Asemas

What Asemas does

ASEMAS, Mutua de Seguros y Reaseguros a Prima Fija is a Spanish mutual insurance company founded in 1983 and headquartered in Bilbao. It is structured as a cooperative insurance entity owned by its policyholder-members, serving exclusively the architectural profession across Spain. Its core offering is RC Profesional (Professional Liability) insurance, segmented into nine variants covering freelance practitioners (Ejercicio Libre), employed architects (Asalariados), non-signing collaborators (No Firmantes), public officials (Funcionarios), newly registered architects (Nuevos Colegiados), architecture firms (Sociedades), long-term policies (PLP), non-construction work (Base No Construcción), and combined packages. Construction-related products include mandatory Todo Riesgo Construcción and Decenal + Triennial insurance required by Spanish building law (LOE). Complementary lines cover home (Hogar), offices (Despachos), and personal accidents. ASEMAS distributes through territorial offices physically embedded within Colegios Oficiales de Arquitectos across Spain, supplemented by telephone teleoperadores, a Virtual Office portal, the APP Asemas mobile application, and the lanzaTE student platform that bundles free CYPE software with free accident insurance for architecture students. Revenue is generated through recurring insurance premiums across all product lines, with variable premium declarations (DRO/DRS/DRL/DRLS/DRB/DRN) for project-specific construction underwriting. The company has handled 95,000 claims, maintains a network of 400 expert architect appraisers, and reports 86% recommendation and 90% management approval rates among its mutualists.

Name

Asemas

Legal name

ASEMAS, Mutua de Seguros y Reaseguros a Prima Fija

Website

https://asemas.es

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

ASEMAS is a Spanish mutual insurance cooperative founded in 1983 in Bilbao, providing professional liability, construction, and ancillary insurance exclusively to architects and architecture firms across Spain. It distributes through territorial offices embedded within Colegios Oficiales de Arquitectos, digital portals, and student pipelines.

Ownership category

akta.pro rank

Product category

Professional Liability Insurance

NAICS

Insurance Carriers (5241)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)

Keywords

• Professional liability insurance
• Mutual insurance services
• Architects civil liability
• Construction insurance
• Reinsurance services

Headquarters

HQ city

Bilbao

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Liability Insurance Premiums: Mutual insurance premiums for civil liability coverage for architects, including policies for non-signers, freelancers, employees, civil servants, new graduates, and architecture societies
2. Construction Insurance Premiums: All-risk construction insurance and decennial plus triennial insurance for building projects
3. Property and Accident Insurance: Home insurance (Hogar), offices insurance (Despachos), accident insurance, and other miscellaneous insurance products for architects and their families
4. Student Insurance: Free accident and travel assistance insurance for architecture students (4th and 5th year, postgraduate, doctorate) until graduation

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

ASEMAS is a Spanish mutual insurance and reinsurance company (Mutua de Seguros y Reaseguros a Prima Fija) that sells professional liability (RC Profesional) insurance for architects in multiple variants tailored to professional situation, together with construction insurance (Todo Riesgo Construcción, Decenal + Trienal), property and personal accident coverage, and a free student insurance/launch program (lanzaTE) for architecture students. Products are distributed through territorial offices co-located within the Colegios Oficiales de Arquitectos, an online Virtual Office portal, a mobile app, and outbound telephone sales.

Product overview

ASEMAS is a mutual insurance company (Mutua de Seguros y Reaseguros a Prima Fija) specializing in civil liability insurance for architects in Spain. The core product portfolio centers on RC Profesional (Professional Liability) insurance, offered in multiple variants tailored to different professional situations: Ejercicio Libre for freelancers, Asalariados for employees, No Firmantes for non-signing collaborators, Base No Construcción for non-construction work, Nuevos Colegiados for newly registered architects, Sociedades for architecture firms, Largo Plazo (PLP) for long-term commitments, and Funcionarios for public officials. Complementary to this are construction-specific products including Todo Riesgo Construcción (all-risk construction) and the mandatory Seguro Decenal + Trienal (10-year structural + 3-year insurance required by Spanish building law LOE). Additional coverage includes home insurance (Hogar/Hogar Top), office multi-risk policies (Despachos/Despachos Top), personal accidents, and a free student accident policy. ASEMAS also provides digital services through the lanzaTE platform for architecture students (offering CYPE software access and free insurance) and a mobile APP for member services.

