F. Rego

Name

F. Rego

Legal name

F. REGO – Corretores de Seguros, S.A.

Website

https://frego.pt

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Corporate Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)

akta.pro industry

PRIMARYFSAEADAJ

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAD

Wholesale Insurance Brokerage (Excess & Surplus Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Corporate insurance brokerage
• Risk management services
• Claims management
• Complex enterprise risks
• International risk network

Headquarters

HQ city

Gaia

HQ country

Portugal

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Mediation/Brokerage: F. REGO acts as an insurance broker (corretor de seguros), intermediary between insurance companies and clients. Revenue is generated through commissions from insurance companies for policies placed and managed on behalf of corporate clients.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

F. REGO – Corretores de Seguros, S.A. is a Portuguese insurance broker that intermediates between insurance companies and corporate clients, specializing in complex business risks. It offers insurance brokerage, claims management, and risk management services for enterprises, supported by an international risk network for cross-border placements and exclusive association member programs.

Product overview

F. REGO is a specialized insurance brokerage operating as part of Grupo REGO, offering corporate insurance solutions with a focus on complex business risks. The company positions itself as a market leader in multiple sectors, providing international coverage through its network. The product portfolio centers on insurance brokerage services for corporate clients, complemented by acquired brands (Corbroker), underwriting agencies (SEMPER), flexible benefits platforms (PeopleInBest), and international operations (IberAssekuranz in Spain). The company does not appear to offer a single unified software product but rather insurance intermediary services and related business solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Insurance Brokerage Specialized insurance brokerage services for corporate clients, focusing on complex business risks and enterprise coverage solutions across multiple industry sectors in Portugal.
• International Risk Network International network for knowledge sharing and cross-border insurance solutions, enabling coverage across multiple jurisdictions through the Grupo REGO ecosystem.
• Claims Management Claims management services provided to corporate clients as part of the brokerage relationship, handling the end-to-end process of filing, negotiating and settling insurance claims.
• Risk Management Advisory Expert risk analysis and management advisory services for corporate clients, including proactive risk anticipation across geopolitical, climate, cyber and regulatory dimensions to support business continuity and sustainability.

Quantifiable outcome

• Combined volume of business exceeding 21 million euros in 2025

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

16 partnerships are on record, tiered core, supporting and minor.

• CorbrokercoreStrategic or Co-development Partner · 7 May 2026Grupo REGO (parent company of F. REGO) acquired 50% stake in Corbroker with agreement to acquire 100% by early 2029. Combined entity approaches top 5 national insurance brokers with ~150 collaborators and combined volume of business exceeding 21 million euros. Corbroker maintains independent operation while benefiting from synergies with F. REGO and other Grupo REGO companies.
• ANTRAM (Associação Nacional de Transportadores Públicos Rodoviários)coreStrategic or Co-development PartnerExclusive insurance program for ANTRAM members providing access to favorable contractual and financial conditions. F. REGO participates annually in ANTRAM Congress celebrating sector milestones (50th anniversary in 2025).
• ARAN (Associação Nacional do Ramo Automóvel)coreStrategic or Co-development PartnerCollaboration protocol providing ARAN members with specialized insurance solutions for automotive sector including Environmental Liability, Garage Insurance and Legal Protection. F. REGO participates in ARAN International Conference.
• APAT (Associação dos Transitários de Portugal)coreStrategic or Co-development PartnerCollaboration protocol for freight forwarding sector. F. REGO participates in APAT Congress with executive speaking on risk management topics. Dedicated insurance program for members.
• SEMPERsupportingTechnology or IntegrationInsurance underwriting agency and specialized insurance mediator within Grupo REGO ecosystem, providing complementary services to F. REGO's brokerage operations.
• PeopleInBestsupportingTechnology or IntegrationSpecialized in flexible benefits management, part of Grupo REGO ecosystem. Provides innovative compensation programs that F. REGO promotes to clients for talent attraction and retention.
• Fundação Infantil Ronald McDonaldsupportingGTM or Marketing PartnerCSR partnership supporting Ronald McDonald House charities. F. REGO donates at golf events and promotes fundraising among participants, with partnership now including Fundação Ageas.
• GRACE - Empresas ResponsáveissupportingGTM or Marketing PartnerAll Grupo REGO companies joined GRACE network of ~350 companies committed to sustainability and corporate social responsibility, aligned with UN 2030 Agenda and European Green Deal.
• Allianz PortugalminorGTM or Marketing PartnerSponsor of F. REGO Padel Cup 2024 event.
• Berkley PortugalminorGTM or Marketing PartnerSponsor of F. REGO Padel Cup 2024 event.
• Zurich Insurance Company LtdminorGTM or Marketing PartnerSponsor of F. REGO Padel Cup 2024 event.
• CooprofarminorGTM or Marketing PartnerPartner for Cooprofar Padel Series and Liga Padel Coop 2026, promoting sports and wellness among pharmaceutical sector professionals.
• Plural - Cooperativa FarmacêuticaminorGTM or Marketing PartnerCo-organizer of Liga Padel Coop 2026 with Cooprofar, promoting pharmaceutical sector networking through sports.
• Generali TranquilidademinorGTM or Marketing PartnerSponsor of F. REGO Golf Cup 2025, contributing prizes and support to the tournament.
• Ageas SegurosminorGTM or Marketing PartnerSponsor of F. REGO Golf Cup 2025, also joined partnership with Fundação Infantil Ronald McDonald.
• Fundação AgeasminorGTM or Marketing PartnerCorporate foundation of Grupo Ageas Portugal, joined F. REGO's partnership with Fundação Infantil Ronald McDonald for charitable initiatives.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Others

