When was Azos founded?
Azos was founded in 2020. It employs 101 to 250 people.
Where is Azos based?
Azos is headquartered in São Paulo, Brazil, in the Latin America region.
How does Azos make money?
One revenue line is on record: life Insurance Premiums.
Who are Azos's main competitors?
Broad incumbents on record are Porto Seguro, SulAmérica, Bradesco Seguros, Zurich Brasil, Prudential do Brasil and MetLife Brasil. Direct peers are Justos and 180° Seguros. Emerging players are Ethos Life and Lemonade.
Does Azos have an API?
No public API is recorded for Azos.
What industry is Azos in?
Azos's product category is Digital Life Insurance. Its primary akta.pro industry code is FSAIABAH, Simplified Issue Whole Life / UL Insurance, with a secondary code of FSAIABAK, Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness). Its NAICS code is 524113 and its SIC code is 6311.