Differentiator

Problem solved

Functional benefit

Brands

• lanzaTE: Free service for architecture students providing access to software tools (Arquímedes, Arquicostes), information about competitions, training sessions, publications, prevention guides, and free student insurance.
• ASEMAS PFC
• Seguro Estudiantes Gratuito
• Entre Arquitectos

Products and services

• RC Profesional - Ejercicio Libre Professional liability insurance for architects in freelance (self-employed) practice, covering civil liability arising from their professional architectural activities. Designed for independent architects running their own practice and signing projects personally.
• RC Profesional - No Firmantes Professional liability insurance for architects who do not personally sign projects but work in the field collaborating on architectural work. Provides civil liability coverage for non-signing architects.
• RC Profesional - Asalariados Professional liability insurance for salaried architects employed by architecture firms or companies. Covers civil liability while the architect is working as an employee rather than as an independent professional.
• RC Profesional - Base No Construcción Professional liability insurance for architects working in non-construction areas such as urban planning, interior design, or restoration. Tailored for architects whose work does not involve building construction.
• RC Profesional - Nuevos Colegiados Reduced-cost professional liability insurance for newly registered architects. Designed to facilitate newly qualified architects' entry into professional practice with no fixed premium for the first period.
• RC Profesional - Sociedades Professional liability insurance for architecture firms and professional societies. Provides group civil liability coverage at the entity level for practices structured as firms or societies.
• RC Profesional - Largo Plazo (PLP) Long-term professional liability insurance policy for individual architects, designed to cover civil liability across the multi-year life-cycle of building projects under LOE.
• RC Profesional - Largo Plazo Sociedades (PLP) Long-term professional liability insurance policy for architecture firms and professional societies, providing multi-year group civil liability coverage aligned to the duration of building projects under LOE.
• RC Profesional - Funcionarios Professional liability insurance tailored for architects working as public officials or civil servants. Provides civil liability coverage for architectural work performed in public administration.
• Aseguramientos Combinados (Combined Liability Packages) Combined professional liability insurance packages that bundle multiple coverage types (for example, professional liability + construction + property) into a single policy for architects.
• Todo Riesgo Construcción All-risk construction insurance covering damages to building works during the construction phase. Sold to architects and project stakeholders for projects under their direction.
• Seguro Decenal + Trienal Mandatory 10-year structural insurance (Decenal) and 3-year insurance (Trienal) for buildings, as required by Spanish building law (LOE). Covers structural defects in the years following completion, including the unique Triennial Damage Insurance offering.
• Seguro de Accidentes para Estudiantes Free accident and travel assistance insurance for architecture students in their 4th and 5th year, postgraduate and doctorate, until graduation. Includes medical assistance up to 12,000 EUR, baggage loss up to 2,500 EUR, and accident cover of 3,000-6,000 EUR.
• Seguro de Hogar (Home Insurance, standard and Top variant) Home insurance policy (standard Hogar and premium Hogar Top) for architects and their families, covering property damage and liability in the home.
• Multirriesgo para Despachos (Office Multi-Risk, standard and Top variant) Multi-risk insurance for architecture offices (standard Despachos and premium Despachos Top), covering business property, contents, and liability at the firm.
• Seguro de Accidentes (Personal Accident) Personal accident insurance for architects, covering injury or death arising from accidents in the course of professional and personal life.
• lanzaTE Student Program Free digital platform and program for architecture students providing access to CYPE architectural software (Arquímedes, ArquiCOSTES), training sessions, publications, prevention guides, competitions information, and a free accident and travel insurance policy until graduation.
• APP Asemas Mobile Application Mobile application providing digital access to services and information for ASEMAS mutualists, complementing the Virtual Office portal for policy management and services on the move.

