What Pamcary does

Pamcary is Brazil's largest insurance broker, risk manager, and claims adjuster specializing in road cargo transportation insurance, headquartered in São Paulo with 501-1,000 employees and operational history spanning nearly three decades. The company brokers the full suite of transport insurance products including mandatory RC-V (per Law 14.599/2023), RCTR-C, and RC-DC coverage, alongside fleet, environmental, business, and personal lines, and distributes these via direct enterprise sales, the Pamcorp broker partner channel, and digital self-service portals. Its core differentiator is the iTorre (Operations Tower), a technology platform combining AI-driven risk prediction (96% accuracy on high-risk journeys), real-time monitoring (500,000 trips monitored monthly), and integrated logistics management. Supporting platforms include PamMap (real-time visibility dashboard with ESG indicators), Infolog Riscos (integrated risk management system), SGS (online claims handling), and Pamserv (claims adjustment via 77 operational bases across Brazil and Mercosul).

The business operates an ecosystem with wholly-owned business units covering distinct functions: Pamcorp (broker channel), Pamsaude (corporate benefits), Pamserv (claims adjustment), and Pamcard (CIOT generation, freight and toll payment via Roadcard integration). Underwriting capacity is sourced from 15+ carrier partners including SOMPO, Allianz, Zurich, Tokio Marine, Porto Seguro, Mapfre, and Liberty. The Telerisco partnership provides driver, vehicle, and cargo owner data across 5,000+ cargo terminals, serving as the data backbone for risk assessment. Customers span transport companies, shippers, autonomous truck drivers, corporate fleet operators, and insurance brokers across Brazil and Mercosul, with named enterprise clients including NIVEA, Vibra Energia, CH Robinson, DHL Express Brasil, Ipiranga, Bunge, Semp TCL, and TQUIM. Revenue is generated through insurance brokerage commissions (subscription/recurring), risk management professional services fees, claims adjustment fees, and managed benefits services.

Name

Pamcary

Legal name

Pamcary

Website

https://www1.gps-pamcary.com.br

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Pamcary is Brazil's largest cargo transport insurance broker and logistics risk manager, offering mandatory RC-V coverage, AI-driven trip monitoring via its iTorre platform, and nationwide claims adjustment through 77 operational bases for transport companies, shippers, autonomous truck drivers, and insurance brokers.

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Logistics Risk Management

NAICS

Investigation, Guard, and Armored Car Services (56161)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Commercial Package / Business Owners Policies (BOP) (FSAJAMAG)

akta.pro secondary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

Keywords

• Cargo transport insurance
• Logistics risk management
• Fleet insurance brokerage
• Claims adjustment services
• Road freight insurance

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage - Cargo/Transport: Commissions from brokering cargo transport insurance including RCTR-C (Responsabilidade Civil do Transportador Rodoviário de Carga), RC-DC (Responsabilidade Civil por Desaparecimento de Carga), and RC-V (Responsabilidade Civil de Veículo) policies.
2. Insurance Brokerage - Vehicle/Fleet: Commissions from brokering vehicle and fleet insurance policies for corporate fleets, trucks, automobiles, and utility vehicles.
3. Insurance Brokerage - Other Lines: Commissions from business insurance, residential, travel, life, financial guarantee, and other insurance lines.
4. Risk Management Services: Fees for logistics risk management services including predictive analysis, incident prevention strategies, and continuous improvement consulting following ABNT NBR ISO 31000:2009 standards.
5. Claims Adjustment/Regulation: Fees for claims handling and adjustment services through Pamserv, with specialized professionals positioned strategically across Brazil handling accidents, cargo disappearance, damage assessment, and loss calculation.
6. Corporate Benefits Management (Pamsaude): Centralized administration of corporate insurance and benefits including group life insurance, health insurance, medical and dental assistance, and medical management.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Pamcary is a Brazilian insurance brokerage that underwrites and distributes cargo transport insurance products (RC-V, RCTR-C, RC-DC) and provides AI-driven logistics risk management, real-time operations monitoring through its proprietary iTorre operations tower, and nationwide 24/7 claims handling across 77 operational bases in Brazil and Mercosul. The company integrates insurance brokerage with predictive analytics, driver/cargo data services (Telerisco), freight payment solutions (Pamcard), and corporate benefits administration to serve transport companies, shippers, and autonomous truck drivers.

