CORBROKER -Corretores de Seguros

What CORBROKER -Corretores de Seguros does

CORBROKER - Corretores de Seguros, S.A. is one of the largest insurance brokers in Portugal, operating since 1998 (per firmographic records; 1997 per alternate corporate-history sources) from its headquarters at Av. 5 de Outubro 17, Lisbon. The company provides comprehensive insurance brokerage services to both corporate clients (heritage protection, multi-risk, operating losses, cyber risks, fleet, construction, goods and transport, employee benefits, civil and professional liability, D&O, environmental, and credit and bonding insurance) and private individuals (life, personal accidents, home multi-risk, works of art, condominium, credit life, health, vehicle, animal, travel, savings/PPR, and investment products). It does not underwrite risk; instead it acts as intermediary across multiple insurance companies and earns commissions on placed policies, with revenue classified as recurring-commission in nature.

The firm operates a physical distribution network spanning mainland Portugal and the Azores — Lisbon HQ, Porto (Corbroker Norte), Viseu, Oeiras, Fátima, Algarve (in partnership with AJG Insurance), and Ponta Delgada (installation in progress) — complemented by dedicated contact forms on corbroker.pt for both enterprise and consumer inbound. International coverage is provided through its Uniba subsidiary. Following the May 2026 acquisition of a 50% stake by REGO Group (with a binding agreement to acquire the remaining capital at the beginning of 2029), Corbroker now operates as part of a broader national-capital Portuguese brokerage platform alongside F. REGO, SEMPER (subscription agency), and PeopleInBest (flexible benefits management), targeting top-5 status in the Portuguese market with a combined headcount of approximately 150 employees and combined turnover exceeding EUR 21 million in 2025. The company distinguishes itself through 100% Portuguese national capital, a humanistic client-advisory model, and active ESG positioning including adoption of the Punctual Payment Commitment.

Name

CORBROKER -Corretores de Seguros

Legal name

Corbroker - Corretores de Seguros, S.A.

Website

https://corbroker.pt

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

CORBROKER is a Portuguese insurance broker serving both enterprises and private individuals across all major insurance lines (life, health, property, casualty, liability, specialty), operating through a nationwide physical office network and now consolidated within the REGO Group following a 2026 50% acquisition.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAOAHAI

Reinsurance Claims, Accounting & Contract Administration (Broker Services)

Financial & Insurance/Reinsurance/Reinsurance Brokerage & Intermediation

SECONDARYBPACAGAH

Co-Employment Risk Management & Insurance (Workers’ Comp, Liability)

Business & Public Services/HR, Staffing & Recruitment Services/Contract Staffing & Independent Contractor Management

Keywords

• Insurance brokerage services
• Commercial insurance solutions
• Personal insurance coverage
• Employee benefits insurance
• Liability and property insurance

Headquarters

HQ city

Lisboa

HQ country

Portugal

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance brokerage commissions: Corbroker acts as an insurance broker (corretor de seguros), earning commissions from insurance companies for placing policies with clients. Revenue is generated through commissions on insurance products sold to both individual and corporate clients, including life, health, property, casualty, and specialty lines.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

CORBROKER is a Portuguese insurance broker (corretor de seguros) that intermediates insurance policies between clients and multiple insurance companies, earning commissions on placements. The firm offers a comprehensive portfolio covering life, health, property, casualty, liability, credit/bonding, vehicle, animal, savings/pension, and specialty lines (parametric, drone, cyber) for both corporate clients and private individuals across Portugal, supported by a national office network.

Product overview

CORBROKER - Corretores de Seguros is a Portuguese insurance broker offering a comprehensive portfolio of insurance products and services for both companies and private individuals. For companies, the core offerings include employee benefits (health, life, work accidents, personal accidents), property protection (multi-risk, operating losses, cyber risks, fleet, construction), liability coverage (civil, professional, environmental, D&O), and credit/bond insurance. For private individuals, CORBROKER provides personal insurance (life, personal accidents, travel), home insurance (multi-risk, condominium, works of art), health insurance, vehicle insurance, animal insurance, and savings/pension products. The company also offers specialty products such as parametric insurance, drone liability, and cyber risk coverage. CORBROKER operates as part of the REGO Group following a 2026 integration, maintaining independent operations while benefiting from group synergies.

