Ores & Bryan

What Ores & Bryan does

ORES Y BRYAN CORREDURÍA DE SEGUROS, S.L. (operating as 'Ores & Bryan Sabseg') is a Spanish insurance brokerage founded in 1990 and headquartered in Málaga, with a secondary office in Marbella. The firm specializes in technical insurance for businesses and professionals, with a primary focus on credit insurance (protecting against client insolvency), surety bonds (guaranteeing contractual obligations to public administrations), and specialized lines covering construction, renewable energy, agro-food, and cybersecurity risks. It also distributes general business insurance, personal lines, and individual insurance products. The company is a member of ADECOSE (Spanish Association of Insurance Brokers) and has operated under Sabseg Group ownership since 2022.

The firm generates revenue through insurance brokerage commissions paid by carrier partners, including Zurich, Coface, AIG, SOLUNION, ASEFA, Aegon, Crédito y Caución, Azuaga, and MIC Insurance, leveraging the aggregate purchasing power of Sabseg Group, which reports €350M in intermediated premiums across Iberia, Portugal, Brazil, Angola, and Mozambique. Distribution is primarily sales-led, with each client assigned a personal advisor who conducts in-person visits and completes a tailored questionnaire; the OresNet portal, relaunched in 2025, provides digital self-service for surety bond policy management. Marketing is conducted through participation in industry events (SIMA, SIMED, The District), Show Business sessions with real estate investment funds and alternative financing platforms, a content blog, an email newsletter, and LinkedIn.

The legal entity is regulated by Spain's DGSFP under administrative authorization J-0849. Headcount is undisclosed but reported in the 11–50 range. There is no evidence of proprietary technology development beyond OresNet, no venture or private equity backing, and no public listing. Strategic emphasis is on maintaining a specialist enterprise brokerage franchise within the Sabseg consolidation platform, with incremental expansion into renewable energy and cyber lines and deeper integration of real estate financing partners via industry events.

Name

Ores & Bryan

Legal name

ORES Y BRYAN CORREDURÍA DE SEGUROS, S.L.

Website

https://oresybryan.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Ores & Bryan Sabseg is a Málaga-based insurance brokerage founded in 1990, specializing in credit insurance, surety bonds, and technical insurance for Spanish enterprises and professionals, operating as a subsidiary of Sabseg Group with offices in Málaga and Marbella.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Insurance brokerage services
• Credit insurance products
• Surety bond solutions
• Specialized technical insurance
• Commercial risk management

Headquarters

HQ city

Málaga

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Ores & Bryan acts as an intermediary (insurance broker/correduría) between clients and insurance companies. Revenue is generated through commissions paid by insurance carriers for placing and managing insurance policies. The firm offers personalized advisory and manages/tramitates insurance policies for companies, professionals, individuals, and specialized risks, providing access to the best prices and coverages due to its high volume of business.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Ores & Bryan is an insurance brokerage (correduría de seguros) that intermediates and manages insurance policies between clients and insurance carriers. Its core offerings include credit insurance, surety bonds (caución), specialized technical insurance for construction, agro-food, and renewable energy sectors, general insurance for businesses and professionals, personal lines insurance for individuals, and alternative financing solutions (factoring, confirming, revolving loans, promissory note discounts, developer financing). The firm serves companies, professionals, and individuals through a personal-advisor model and the OresNet digital client portal.

Product overview

Ores & Bryan is a technical insurance brokerage (correduría de seguros) offering a comprehensive portfolio of insurance and financing products. The core offerings include: Seguros de Crédito (Credit Insurance) with variants like Primera Capa, Doble Capa, and Special Credit Insurance; Seguros de Caución (Surety Bonds) for public tenders, tax deferments, and construction; Seguros Especializados (Specialized Insurance) covering construction, agro-food, and renewable energy sectors; and general insurance for businesses and individuals. The company operates through its ORESNET client portal platform for policy management and offers alternative financing solutions including factoring, confirming, and developer loans. All products are distributed through the Sabseg Group network across the Iberian Peninsula.

Differentiator

Problem solved

Functional benefit

Brands

• OresNet: Online platform for managing surety insurance policies, recently updated with improved user experience and functionality for all types of surety insurance management.

