TIREA - Information Technology and Networks for Insurance Entities

Insurance Technology Services (InsurTech)tirea.es

TIREA is a Spanish cooperative IT platform providing 30+ technology services to 750+ insurance entities, covering inter-insurer claims processing, sectoral databases for risk pricing and fraud prevention, electronic invoicing for 35,000+ workshops, broker interoperability, and regulatory compliance infrastructure.

Company typePrivate
Founded1997
HeadquartersLas Rozas De Madrid, Spain
Headcount51–100
GTM typeB2B
OfferingSoftware

What TIREA - Information Technology and Networks for Insurance Entities does

TIREA (Tecnologias de la Informacion y Redes para las Entidades Aseguradoras) is a Spanish cooperative IT company founded on December 11, 1997, with the support of UNESPA (the Spanish Insurance Employers' Association) and 165+ founding insurance entities that represented 80% of sector billing at inception. Currently the company has 77 shareholders, almost entirely insurance entities, and operates as a neutral sectoral utility providing centralized technology infrastructure for the Spanish insurance industry. TIREA is headquartered in Las Rozas de Madrid, employs 120+ people, and operates 30+ distinct services that span the full insurance value chain from claims processing and electronic invoicing to broker interoperability, sectoral data registries, fraud prevention, and cross-border vehicle insurance.

The platform's technical architecture is built around a centralized IT infrastructure accessible via authenticated web portals, SOAP/Web Services APIs, and nightly batch file exchange. Core technology components include MicroStrategy Intelligence Server for the ESA actuarial reporting platform, a permissioned Hyperledger-based Blockchain network for the Coaseguro (CYGNUS) co-insurance system, and electronic signature/trust services for document management. The service catalog is organized into four categories: Entity Processing Services (CICOS, SDM, SDP, InterEx, Coaseguro, SCCS) for inter-insurer claims settlement; Provider Integration and Billing Services (CAS, GSF, Tire@Asistencia, PCS, SFE, Gestaller, InFacT) for electronic invoicing and payment flows with 35,000+ repair workshops, 1,600+ assistance firms, and 1,750+ medical centers; Sectoral Databases (SINCO with 5-year policyholder histories, ESA, FIVA, SIIA, SIAPTRI with 93%+ motor insurance participation, SIPFSRD) for risk pricing and fraud prevention; and Support Services (CIMA, SGDS, BAREMO, ReCIS, Sefron) for broker interoperability, digital signatures, regulatory compliance, and international certificate issuance.

TIREA's business model is cooperative membership and service-fee based, with revenue generated from 750+ insurance entities paying for platform usage, data access, and transaction processing across the interconnected services. The platform processes 5 million+ roadside assistance assignments annually, 1.8 million+ material damage claims, and over 3,000 million euros in payments through SFE, CAS, and FHS services. Distribution is exclusively direct B2B, with no consumer-facing channels, and go-to-market is driven by sector endorsement through UNESPA, regulatory mandates (ReCIS, FIVA, Sefron), and the cooperative ownership structure that aligns incentives across competing insurers.

TIREA - Information Technology and Networks for Insurance Entities firmographics

Firmographics

Name: TIREA - Information Technology and Networks for Insurance Entities
Legal name: Tecnologías de la Información y Redes para las Entidades Aseguradoras, S.A.
Website: https://tirea.es
Company type: Private
Founded year: 1997
Operating status: Operating
Headcount range: 51–100 employees
Short description: TIREA is a Spanish cooperative IT platform providing 30+ technology services to 750+ insurance entities, covering inter-insurer claims processing, sectoral databases for risk pricing and fraud prevention, electronic invoicing for 35,000+ workshops, broker interoperability, and regulatory compliance infrastructure.
Ownership category
akta.pro rank

TIREA - Information Technology and Networks for Insurance Entities industry classification

