SABSEG GROUP
SABSEG Group is a Spain-headquartered insurance brokerage consolidation platform that acquires and integrates regional Iberian brokers under Miura Partners' majority ownership, intermediating approximately €500 million in premiums and serving businesses plus high-net-worth clients across Southern Europe.
- Company typePrivate
- Founded2021
- HeadquartersMadrid, Spain
- Headcount101–250
- GTM typeB2B
- OfferingServices
What SABSEG GROUP does
SABSEG Group is a Spain-headquartered insurance brokerage consolidation platform serving the Iberian Peninsula and Southern Europe. Founded in 2021 by private equity firm Miura Partners, the company acquires and integrates regional insurance brokerages under a shared platform while preserving each acquired firm's local brand and client relationships. As of the source data, integrated entities include Banasegur, Ores & Bryan, Brokers Consultores, Sabseg Seguros (Portugal), and Op de Beeck & Worth, collectively intermediating approximately €500 million in premiums and serving a base that includes 7,000+ clients within the Op de Beeck & Worth portfolio alone.
The company operates as a B2B insurance intermediary, generating revenue through commissions earned on placing insurance coverage with carriers on behalf of clients. It distributes property, casualty, marine, aviation, health, construction, cybersecurity, and other specialized lines through its network of local expert advisors, targeting enterprises and SMEs as its primary segment, with a secondary high-net-worth and expatriate segment served through Op de Beeck & Worth. The core technology layer is not publicly disclosed, and the value proposition rests on combining tier-one bargaining power and product access with local-market knowledge, proximity, and multilingual service.
SABSEG's go-to-market is a hybrid: organic growth through its integrated brokerage network supplemented by a programmatic M&A pipeline targeting independent brokers seeking scale without losing identity. In March 2026, Schroders Capital made a minority investment alongside Miura Partners as part of a recapitalization to fund continued expansion. The company is led by Chairman and CEO Eduardo Dávila and is privately held under Miura Partners' majority control.
SABSEG GROUP firmographics
Firmographics- Name
- SABSEG GROUP
- Website
- https://sabseggroup.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SABSEG Group is a Spain-headquartered insurance brokerage consolidation platform that acquires and integrates regional Iberian brokers under Miura Partners' majority ownership, intermediating approximately €500 million in premiums and serving businesses plus high-net-worth clients across Southern Europe.
- Ownership category
- akta.pro rank
Where SABSEG GROUP is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices2 records
Markets served
SABSEG GROUP business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Insurance brokerage commissions: As an insurance brokerage platform, SABSEG generates revenue through commissions earned from placing insurance products with insurance carriers on behalf of clients. The company intermediates insurance policies for businesses across various segments including property, casualty, marine, aviation, health, and specialized lines.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
SABSEG GROUP product offering
Product offeringCore offering
SABSEG Group is an integrated insurance brokerage and risk advisory platform intermediating specialty insurance coverage for corporate clients, expatriates, and high-net-worth individuals across the Iberian Peninsula. The group consolidates multiple specialist brokerages under one platform, placing approximately €500 million in annual premiums with underwriters across more than 17 specialty lines including marine, aviation, cybersecurity, construction, financial lines, art, health, and surety.
Product overview
SABSEG Group operates as a platform-based insurance brokerage consolidation model in the Iberian Peninsula and Southern Europe. The platform unifies multiple acquired regional brokerages (Banasegur, Ores & Bryan, Brokers Consultores, Sabseg Seguros Portugal, and Op de Beeck & Worth) under a network of local experts combining niche knowledge, territorial coverage, and customer-oriented service. The platform offers specialized insurance protection for businesses, providing the sophistication of a large broker with the proximity of a local partner.
Differentiator
Problem solved
Functional benefit
Products and services
- Banasegur Integrated Spanish corporate insurance brokerage brand within the SABSEG platform, providing specialty insurance placement and risk advisory for enterprise and mid-market clients.
- Ores & Bryan Specialty insurance brokerage brand within the SABSEG platform offering bespoke coverage placement for corporate clients across the Iberian market.
- Brokers Consultores Insurance consulting and brokerage brand within the SABSEG platform providing advisory-led risk and insurance solutions to corporate clients.
- Sabseg Seguros (Portugal) Portuguese insurance brokerage brand within the SABSEG platform delivering specialty insurance placement and advisory services to corporate and individual clients in Portugal.