Products and services

• Credit Insurance (Seguros de Crédito) Insurance products that protect businesses against insolvency and non-payment by their clients, providing stability to commercial transactions and greater solvency to third parties. Available in primary (Primera Capa), secondary (Doble Capa), and special (excess losses, single-risk, commitment policies) variants.
• Surety Bonds (Seguros de Caución) Surety insurance contracts where the insurer indemnifies the insured if the policyholder fails to meet legal obligations, without affecting credit available in CIRBE and improving the company's credit capacity. Used for public tenders, licenses, tax deferments, and construction guarantees.
• Specialized Insurance (Seguros Especializados) Specialized insurance products including construction insurance, agro-food insurance, renewable energy insurance, and financing solutions tailored to specific sectors.
• General Insurance for Businesses (Seguros Generales para Empresas) General insurance products for businesses and professionals, including civil liability, convention insurance, business insurance, SME coverage, machinery damage, cyber risks, legal defense, and computer equipment insurance.
• Personal Insurance (Seguros Personales) Personal insurance products including collective and individual accident insurance, temporary disability insurance, and health, life, and investment insurance.
• Personal Lines Insurance for Individuals (Seguros para Particulares) Personal insurance products for individuals including home insurance, rental default insurance, community insurance, travel assistance, and boat insurance.
• Construction Insurance (Seguros de Construcción) Comprehensive construction insurance covering decennial damage insurance, all-risk construction, property title insurance for developers, payment protection, and assembly all-risk coverage.
• Agro-Food Insurance (Seguros Agroalimentarios) Insurance products providing comprehensive coverage for agricultural risks, including damage coverage, guarantee lines for photovoltaic plants, and credit insurance tailored to agro-food operators.
• Renewable Energy Insurance (Seguros de Energías Renovables) Insurance solutions for renewable energy projects covering connection guarantees, dismantling guarantees, EPC contract guarantees, professional liability, cyber risks, and performance insurance across all project phases from pre-construction to operation.
• Alternative Financing Solutions (Financiación) Alternative financing solutions outside CIRBE including factoring, confirming, working capital loans, promissory note discounts, and developer loans structured to improve liquidity and preserve banking capacity.
• Cyber Risk Insurance (Seguro ante Ciberriesgos) Cyber risk insurance covering privacy liability, extortion, system interruption, data recovery, incident response, cybercrime, and identity impersonation for businesses.
• OresNet Client Portal Online platform for clients to manage their surety insurance policies, providing an agile and intuitive environment for policy management across all surety insurance modalities.

Quantifiable outcome

• Sabseg Group reports €350 million in intermediated premiums
• +1 more outcomes

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

32 partnerships are on record, tiered core and minor.