Industry

Product category: Insurance Technology Services (InsurTech)
NAICS: Administrative and Support Services (561), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
SIC: Services-Computer Programming Services (7371)
akta.pro primary industry: Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG)
akta.pro secondary industry: Roadside Assistance & Towing Memberships (Bundled with Service Contracts) (FSAJALAL)

Keywords

Insurance claims processing
Insurance data exchange
Sectoral fraud prevention
Electronic invoicing services
Insurer interoperability platforms

Where TIREA - Information Technology and Networks for Insurance Entities is headquartered

Location

Headquarters

HQ city: Las Rozas De Madrid
HQ country: Spain
HQ region: Europe

Offices1 record

Markets served

TIREA - Information Technology and Networks for Insurance Entities business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Technology or R&D, Personnel, Operations, Infrastructure

Revenue model

Membership and Service Fees from Insurance Entities: TIREA operates as a cooperative owned by 77 insurance company shareholders. Revenue is generated through service fees paid by adherent insurance entities for access to and use of its platforms. Services are funded by participating insurers who pay for platform usage, data access, and transaction processing.
Sectoral Data Services: TIREA manages sector-wide databases (SINCO, ESA, FIVA, SIAPTRI, SIPFSRD) that provide aggregated data to participating insurers for actuarial, pricing, and fraud prevention purposes. These are core revenue-generating data infrastructure services.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

TIREA - Information Technology and Networks for Insurance Entities product offering

Product offering

Core offering

TIREA develops and operates a centralized IT platform providing 30+ technology services for the Spanish insurance sector, including inter-insurer claims processing (CICOS, SDM, SDP), electronic invoicing with 35,000+ repair shops (SFE), sectoral insurance databases (SINCO, ESA, FIVA, SIAPTRI), fraud prevention systems, blockchain-based co-insurance exchange, and broker interoperability (CIMA). These services are delivered via web portals, Web Services APIs, and batch file exchange to 750+ insurance entities, processing 5M+ roadside assistance assignments, 1.8M+ claims, and €3B+ in payments annually.

Product overview

TIREA provides a comprehensive platform of 30+ technology services for the Spanish insurance sector, organized into four main categories: Entity Processing Services (claims management between insurers including CICOS, SDM, SDP, SCCS, InterEx, Coaseguro), Provider Integration and Billing Services (CAS, GSF, Tire@Asistencia, PCS, SFE, Gestaller, Gescol, BPO, GCS, InFacT), Sectoral Databases (SINCO/SIHSA, ESA, FIVA, SIIA, SIAPTRI, SIPFSRD), and Support Services (Póliza Digital, SIR, BAREMO, SIE, CIMA, SGDS, ReCIS, Sefron). The CIMA platform serves as the central interoperability hub connecting all insurers with mediation channels under the EIAC standard. Services are accessible via web portals, Web Services APIs, and batch processing, with key platforms including the Blockchain-based Coaseguro system, electronic invoicing infrastructure, and sectoral fraud prevention databases.

Differentiator

Problem solved

Functional benefit

Products and services

CICOS Inter-entity claims processing system that streamlines and automates accident claim processing between two insurance entities under CIDE/ASCIDE conventions, including economic settlement via a central clearing house. Designed for insurance companies handling two-vehicle accidents with material damage.
SDM Service facilitating management of material damage claims excluded from CIDE/ASCIDE conventions when more than two vehicles are involved in an accident. Covers information exchange and economic compensation between insurance companies.
SGR

Quantifiable outcome

5 million+ roadside assistance assignments processed annually
+5 more outcomes

Companies that use TIREA - Information Technology and Networks for Insurance Entities

Customer profile

Named customers25 records

Segments4 records

Ideal customer profiles3 records

TIREA - Information Technology and Networks for Insurance Entities technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

Feature15 records

TIREA - Information Technology and Networks for Insurance Entities partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