Differentiator

Problem solved

Functional benefit

Brands

• Uniba: International insurance services division
• PeopleinBest

Products and services

• Parametric Insurance Parametric insurance products that provide coverage based on predefined triggers such as weather indices or other objective parameters, rather than traditional loss assessment.
• Drone Liability Insurance Drone liability insurance that guarantees compensation for damage to property and/or non-pecuniary damage resulting from bodily injury and/or material damage caused to third parties by drones during their use in Portugal.
• Cyber Risk Insurance Cyber insurance that helps prevent cyber attacks and guarantees costs related to damage suffered by the company itself, as well as liability to third parties.
• Health Insurance Health insurance providing access to consultations, examinations, hospitalisation, surgery, and treatments through a wide network of medical care providers.
• Corporate Employee Benefits (Health, Life, Work Accidents, Expatriates) Insurance products for corporate employees covering health (a tax-deductible valued benefit for employers), life, work accidents (mandatory at the workplace or commuting), and specialised programs for expatriates.
• Business Property & Continuity Insurance Multi-risk business insurance covering real estate, contents, equipment, goods, electronic equipment, machinery hull, machine breakdown, goods in transport (domestic/international), construction sector risks, commercial vehicle fleets, and compensation for loss of income due to temporary activity interruption following a covered claim.
• Business Liability Insurance Suite Corporate liability insurance covering civil liability arising from production/work/services, professional liability for legal actions in professional duties, environmental liability (cleanup, repair, defence), and D&O protection for directors and managers against financial loss claims.
• Credit and Bond Insurance Insurance protecting businesses against non-payment of credit sales of goods and services (in Portugal and abroad) plus bond insurance ensuring fulfilment of legal or contractual obligations vis-à-vis guarantee beneficiaries.
• Personal Insurance (Life, Accidents, Travel, Leisure) Personal insurance portfolio including life insurance for family financial security, personal accident cover for activities (running, cycling, golf), compulsory work accident insurance for self-employed, travel insurance covering accidents/illness/luggage/flight issues, and pleasure craft insurance for sailing in Portugal or abroad.
• Home and Housing Insurance Home insurance portfolio including multi-risk housing (fire, flood, theft, storms, electrical risks, seismic), works of art coverage, condominium multi-risk, rent income protection (unemployment/illness), local accommodation rentals, credit life linked to mortgages, and compulsory domestic worker insurance.
• Vehicle Insurance (Car and Motorbike) Car insurance with mandatory civil liability and optional cover for occupants, travel assistance, legal protection, glass breakage, replacement vehicle, and damage; plus motorbike insurance with various protection options.
• Health Card Health card providing quick and direct access to a private network of medical care at agreed prices with discounts on hospitalisation, consultations, and treatments.
• Animal Insurance (Liability and Health) Civil liability insurance for animal owners (bodily injury or material damage to third parties) plus animal health insurance covering illness or accident costs, with options for accidents, illness, or disappearance coverage.
• Savings, Pension and Investment Products Portfolio including PPR retirement savings plans supplementing Social Security, investment products ranging from guaranteed capital to higher-risk solutions with one-off or periodic delivery plans, and capitalisation products for medium/long-term savings such as children's education.
• Uniba International Insurance Services International insurance services division under the Uniba sub-brand, supporting companies with cross-border coverage needs and internationalisation.