• Sabseg GroupcoreStrategic or Co-development Partner · 1 January 2022In 2022, Ores & Bryan integrated into Sabseg Group, the independent insurance broker leader in the Iberian Peninsula. Sabseg is distinguished by its approach to consolidating leading brokerages in their niches and geographic areas, betting on technological innovation and talent as fundamental pillars. Sabseg operates across Spain, Portugal, Brazil, Angola, and Mozambique, with €350 million in intermediated premiums. Ores & Bryan operates as a subsidiary under the Sabseg brand 'Ores & Bryan Sabseg.'
• ADECOSE (Asociación de Corredurías de Seguros de España)coreStrategic or Co-development PartnerOres & Bryan is a member of ADECOSE, the Spanish Association of Insurance Brokers. This membership provides independence and objectivity in dealings with insurance carriers, enabling the firm to guarantee the best solutions for clients.
• SABSEG CORREDURÍA DE SEGUROS, S.A (BANASEGUR)minorOthersPart of Sabseg Group. Located at C/ Lluis Companys 1-3, 25003 Lleida. Administrative key J-1379. One of the Sabseg Group companies with which data may be shared for administrative purposes.
• SABSEG COMMERCIAL RISK CORREDURÍA DE SEGUROS S.L.minorOthersPart of Sabseg Group. Located at C/ Hermosilla 28, 1ª, 28001 Madrid. Administrative key J-0202.
• GUILLERMO ADELL CORREDURÍA DE SEGUROS, S.L.minorOthersPart of Sabseg Group. Located at Travessera de Gràcia 11, Sarrià-Sant Gervasi, 08021 Barcelona. Administrative key J-2345.
• CARANTIA TRES S.L. CORREDURÍA DE SEGUROSminorOthersPart of Sabseg Group. Located at C/ Hermosilla 28, pl 1, 28001 Madrid. Administrative key J-1858.
• POOLSEGUR, S.L.minorOthersPart of Sabseg Group. Administrative key J-2546.
• INTERNATIONAL CREDIT BROKERS ALLIANCE IBERICA, CORREDURIA DE SEGUROS, S.L. (ICBA)minorOthersPart of Sabseg Group. Administrative key J-1814.
• ARRENTA QUARTO PILAR CORREDURÍA DE SEGUROS, S.L.minorOthersPart of Sabseg Group. Administrative key J-2904.
• MAURA BROKERS S.L.minorOthersPart of Sabseg Group. Administrative key AJ0254.
• Verobroker Solutions Correduría de Seguros S.L.minorOthersPart of Sabseg Group. Located at C/ Hermosilla 28, pl 1, 28001 Madrid. Administrative key J-3255.
• PARRA GERONA CORREDORES DE SEGUROS, S.L. (PG CORREDORES)minorOthersPart of Sabseg Group. Located at Paseo Independencia 5, 50001 Zaragoza. Administrative key J-4256.
• EUROMEX CORREDURÍA DE SEGUROS INTEGRAL, S.L.minorOthersPart of Sabseg Group. Located at C/ Avedaño 37, Bjs, 01008 Vitoria-Gasteiz (Álava). Administrative key J-1424.
• SABSEG – CORRETOR DE SEGUROS, S.A. (SABSEG Seguros Portugal)minorOthersPart of Sabseg Group. Located at Av. Alm. Gago Coutinho 164, 1700-033 Lisbon, Portugal. Sabseg's operations in Portugal.
• Zurriola Sociedad Limitada Correduría de SegurosminorOthersPart of Sabseg Group. Located at C/ Catalina de Erauso 19, Bjs Trasera, 20010 Donostia/San Sebastián, Gipuzkoa. Administrative key J-1478.
• Araytor Correduría de Seguros, S.LminorOthersPart of Sabseg Group. Located at C/ Gran Via de les Corts Catalanes 565, Principal, 08011 Barcelona. Administrative key J-352GC.
• Agrinalcázar Correduría de Seguros, S.LminorOthersPart of Sabseg Group. Located at Carretera de la Estación S/N, Barranco Molax, 30550 Abarán, Murcia. Administrative key J-3816.
• Seguretxe, S.L.UminorOthersPart of Sabseg Group. Located at C/ Peñas de Aya 5, Bajo, 20301 Irún, Gipuzkoa. Administrative key J-0051EUS.
• AzuagacoreStrategic or Co-development PartnerAzuaga is an insurer specializing in surety insurance, offering solutions to guarantee compliance with contractual obligations. Participated in Ores & Bryan's Annual Convention (February 2025) alongside Zurich and Coface, providing product training to the commercial team and sharing market insights.
• ZurichcoreStrategic or Co-development PartnerZurich is one of the world's most recognized insurers with a broad offering for businesses and individuals. Participated in Ores & Bryan's Annual Convention (February 2025) alongside Azuaga and Coface. Also offers lawyers' professional insurance through a collaboration with the Malaga Bar Association.
• CofacecoreStrategic or Co-development PartnerCoface is a leader in credit insurance and commercial risk management, helping companies protect against client insolvency. Participated in Ores & Bryan's Annual Convention (February 2025) alongside Azuaga and Zurich, providing training and market trend insights to the commercial team.
• MIC InsurancecoreStrategic or Co-development PartnerMIC Insurance co-exhibits with Ores & Bryan at major industry events including SIMA (2025, 2026), SIMED (2025), and The District (2025). A key strategic partner for real estate and surety insurance products.
• H&A IDI (Intangible Asset Management)minorStrategic or Co-development PartnerH&A IDI helps innovative companies grow through integral management of their intangible capital. Daniel Atienza represented H&A IDI at Ores & Bryan's Annual Convention (February 2025), providing insights on intangible asset management.
• Ibero CapitalminorGTM or Marketing PartnerIbero Capital provides capital for real estate development projects, both through equity and debt. Participated in Ores & Bryan's Show Business at SIMED 2025, offering investment opportunities to Ores & Bryan's network of real estate clients.
• WecityminorGTM or Marketing PartnerWecity is a CNMV-authorized crowdfunding platform for real estate investment, democratizing access to institutional real estate assets. Participated in Ores & Bryan's Show Business at SIMED 2025, SIMA 2025, and SIMA 2026, accessible to Ores & Bryan's real estate client base.
• OxygenminorGTM or Marketing PartnerOxygen specializes in financing for real estate projects, offering solutions adapted to the Real Estate sector. Participated in Ores & Bryan's Show Business at SIMED 2025, SIMA 2025, and SIMA 2026.
• WelzminorGTM or Marketing PartnerWelz is an alternative financing platform focused on developers and cooperative managers, with over €550 million invested in solutions facilitating the purchase and development cycle of real estate projects. Participated in Ores & Bryan's Show Business at SIMA 2025 and The District 2025.
• Aexx CapitalminorGTM or Marketing PartnerAexx Capital is a private investment firm headquartered in Madrid/London, specializing in direct lending, distressed debt backed by assets, and unique special situations across Western Europe. Participated in Ores & Bryan's Show Business at The District 2025.
• VICOXminorGTM or Marketing PartnerVICOX is a real estate investment firm. Vicente Ortiz Alonso, CEO of VICOX, moderated a roundtable on 'Real Estate Tokenization and Blockchain in Alternative Financing' at SIMED 2025, organized by Ores & Bryan.
• UrbanitaeminorGTM or Marketing PartnerUrbanitae is a real estate investment platform. Gonzalo Navarro, CRE Director of Urbanitae, participated as a speaker in a SIMA 2026 roundtable organized by Ores & Bryan on 'Living financing: debt and equity structures.'
• Maslow CapitalminorGTM or Marketing PartnerMaslow Capital is a real estate investment firm. Emilio Silvestre, Head of Origination Spain of Maslow Capital, participated as a speaker in a SIMA 2026 roundtable organized by Ores & Bryan on 'Living financing: debt and equity structures.'
• TQ EUROCREDITminorGTM or Marketing PartnerTQ Eurocredit is a credit/factoring firm. Bernat Martínez, Managing Director of TQ EUROCREDIT, participated as a speaker in a SIMA 2026 roundtable organized by Ores & Bryan on 'Living financing: debt and equity structures.'

