ASPOR

What ASPOR does

Aspor — Aseguradora Porvenir S.A. is a privately held Chilean insurance company founded on April 22, 2016, headquartered in Las Condes, Santiago, with a secondary branch in Iquique including a dedicated office at the ZOFRI free trade zone. The company is structured as a Sociedad Anónima under Chilean law and operates a horizontal portfolio of more than 25 distinct insurance products split between Seguros Persona (vehicle, motorcycle, SOAP mandatory accident, multi-risk home, personal civil liability, recreational craft/yacht) and Seguros Empresa (fleet vehicle, multi-risk business, eight guarantee bond variants, corporate civil liability, professional civil liability including fintech, transport, engineering construction/mobile equipment/electronic installations, and personal accidents).

The capital structure reflects a tripartite foundation: five former Aseguradora Magallanes executives holding 38% (providing over 100 years of combined Chilean insurance experience and serving as the operational leadership), Navigators — a US-based insurance and reinsurance group with presence in 10+ countries — holding 33% (providing capital strength and likely reinsurance capacity), and local Chilean investors holding 29%. The executive team is led by CEO Juan Paulo Edwards Smith and includes functional heads for Administration & Finance, Commercial, Technical, Legal & Recoveries, Risk & Compliance, Guarantee Risk, and Technology, alongside a Board chaired by Eduardo Antunovic.

Aspor generates revenue through recurring insurance premiums across personal and commercial lines, distributed through a combination of direct digital channels (corporate website with SOAP e-commerce, PAC enrollment, GPS request, online payment, and SSP-web customer portal), corredores (insurance brokers) for complex commercial products, and phone-based assistance. Pricing is quote-based for all lines except SOAP, which has publicly disclosed per-vehicle unit pricing for the 2026/27 campaign. The company also operates an International Civil Liability (RCI) product extending coverage to Mercosur countries. Aspor's technology stack is described as traditional web-portal architecture with no proprietary AI or insurtech platform, and no disclosed revenue, premium volume, or headcount growth data is available.

Name

ASPOR

Legal name

Aseguradora Porvenir S.A.

Website

https://aspor.cl

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

ASPOR is a privately held Chilean insurance company founded in 2016, offering 25+ specialized personal and commercial insurance products including vehicle, SOAP, home, guarantee bonds, and professional liability, backed by Navigators and former Aseguradora Magallanes executives.

Ownership category

akta.pro rank

Product category

Specialty Insurance

NAICS

Insurance Carriers and Related Activities (524), Insurance Carriers (5241), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331), Surety Insurance (6351), Accident & Health Insurance (6321)

akta.pro industry

PRIMARYFSAJAFAC

Large Commercial Package (National Accounts)

Financial & Insurance/Insurance — Motor, Property & Casualty/Commercial Package / Business Owners Policies (BOP)

Keywords

• Specialty insurance services
• Vehicle insurance coverage
• Guarantee and surety bonds
• Professional liability insurance
• Commercial insurance solutions

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Insurance Premiums: Aspor generates revenue through collection of insurance premiums across its diverse product lines including vehicle insurance (individual and fleet), motorcycle insurance, mandatory SOAP coverage, multirisk home and business insurance, civil liability insurance (international, professional, medical), recreational vessel insurance, guarantee/performance bond insurance, transport insurance, engineering insurance (construction, mobile equipment, electronic installations), and personal accident insurance.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Aspor is a Chilean insurance company that underwrites and distributes a broad portfolio of specialty insurance products for both individuals and businesses. Its offering spans vehicle, motorcycle, and mandatory SOAP coverage, multi-risk home and business policies, an extensive suite of eight guarantee/surety bonds, civil and professional liability insurance (including fintech and medical), recreational craft insurance, transport cargo insurance, and engineering insurance covering construction, mobile equipment, and electronic installations. The company serves customers through direct digital channels, broker intermediaries, and physical offices in Santiago and Iquique.