• Insurance Brokerage Advisory and Claims Management Personalised advisory brokerage service comparing options from multiple insurance companies, tailoring solutions to client profiles, and supporting claims management across life, health, property, casualty, and specialty lines.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• F. REGOcoreStrategic or Co-development Partner · 1 May 2026F. REGO is part of the REGO Group and represents the core operating entity alongside Corbroker following the 50% stake acquisition. F. REGO brings complementary regional presence in Porto, Coimbra, Oliveira de Azeméis, and Leiria, while Corbroker adds offices in Lisbon, Oeiras, Fátima, Algarve, and Azores. The combined structure creates national coverage and cross-selling opportunities.
• SEMPERminorStrategic or Co-development Partner · 1 May 2026SEMPER is a subscription agency and specialised insurance broker within the REGO Group. Corbroker benefits from synergies with SEMPER as part of the broader group structure following the REGO Group integration.
• PeopleInBestminorStrategic or Co-development Partner · 1 May 2026PeopleInBest specialises in flexible benefits management. It is part of the REGO Group ecosystem that Corbroker now operates within, enabling synergies in employee benefits and flexible benefits solutions for corporate clients.
• Corbroker Norte (50% subsidiary)minorOthers · 1 May 2026Corbroker Norte is a 50% subsidiary of Corbroker (held together with Raquel Silva), maintaining its own corporate structure and operations from Porto and Viseu. It benefits from the synergies of integrating into the REGO Group while retaining its autonomy.
• AJG Insurance (Abílio Seguros)minorChannel Partner/ Reseller/ DistributorAJG Insurance (Abílio Seguros) operates as a partner in the Algarve region, handling Corbroker-related business in São Brás de Alportel with its own contact details and phone line.
• Sair da CascaminorOthersSair da Casca is a consultancy firm that supported Corbroker in conducting an in-depth ESG diagnosis and designing an action plan aligned with best practices in environmental, social, and corporate governance responsibility.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• GMC Brokers: Portuguese insurance broker focused on corporate and SME clients across property, casualty, and employee benefits — closely aligned with Corbroker's mid-market offering. Same-tier competitor with comparable product range.
• Aon Portugal: Global broker with a Lisbon office providing risk, health, and brokerage services to Portuguese corporates; directly competes with Corbroker's enterprise offering. Similar product portfolio, larger scale.
• Howden Iberia: European insurance broker with growing Iberian and Portuguese presence focusing on corporate and specialty lines. Competes in D&O, cyber, and commercial P&C where Corbroker also operates.
• F. REGO (Grupo REGO): F. REGO is the sister insurance broker within Grupo REGO that Corbroker joined in May 2026; together they target top-5 status in Portugal. Directly comparable Portuguese insurance broker serving corporate and individual clients with similar product breadth.
• Marsh Portugal (Marsh & McLennan): Global insurance broker with a significant Portuguese operation serving corporate and mid-market clients; directly competes for large corporate accounts where Corbroker also plays. Comparable in product breadth (P&C, employee benefits, cyber, D&O).
• Willis Towers Watson (WTW) Portugal: International broker operating in Portugal through a local entity serving corporate risk, employee benefits, and investment advisory — overlapping with Corbroker's corporate lines. Comparable mid-and-large-corporate distribution model.
• Grupo MDS: One of the largest insurance brokers in Portugal and a direct competitor to Corbroker, with similar corporate and SME focus. MDS has a comparable multi-line distribution model and is a frequent benchmark in Portugal's broker rankings.

Broad incumbents

• Fidelidade: Portugal's largest insurance group (part of Fosun) offering life and non-life through direct and broker channels. Competes with Corbroker across most product lines but as a carrier, not a pure broker.
• Generali Seguros (Portugal): Large multi-line Portuguese insurer under Generali Group; distributes through brokers including Corbroker and via direct channels. Overlapping portfolio (P&C, life, health) with Corbroker's intermediation role.
• Tranquilidade: One of Portugal's largest domestic insurance carriers spanning life and non-life; competes with Corbroker's distribution footprint via tied agents and bancassurance. A broader incumbent that overlaps in personal and SME lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Corbroker-SA-179804545370152
• LinkedInlinkedin.com/company/corbroker--corretores-de-seguros-sa.

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 CORBROKER -Corretores de Seguros