Product overview

Pamcary operates as an insurance brokerage and logistics risk management platform with a multi-product portfolio. The core offering centers on cargo transport insurance (RC-V, RCTR-C, RC-DC) combined with technology-enabled risk management services. Key technology platforms include iTorre (AI-powered operations tower), PamMap (real-time monitoring dashboard), and Infolog Riscos (integrated risk management system). The company serves transport companies, brokers, shippers, and individual drivers through specialized insurance products (automobile, fleet, business, environmental, residential, travel) and operational services (claims handling, driver data via Telerisco, payment processing via Pamcard). The ecosystem integrates insurance brokerage with predictive risk analytics and real-time operational monitoring.

Differentiator

Problem solved

Functional benefit

Brands

• iTorre: Torre de Operacoes com inteligencia - Pamcary's operations tower using intelligence and cutting-edge technology to proactively treat risk in cargo transportation.
• PamMap
• Pamcorp
• Pamsaude
• Infolog Riscos

Products and services

• Transporte de Cargas (Cargo Transport Insurance) Integrated cargo transport insurance combining RCTR-C and RC-DC coverage with risk management services, providing flexibility and cost reduction for transport companies and shippers handling road freight.
• RC-V (Responsabilidade Civil de Veículo) Mandatory civil liability insurance covering damages caused to third parties by vehicles during cargo transport. Required by ANTT for all road freight carriers per Law 14599/2023. Pamcary's RC-V is the only broker product meeting ANTT and SUSEP regulations.
• Ambiental 3.1.1 Environmental cargo insurance with integrated coverage and assistance, emphasizing prevention and emergency response management for hazardous materials transport.
• Empresarial (Business Insurance) Business insurance developed to minimize unexpected expenses for companies, with customizable plan options and coverage levels.
• Frota (Fleet Insurance) Fleet insurance solutions for corporate fleets with customized protection based on operational needs, aimed at cost reduction and maximum benefit.
• Garantia (Surety Insurance) Surety insurance optimizing working capital without affecting credit limits with financial institutions while guaranteeing contract fulfillment.
• Gestão de Benefícios Corporativos (Pamsaude) Centralized administration of insurance and benefits including group life insurance, health insurance, medical and dental management, and occupational medicine integration via the Pamsaude HR portal.
• iTorre Pamcary (Operations Tower) Intelligence-powered operations tower using AI algorithms and predictive analytics to proactively manage transport risks across all journey stages, anticipating threats and neutralizing them in real time. Processes approximately 500,000 trips monthly with 96% accuracy in identifying high-risk journeys.
• PamMap Real-time visibility platform integrating risk management, logistics, and sustainability on a single dynamic screen. Provides trip monitoring, risk alerts, claims tracking, and ESG performance indicators accessible via mobile or desktop.
• Infolog Riscos Integrated system for planning, programming, execution, and automatic control of logistics risk management processes. Connects client monitoring centers with the iTorre operations tower for integrated real-time alert tracking.
• SGS – Sistema de Gestão de Sinistro Online Online claims management system combining advanced technology, service capillarity, and efficiency of Pamcary professionals for real-time incident reporting and management.
• Pamcard Solution enabling the entire operation involving CIOT generation, freight payment, and toll payments for transportation companies, integrated with the Roadcard system.
• Gestão de Riscos Logísticos (Logistics Risk Management) Specialized risk management service for cargo transport and storage prevention, combining predictive analytics, incident prevention strategies, and continuous improvement consulting to achieve lowest total risk cost through integrated insurance and risk management tools.
• Atendimento de Sinistro (Claims Service / Pamserv) 24-hour integral claims assistance service in Brazil and Mercosul, with 77 operational bases staffed by specialized professionals positioned strategically throughout the territory for accident handling, cargo disappearance, damage assessment, and loss calculation.