OFESAUTO (Oficina Española de Aseguradoras de Automóviles)coreStrategic or Co-development Partner · 1 January 2000OFESAUTO is the Spanish National Bureau of the International Motor Insurance Certificate (CIS) and the Spanish Compensation Body. TIREA and OFESAUTO have collaborated for over 20 years on border insurance and international certificate systems. TIREA hosts and operates ReCIS (centralized CIS registry, mandatory since June 2021) and Sefron (digital frontier insurance policy issuance, available since May 2021) on behalf of OFESAUTO.
UNESPA (Unión Española de Entidades Aseguradoras y Reaseguradoras)coreStrategic or Co-development Partner · 11 December 1997UNESPA is the Spanish Insurance Employers Association that co-founded TIREA in 1997 alongside 165+ insurance entities. UNESPA promotes and sponsors TIREA's sectoral services including SINCO, ESA, SIAPTRI, SIPFSRD, co-insurance conventions, and the InterEx extrajudicial dispute resolution protocol. UNESPA also regulates the Code of Conduct governing TIREA's data processing systems under GDPR.
Consorcio de Compensación de Seguros (CCS)coreStrategic or Co-development PartnerThe CCS is Spain's insurance compensation consortium that acts as both a direct insurer for extraordinary risks and as a guarantee fund for uninsured/robbed vehicles. TIREA operates multiple systems for the CCS including FIVA (vehicle insurance registry), SCCS (damage claims automation with CCS), TCA (atypical storm reimbursement management), and SGR (extraordinary risk recovery).
Dirección General de Tráfico (DGT)coreStrategic or Co-development PartnerSpain's Directorate General for Traffic collaborates with TIREA and the CCS through FIVA to monitor mandatory vehicle insurance compliance. Traffic data and FIVA vehicle registration data are cross-referenced to identify uninsured vehicles.
Consejo General de la Abogacía Española (CGAE)minorStrategic or Co-development PartnerThe General Council of Spanish Lawyers collaborated with UNESPA and TIREA to create the SDP LEX platform, enabling electronic communication between lawyers and insurers for personal injury claims from traffic accidents under a formal convention.
Secretaría de Estado de Seguridad del Ministerio del InteriorminorStrategic or Co-development PartnerThe Spanish State Secretariat for Security (Ministry of Interior) signed a 2019 collaboration agreement with UNESPA for information sharing. TIREA's SIAPTRI system contributes vehicle disappearance and total loss data to BDSN (Base de Datos de Señalamientos Nacionales), while the Secretariat notifies vehicle recoveries to TIREA for distribution to insurers.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

TIREA - Information Technology and Networks for Insurance Entities competitors and assessment

Company assessment

Broad incumbents

Guidewire Software: Core-systems platform for property & casualty insurers (policy, billing, claims). Adjacent to TIREA because both serve Spanish/European insurance IT modernization, though Guidewire focuses on in-house core systems rather than inter-company clearinghouse services.
Duck Creek Technologies: SaaS core systems for P&C insurers. Comparable as an enterprise insurance-IT vendor targeting the same Spanish insurer buyer base, but offering policy/claims core systems rather than sectoral clearinghouse platforms.
LexisNexis Risk Solutions: Insurance data, identity and fraud analytics provider (C.L.U.E., VitalChek, etc.). Comparable to TIREA's fraud-prevention databases (SIAPTRI, SIPFSRD) and information services (SIE via AXESOR) at a larger, multi-country scale.

Direct peers

CCC Intelligent Solutions: Auto-insurance claims and network management platform connecting insurers, repairers and parts suppliers. Directly comparable to TIREA's Gestaller, SFE, SDP and CAS modules that orchestrate vehicle-repair and medical workflows.
Solera Holdings: Global automotive claims and repair ecosystem (Audatex, AutoPoint, holmatro). Closely comparable to TIREA's roadside-assistance, repair-shop and claims-settlement infrastructure for motor insurers.
Verisk Analytics: US-listed insurance data, analytics and risk-assessment firm that operates sectoral databases (e.g., A-Claims, ISO claimSearch) similar in function to TIREA's SINCO/ESA/SIAPTRI/SIPFSRD. Both monetize aggregated insurance data assets across many carriers.
Mitchell International (Enlyte): Auto-claims management software and networks used by insurers, repairers and medical providers in North America. Compares to TIREA's claims clearing, repair-shop integration and medical-billing services.