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Howden Group Holdings: Howden is a global independent insurance broker with Iberian presence (acquired several Spanish brokers). It competes with Ores & Bryan across commercial and specialty insurance, but operates as a much larger multi-line, multi-territory independent broker similar to Sabseg's positioning.
• Willis Towers Watson (WTW): WTW is one of the four largest global insurance and reinsurance brokers with operations across Iberia. It offers overlapping commercial brokerage, credit insurance, surety, and risk advisory services for Spanish enterprises, competing for the same corporate client base.
• Arthur J. Gallagher & Co. Gallagher is a US-headquartered global insurance brokerage and risk management firm with significant European and Iberian footprint through acquired brokerages. It competes in commercial and specialty insurance distribution and shares Ores & Bryan's B2B relationship-driven GTM model.
• Acrisure: Acrisure is a rapidly growing US-based global insurance brokerage and fintech that has been aggressively acquiring European brokers. As a large aggregator buyer, it represents a comparable competitive and consolidation dynamic to what Sabseg's roll-up strategy means for Ores & Bryan.
• Aon Iberia: Aon is a global professional services firm providing insurance brokerage, risk management, and HR consulting with operations across Spain and Iberia. It directly overlaps with Ores & Bryan on enterprise insurance intermediation, particularly credit and specialty lines, while also operating at vastly greater scale.
• MarsMarsh España (Marsh & McLennan): MarsMarsh is one of the world's largest insurance brokers and risk advisors with a significant Spanish operation. It competes with Ores & Bryan in commercial insurance brokerage and risk advisory across Spanish enterprises, though it offers a much broader portfolio beyond credit and surety specialties.

Others

• Coface: Coface is a global leader in credit insurance and commercial risk management and a strategic carrier partner that participates in Ores & Bryan's annual conventions. It is both a key supplier and a market-setter in the credit insurance products Ores & Bryan distributes.
• Sabseg Group: Sabseg is the parent group that Ores & Bryan integrated into in 2022, and is described as the leading independent insurance broker in the Iberian Peninsula. While not a competitor, Sabseg is the most structurally important peer — sharing the same insurance brokerage business model, Iberian focus, and aggregation strategy that defines Ores & Bryan's operating context.
• Crédito y Caución (CYC): Crédito y Caución is Spain's leading credit insurance carrier and a sponsor of Ores & Bryan's 35th anniversary event. While primarily a carrier (and thus nominally a partner rather than competitor), it sits at the heart of the credit insurance market Ores & Bryan intermediates, shaping product availability and pricing for the broker.

Regional players

• EUI (Eulen Insurance Brokers / various Spanish regional corredurías): Eulen and other regional Spanish insurance brokerages operate in similar enterprise insurance intermediation segments and share the Spanish distribution model with Ores & Bryan. They are direct regional peers competing for Spanish SME and corporate clients, with limited international reach.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights8 records

Customer concentration

• LinkedInlinkedin.com/company/ores-&-bryan
• Xx.com/OresyBryan

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Ores & Bryan