Quantifiable outcome

• 96% prediction accuracy for high-risk journeys using AI algorithms
• +5 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature8 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• IpirangacoreStrategic or Co-development Partner · 11 October 2024Partnership with Ipiranga for fuel station network safety. Pamcary participated as sponsor and exhibitor at Encontro com Transportadoras 2024 event, with over 90 transport companies serving Ipiranga present and more than 400 people visiting Pamcary's booth.
• ICF (Instituto Cuidando do Futuro)coreStrategic or Co-development Partner · 25 July 2023ICF is the partner organization for the VIDA Program (Valorizando Indivíduos, Diminuindo Acidentes - Valuing Individuals, Reducing Accidents), born from the partnership between Pamcary and ICF. The program celebrates 10,000+ participations in Culture and Safety Room activities.
• DHL Express BrasilcoreStrategic or Co-development Partner · 21 July 2023DHL Express Brasil is a long-term partner of Pamcary that visited the Tower of Operations to learn about technology, analyses, and quick response capabilities for combating cargo theft, shipment losses, and transit accidents.
• TQUIM (Transportadora)minorStrategic or Co-development Partner · 21 July 2023TQUIM transport company partnered with Pamcary for risk management services. Representatives visited the Tower of Operations to learn about structure and operational model. Pamcary participated in TQUIM's 13th MSR (Motorista Socialmente Responsável) event.
• Telerisco S.A.coreTechnology or IntegrationTelerisco S.A. is a partner company of Pamcary that has operated for over 30 years in logistics, offering the most complete system of driver, vehicle, and cargo owner information in the country. Provides Big Data of consultations and research efficient and permanently updated, operating 24 hours a day, seven days a week. The system is used by more than 5,000 cargo terminals, transport companies, shippers, logistics operators, insurance companies, fuel stations and financial institutions.
• BungeminorStrategic or Co-development PartnerBunge partnered with Pamcary and Telerisco for ecodriving events for truck drivers and transport companies in Bahia, promoting sustainable transport practices.
• Pamcard (Roadcard)coreTechnology or IntegrationPamcard solution enables the entire operation involving CIOT generation, freight payment, toll payments and related logistics through integration with Roadcard system.
• Insurance Companies EcosystemcoreOthersPamcary works with multiple insurance companies for policy issuance including SOMPO, Alfa, HDI, Mitsui Sumitomo, Generali, Tokio Marine, Zurich, Porto Seguro, Bradesco Seguros, Allianz, Azul Seguros, Essor, Liberty, Mapfre, Sura, and others.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Marsh: Global insurance brokerage leader with significant Brazil presence, serving large corporates with property/casualty and cargo insurance alongside risk consulting — directly competing for Pamcary's enterprise shipper and large transport clients.
• Aon: Global insurance broker and risk manager with a strong Brazilian operation; offers cargo, fleet, and risk advisory services to large enterprises — a primary alternative for multinational shippers in Brazil.
• Willis Towers Watson: Global risk management and insurance brokerage firm with Brazil presence; competes for large corporate fleet and cargo insurance accounts with broader risk and talent capabilities.

Direct peers

• Howden Brasil: International insurance brokerage group with a dedicated Brazilian operation, providing cargo and transport insurance brokerage as well as risk management — competing head-to-head with Pamcary for transport and logistics clients in Brazil.
• Akko Seguros: Brazilian broker specializing in cargo and fleet insurance with technology-enabled risk management; targets similar transport and shipper segments as Pamcary with growing digital capabilities.

Emerging players

• Justos: Brazilian insurtech using data and AI-driven underwriting for auto and adjacent lines — adjacent threat in fleet/auto insurance and a potential tech-led disruptor of traditional brokers like Pamcary.
• Trimble Transportation: Global telematics and fleet visibility platform with Brazil presence; competes with Pamcary's PamMap and iTorre on real-time visibility and predictive risk for road freight operators.

Others

• Kuehne+Nagel: Global freight forwarder that, like Pamcary's shipper clients, operates large road freight fleets in Brazil and consumes cargo insurance, risk management, and visibility services — a potential partner or competing in-house alternative.
• Telerisco: Pamcary's partner data provider for driver, vehicle, and cargo owner information used in risk qualification; functions as an ecosystem enabler for transport risk management in Brazil.
• Susep (regulator-adjacent risk platforms): Brazilian insurance regulator governing the regulatory framework Pamcary operates within; also influences broader market standards that competing brokers and digital distributors must follow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCV4Qitd-d-TMDDseenWgG-w
• Facebookfacebook.com/gps.pamcary
• LinkedInlinkedin.com/company/377673
• Instagraminstagram.com/gps_pamcary

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 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 Pamcary