- Op de Beeck & Worth Specialty insurance brokerage brand integrated into the SABSEG platform, extending the group's reach into specialty risk placement across the Iberian and broader European market.
Companies that use SABSEG GROUP
Customer profileSegments3 records
Ideal customer profiles3 records
SABSEG GROUP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SABSEG GROUP partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Op de Beeck & WorthcoreSABSEG announced the integration of Op de Beeck & Worth, a long-established Spanish broker specializing in expatriates and high-net-worth clients. Headquartered in Marbella with 45 years of experience, Op de Beeck & Worth brings a portfolio of over 7,000 clients served by multilingual professionals across Costa del Sol and Madrid. The transaction, pending regulatory approval, expands SABSEG's capabilities in the affluent client segment.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
SABSEG GROUP competitors and assessment
Company assessmentBroad incumbents
- Willis Towers Watson (WTW): Global advisory, broking, and solutions firm operating across risk management and insurance brokerage. Direct head-to-head incumbent for large enterprise and specialty placements in Iberia.
- Lockton: Largest privately held insurance broker globally, operating across commercial and benefits lines. Overlaps with SABSEG's enterprise client focus but at vastly greater scale across multiple continents.
- Aon: Global professional services firm offering risk, insurance brokerage, and reinsurance solutions. Overlaps with SABSEG on large corporate and specialty insurance placement in the Iberian market.
- Marsh McLennan: Global risk management and insurance brokerage leader (Marsh) within Marsh McLennan. Competes with SABSEG on enterprise and specialty lines across Spain/Portugal and broader Southern Europe.
- Arthur J. Gallagher & Co. US-headquartered global insurance brokerage and risk management firm, acquisitive across commercial and specialty segments. Comparable incumbent broker competing for Southern European mid-market and enterprise accounts.
Direct peers
- Acrisure: US-originated insurance brokerage consolidator that has built one of the largest broker networks globally through acquisition-led growth. Closest global analogue to SABSEG's PE-backed roll-up playbook.
- Ardonagh Group: UK-based insurance broker consolidator combining retail, wholesale, and specialty platforms. Compares on aggregation model and reliance on PE capital for M&A-driven scale.
- Howden Group Holdings: London-headquartered insurance and reinsurance brokerage built through aggressive M&A roll-up of regional brokers. Direct functional analogue to SABSEG's Iberian consolidation strategy, with comparable local-merged-into-platform model.
- BMS Group: Independent specialty insurance and reinsurance broker that has expanded via acquisition across Europe, Australasia, and the Americas. Comparable to SABSEG on cross-border specialty broker consolidation.
- PIB Group: UK-focused insurance intermediary built through serial acquisitions of regional brokers. Closely matches SABSEG's strategy of acquiring and integrating local broker brands under a unified platform.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
SABSEG GROUP social profiles
Digital presenceSABSEG GROUP financial estimates
Financial estimateRevenue estimate
Valuation estimate
SABSEG GROUP leadership team
Management profileNumber of profiles
Profiles1 record
SABSEG GROUP subsidiaries and ownership
Company hierarchySubsidiaries5 records
SABSEG GROUP funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SABSEG GROUP M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SABSEG GROUP
What does SABSEG GROUP do?
SABSEG Group is an integrated insurance brokerage and risk advisory platform intermediating specialty insurance coverage for corporate clients, expatriates, and high-net-worth individuals across the Iberian Peninsula. The group consolidates multiple specialist brokerages under one platform, placing approximately €500 million in annual premiums with underwriters across more than 17 specialty lines including marine, aviation, cybersecurity, construction, financial lines, art, health, and surety.
Is SABSEG GROUP a public or private company?
SABSEG GROUP is a private company. It is classified as private equity controlled and is currently operating.
When was SABSEG GROUP founded?
SABSEG GROUP was founded in 2021. It employs 101 to 250 people.
Where is SABSEG GROUP based?
SABSEG GROUP is headquartered in Madrid, Spain, in the Europe region.
How does SABSEG GROUP make money?
One revenue line is on record: insurance brokerage commissions.
Who are SABSEG GROUP's main competitors?
Broad incumbents on record are Willis Towers Watson (WTW), Lockton, Aon, Marsh McLennan and Arthur J. Gallagher & Co.. Direct peers are Acrisure, Ardonagh Group, Howden Group Holdings, BMS Group and PIB Group.
Does SABSEG GROUP have an API?
No public API is recorded for SABSEG GROUP.