• Allianz Portugal: Major insurance carrier in Portugal and visible F. REGO carrier partner (Padel Cup sponsor). As a carrier it sits on the opposite side of the placement transaction, but its captive distribution and bancassurance channels represent a structural competitive threat to independent brokers.
• Tranquilidade (Generali): Major Portuguese insurance carrier within the Generali group and F. REGO carrier relationship (Golf Cup sponsor). Comparable as a counterparty in the value chain and as a benchmark for the scale F. REGO would need to capture more premium economics in-house.

Broad incumbents

• Willis Towers Watson (WTW) Portugal: Portugal presence of WTW, a global advisory and brokerage firm. Competes with F. REGO for large corporate risk placements and benefits consulting while offering broader consulting capabilities.
• Howden Portugal: European-focused specialty broker with growing Iberian footprint. Competes in the same specialty/corporate risk niches F. REGO targets, including transport, marine and professional lines.
• Lockton Portugal: Largest independent global insurance broker with operations in Iberia. Overlaps with F. REGO in corporate and specialty lines, particularly for clients with international programs.
• Arthur J. Gallagher (Gallagher Portugal): Global brokerage and risk-management firm with a growing Iberian presence. Directly comparable in corporate brokerage and risk advisory, though operating from a much larger global platform.
• Aon Portugal: Iberian operations of global broker Aon, providing commercial risk, reinsurance and human-capital solutions. Comparable in the corporate brokerage space but anchored in a much larger global network and broader service portfolio.
• Marsh Portugal: Portuguese arm of the global Marsh brokerage group, serving large corporate and multinational clients. Overlaps with F. REGO's corporate brokerage offering but competes from a global-program and risk-consulting position F. REGO cannot match.

Emerging players

• Acrisure: Fast-growing global insurance brokerage roll-up building Iberian presence. Relevant comparability as an acquisitive consolidator in fragmented broker markets — a model F. REGO is itself now pursuing with Corbroker.

Direct peers

• MDS Group: Portuguese-headquartered insurance and reinsurance broker with corporate and specialty practices. Direct head-to-head competitor to F. REGO in the Portuguese corporate brokerage market, including transport/logistics and complex-risk placements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FRegoSeguros
• YouTubeyoutube.com/channel/UC0SQ_OyO1_Pq0mBd9yqNa5w
• LinkedInlinkedin.com/company/fregoseguros

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about F. Rego