Quantifiable outcome

• 86% of mutualists would recommend ASEMAS
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• ARQUIA (Espacio Arquia Madrid)minorStrategic or Co-development Partner · 31 October 2025Collaboration for hosting the VI ASEMAS PFC 2025 Architecture Competition awards ceremony at Espacio Arquia in Madrid, featuring master architect discussions
• Colegio Oficial de Arquitectos de España (CSCAE)coreOthersNational council of Spanish Architects' Associations, with ASEMAS maintaining territorial offices within their facilities across Spain
• CYPE (Arquímedes, Arquicostes)coreTechnology or IntegrationSoftware provider partnership offering free access to CYPE architectural software (Arquímedes for measurements/budgets, Arquicostes for project cost calculation) through the lanzaTE student program
• Various Spanish Architecture Schools (ETSAB, ETSAM, ETSA Sevilla, etc.)coreStrategic or Co-development PartnerPartnerships with Spanish architecture schools for the ASEMAS PFC competition and lanzaTE student program, coordinated through school coordinators and tutors

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Beazley: Lloyd's specialty insurer with a leading professional liability and construction line. Comparable to Asemas because both write professional and construction-related liability for highly specialized risks where expertise and claims-handling reputation drive underwriting margins, though Beazley operates across geographies and professions.
• Mutua Madrileña: Spanish mutual insurer (Mutua de Seguros) serving multiple professional collectives with a comparable mutual ownership and member-centric model. Directly comparable to Asemas because both operate as Spanish Mutuas de Seguros y Reaseguros leveraging professional association channels and recurring member premiums, though Mutua Madrileña is far larger and multi-line.
• Pelayo Mutua de Seguros: Spanish mutual insurance company operating on a similar Mutua cooperative structure serving specific customer collectives. Comparable to Asemas because of the mutual ownership model and member-aligned distribution, though Pelayo focuses on auto and home for consumer collectives rather than professional liability.
• Hiscox: Specialty professional liability insurer focused on small-business and professional E&O lines. Comparable to Asemas because both underwrite professional liability as a core franchise with deep technical specialization, though Hiscox serves multiple professions globally and Asemas is single-profession single-country.

Broad incumbents

• Generali España: Spanish subsidiary of a global insurer offering P&C, life, and professional liability products. Comparable as a broad-incumbent Spanish insurer whose casualty and construction offerings compete with Asemas' Todo Riesgo Construcción and Decenal lines.
• MAPFRE: Spain's largest insurance group offering P&C, life, and reinsurance products including professional and construction lines. Comparable as the dominant broad-incumbent Spanish insurer whose multi-line portfolio overlaps Asemas' product set, providing the competitive benchmark against which Asemas defends its architect niche.
• AIG (Professional Lines): Global insurer with a large Professional Liability / E&O franchise including architects & engineers coverage. Comparable to Asemas because AIG writes architects and engineers professional liability globally and is a natural competitor for cross-border Spanish construction projects, though AIG operates as a broad-incumbent carrier rather than a profession-specific mutual.
• Zurich Insurance (España / Construction): Global insurer with a substantial Construction and Professional Liability franchise competing for the same Spanish architects, engineers, and construction projects. Comparable as a broad-incumbent whose specialty construction book competes with Asemas' Todo Riesgo Construcción and Decenal product.

Regional players

• Plus Ultra Seguros: Spanish general insurer offering multi-line P&C coverage including construction and liability. Comparable as a regional Spanish competitor whose generalist product set overlaps parts of Asemas' portfolio, though Plus Ultra is broader-segment and not profession-specific.
• Reale Seguros Generales España: Spanish subsidiary of the Italian Reale Group offering multi-line insurance including construction and liability. Comparable as a regional P&C carrier with overlapping product lines, though Reale is generalist and not architect-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=boMpPc5r6HQ
• Xx.com/asemas_es

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Asemas