Emerging players

FRISS: AI-driven fraud detection platform for property & casualty insurers. Partial overlap with TIREA's SIPFSRD and SIAPTRI fraud databases, but delivered as vendor SaaS rather than a sector-cooperative utility.

Others

AXCO Insurance Information Services: Provider of insurance market intelligence and regulatory data worldwide. Adjacent to TIREA's SIE/SINCO information services but focused on global market intelligence rather than transactional clearing.

Regional players

CISG (Gesamtverband der Deutschen Versicherungswirtschaft, GDV service arm): GDV in Germany operates sectoral insurance databases and infrastructure (e.g., ZIS, NaLiS) analogous to TIREA's SINCO, FIVA and ESA — same cooperative/sectoral utility model, but serving the German market rather than Spain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

TIREA - Information Technology and Networks for Insurance Entities compliance and trust

Trust signal

Compliance4 records

TIREA - Information Technology and Networks for Insurance Entities financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TIREA - Information Technology and Networks for Insurance Entities leadership team

Management profile

Number of profiles

TIREA - Information Technology and Networks for Insurance Entities funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

TIREA - Information Technology and Networks for Insurance Entities M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about TIREA - Information Technology and Networks for Insurance Entities

What does TIREA - Information Technology and Networks for Insurance Entities do?

Is TIREA - Information Technology and Networks for Insurance Entities a public or private company?

TIREA - Information Technology and Networks for Insurance Entities is a private company. It is classified as corporate owned and is currently operating.

When was TIREA - Information Technology and Networks for Insurance Entities founded?

TIREA - Information Technology and Networks for Insurance Entities was founded in 1997. It employs 51 to 100 people.

Where is TIREA - Information Technology and Networks for Insurance Entities based?

TIREA - Information Technology and Networks for Insurance Entities is headquartered in Las Rozas De Madrid, Spain, in the Europe region.

How does TIREA - Information Technology and Networks for Insurance Entities make money?

Two revenue lines are on record. Membership and Service Fees from Insurance Entities are the primary driver. The others are sectoral Data Services.

Who are TIREA - Information Technology and Networks for Insurance Entities's main competitors?

Broad incumbents on record are Guidewire Software, Duck Creek Technologies and LexisNexis Risk Solutions. Direct peers are CCC Intelligent Solutions, Solera Holdings, Verisk Analytics and Mitchell International (Enlyte). FRISS is listed as an emerging player. AXCO Insurance Information Services is listed as an others. CISG (Gesamtverband der Deutschen Versicherungswirtschaft, GDV service arm) is listed as a regional player.

Does TIREA - Information Technology and Networks for Insurance Entities have an API?

Yes. TIREA services expose Web Services for system integration. SINCO offers online queries via Web Service in real-time. BAREMO interacts with insurance company information systems through Web Services. CAS provides real-time information exchange and web-based access. PCS supports both web application and integration with existing information systems. SFE manages electronic invoice processing and payment. GSF includes Web Services for policy and claims management. SDP LEX supports both Web access and Batch processing via Web Service with IP-controlled access. ReCIS enables certificate generation via Web Services, own web platform, or flat file. Developer documentation is at documentacion.tirea.es.

What industry is TIREA - Information Technology and Networks for Insurance Entities in?

TIREA - Information Technology and Networks for Insurance Entities's product category is Insurance Technology Services (InsurTech). Its primary akta.pro industry code is BPAEAPAG, Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance, with a secondary code of FSAJALAL, Roadside Assistance & Towing Memberships (Bundled with Service Contracts). Its NAICS code is 561 and its SIC code is 7371.