Internacional de Seguros

What Internacional de Seguros does

Internacional de Seguros (legal name Compañía Internacional de Seguros, S.A.) is a privately held, multi-line insurance company headquartered in Panama City, Panama, operating under the regulatory supervision of the Superintendencia de Seguros y Reaseguros de Panamá. Founded in 1910, the company underwrites a comprehensive portfolio spanning personal and commercial lines: auto (individual and fleet), life, health, residential and commercial fire, personal accidents, travel assistance, surety bonds (fianzas), cargo transportation, group/collective coverage, and miscellaneous risks (riesgos varios). The firm serves both individual consumers and business/enterprise customers across Panama, with an extended presence in Costa Rica via a separate operating domain (iseguros.cr).

The company's technology footprint is built around proprietary web-based systems including COBEIS (coinsurance processing and settlement), SIEPA (Sistema Integral de Evaluación de Pruebas de Asegurabilidad for underwriting eligibility), and SIRA (Sistema Integral de Reclamos Auto for auto claims management), complemented by the Portal Virtual de Corredores for registered insurance brokers and self-serve online quoting tools for Auto Express, Auto Cobertura Completa, personal accidents (Milenium), and travel assistance. Mobile applications on iOS and Android provide policyholders with policy management, claims filing, and assistance service access. Ancillary service features include 24/7 nationwide roadside assistance (Asistencia Vial Express) and 24/7 home assistance (Asistencia Hogar). Integration is limited to Google Analytics for web usage measurement; no public API, SDK, or AI/ML capabilities are disclosed.

The business model is premium-driven, generating recurring subscription-like revenue from annual and periodic policy premiums across multiple lines, with an additional reinsurance division (Reaseguros) that accepts ceded risk from other insurers. Distribution operates through four parallel channels: direct branch sales (10+ physical locations spanning Panama City and provincial centers including Los Pueblos, Vía España, Centennial, Colón, La Chorrera, Penonomé, Chitré, Santiago, and David); online self-service portals for consumer lines; a broker channel via the Portal Virtual de Corredores and a registered corredores network; and mobile applications for existing policyholders. Customer service is delivered via phone, WhatsApp, online claim forms, and in-branch interactions. The company is compliant with FATCA, CRS, and Panama's Ley 81 of 2019 on Personal Data Protection.

Name

Internacional de Seguros

Legal name

Compañía Internacional de Seguros, S.A.

Website

https://iseguros.com

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

101–250 employees

Short description

Internacional de Seguros is a privately held Panamanian multi-line insurer (founded 1910) offering auto, life, health, property, surety, and commercial insurance to individuals and businesses across Panama and Costa Rica, distributed via branches, broker portals, online tools, and mobile apps.

Ownership category

akta.pro rank

Product category

Multi-line Insurance

NAICS

Insurance Carriers and Related Activities (524), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Insurance Carriers, Nec (6399), Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Travel & Accident (Non-Life) Insurance (FSAJAMAN)

Keywords

• Insurance products
• Auto insurance
• Life insurance
• Commercial insurance
• Insurance brokerage

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Collection of insurance premiums from policyholders for coverage across multiple insurance lines including auto, life, health, property, and commercial insurance. Premiums are recurring based on policy terms (annual or periodic payments).
2. Reinsurance Ceded Premiums: The company operates a reinsurance division (Reaseguros) suggesting they also act as a reinsurer, accepting risk from other insurers in exchange for reinsurance premiums.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Internacional de Seguros is a multi-line insurance company that underwrites and distributes personal and commercial insurance products in Panama. Its portfolio includes personal lines (auto, life, health, residential fire, personal accident, travel assistance, miscellaneous risks) and commercial lines (commercial fleet, commercial fire, group/collective, surety bonds, cargo transport, miscellaneous risks), supported by proprietary claims, underwriting, and broker management systems, online self-service quoting tools, a mobile application, and 24/7 roadside and home assistance services.

Product overview

Internacional de Seguros operates as a multi-line insurance company offering a comprehensive portfolio of property, casualty, life, and health insurance products for both individual and commercial customers in Panama. The product portfolio is organized into two main segments: Individual products (Automóvil, Vida, Salud, Incendio Residencial, Accidentes Personales, Asistencia Viajera, and Riesgos Varios) and Business/Enterprise products (Flota Comercial, Incendio Comercial, Colectivos, Fianzas, Transporte de Carga, and Riesgos Varios). Digital service delivery is provided through web-based portals including COBEIS (broker administration), SIEPA (underwriting eligibility evaluation), SIRA (auto claims management), Casos Legales (legal cases), and a mortgage creditor policy inquiry system, along with online quoting tools for Auto Express, Auto Cobertura Completa, Accidentes Personales, and Asistencia Viajera. The company also provides 24/7 roadside and home assistance services and maintains a mobile application for iOS and Android.

Differentiator

Problem solved

Functional benefit

Products and services

• Automóvil (Auto Insurance)

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature7 records

Partnerships

One partnership is on record.

• Superintendencia de Seguros y Reaseguros de PanamacoreOthersRegulatory oversight body that supervises and regulates insurance and reinsurance operations in Panama. The company is regulated and supervised by this government authority as displayed on their website and official documents.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• ASSA Compañía de Seguros: Largest insurance carrier in Panama offering multi-line personal and commercial insurance (auto, life, health, fire, marine). Directly comparable as a Panamanian multi-line insurer with national branch network competing for the same customer segments.
• Pan-American Life Insurance Group: Mutual insurance holding company with significant Panama and Central America presence offering life, health, and accident insurance. Directly comparable for life and health insurance product lines in the same geographic footprint.
• SURA Panamá (Seguros Sura): Panamanian operations of Latin American insurance group SURA, offering personal and commercial lines. Comparable as a multi-line insurance carrier competing for the same individual and enterprise customers in Panama.
• ACERTA Seguros: Panamanian insurance company offering auto, fire, life, and personal accident coverage. Direct competitor within Panama's multi-line insurance market with overlapping product categories.
• MAPFRE Panamá: Panamanian subsidiary of Spanish global insurer MAPFRE, offering auto, life, health, and property insurance. Direct competitor in Panama's multi-line market with comparable product breadth and branch distribution.
• La Regional de Seguros: Panamanian insurance carrier offering personal and commercial lines including auto, fire, and life. Comparable regional multi-line carrier competing in the same Panamanian market segments.
• Mundial de Seguros: Panamanian insurance company offering auto, fire, life, and surety products. Direct competitor in Panama for both individual and commercial insurance lines.

Regional players

• Quálitas Compañía de Seguros: Panamanian auto insurance specialist with growing commercial fleet business. Comparable for the auto and commercial fleet segments where Internacional de Seguros has material exposure.
• INS Instituto Nacional de Seguros (Costa Rica): Costa Rican state-owned multi-line insurer with auto, life, health, and property products. Highly comparable because Internacional de Seguros operates in Costa Rica and competes for the same Costa Rican customer segments with similar multi-line offerings.

Broad incumbents

• Grupo Generali (Generali Panamá): Global insurance group with Panama operations offering life and P&C coverage. Broad incumbent competitor with overlapping product capabilities but much wider geographic footprint and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/intdeseguros
• LinkedInlinkedin.com/company/compa-ia-internacional-de-seguros

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Internacional de Seguros