Product overview

Aspor - Aseguradora Porvenir is a Chilean insurance company founded in 2016 specializing in specialized insurance niches. The company operates as a portfolio of distinct insurance products organized into two main segments: Personal Insurance (Seguros Persona) and Business Insurance (Seguros Empresa). Personal insurance includes vehicle insurance (Seguro Vehículo), motorcycle insurance (Seguro Motos), mandatory SOAP accident coverage, multi-risk home insurance (Seguro Multirriesgo Hogar), international and professional civil liability insurance, and recreational craft insurance. Business insurance encompasses fleet vehicle insurance, multi-risk business insurance (Seguro Multirriesgo Empresa), and an extensive guarantee insurance suite including contract performance bonds (Garantía Fiel Cumplimiento), real estate guarantees (Garantía Inmobiliaria), customs guarantees (Garantía Aduanera), professional performance guarantees (Garantía Fiel Desempeño Laboral), green sale guarantees (Garantía Venta en Verde), quick payment guarantees (Garantía Pronto Pago), urbanization guarantees, and stock unit guarantees. Additionally, the company offers transport insurance, engineering insurance (construction, mobile equipment, and electronic installations), personal accident insurance, and specialized fintech professional liability insurance. The product portfolio is designed to serve both individual policyholders and corporate clients with specialized coverage needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Seguro Vehículo Vehicle insurance for light and heavy vehicles covering material damage, robbery, theft, unauthorized use, and civil liability. Targeted at individual vehicle owners.
• Seguro Motos Motorcycle insurance covering material damage, robbery, theft, unauthorized use, and civil liability for private-use (up to 5 years old) and commercial-use (up to 3 years old) bikes.
• SOAP (Seguro Obligatorio de Accidentes Personales) Mandatory personal accident insurance covering death, permanent total or partial disability, and medical expenses from traffic accidents. Covers the insured driver, passengers, and affected third parties.
• Seguro Multirriesgo Hogar Comprehensive home insurance combining fire, robbery, earthquake, personal accident, civil liability, and additional coverages in a single contract. Available for property owners or tenants.
• Seguro Responsabilidad Civil Internacional Persona International civil liability insurance for individuals traveling by vehicle to Mercosur countries (Argentina, Bolivia, Paraguay, Peru, Uruguay), covering damages caused to persons and property.
• Seguro Responsabilidad Civil Profesional Persona Professional civil liability insurance for individuals protecting against bodily injury, death, or third-party damages arising from the rendering of professional services.
• Seguro Casco Recreo (Yates) Recreational craft (yacht) insurance covering loss or damage from accidents on seas, rivers, lakes, or other navigable waters, including fire, piracy, port contact, earthquake, lightning, robbery, and third-party damages.
• Seguro para Flotas de Vehículos Fleet vehicle insurance for businesses covering light and heavy vehicles with robbery, theft, unauthorized use, civil liability, and additional accident benefits.
• Seguro Multirriesgo Empresa Multi-risk business insurance providing specialized protection for business assets and heritage against various risks under a single contract.
• Seguro de Garantía Fiel Cumplimiento de Contrato Performance bond insurance providing backing for contractors to honor commitments with third parties and covering losses from non-performance.
• Seguro de Garantía Inmobiliaria Real estate guarantee insurance allowing developers or buyers to mitigate risks of project failure or real estate company bankruptcy; includes urbanization and green sale guarantees.
• Seguro de Garantía Aduanera Customs guarantee insurance guaranteeing Chile's National Customs Service payment of duties and taxes, covering deposits in private warehouses and temporary admissions of merchandise.
• Seguro de Garantía Fiel Desempeño Laboral

Quantifiable outcome

• Over 8,000 physicians insured under Medical Professional Liability Insurance

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Comisión para el Mercado Financiero (CMF)coreOthersChile's financial market regulator that supervises insurance companies. Aspor is a regulated insurer under CMF oversight, and many Aspor insurance products reference CMF conditions (e.g., POL codes deposited with CMF). The CMF website is listed as a reference resource for customers.
• Defensor del AseguradominorOthersIndependent insurance ombudsman service in Chile. Aspor references the Defensor del Asegurado on its website as a recourse channel for customers, indicating compliance with industry self-regulation standards.
• Consejo de AutorregulaciónminorOthersChilean insurance industry self-regulation body. Aspor is listed as a member of the self-regulation council, demonstrating adherence to industry ethical standards.
• Asociación de Aseguradores de Chile (AACH)minorOthersChilean Insurance Association. Aspor's website links to the AACH portal, indicating membership in the industry's trade association.
• ZOFRI (Zona Franca de Iquique)minorStrategic or Co-development PartnerIquique's Free Trade Zone (ZOFRI). Aspor maintains a dedicated office at Zofriautos within ZOFRI and offers special insurance products and processes for Zone users. The company provides instructions for ZOFRI users to present insurance/guarantee documents to customs authorities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BCI Seguros: Insurance arm of Chilean bank BCI, offering life, P&C, and commercial insurance. Comparable multi-line carrier with overlapping distribution through bank and broker channels in Chile.
• Zurich Santander Seguros Chile: Chilean operation of Zurich Insurance Group, often distributed through Santander, offering P&C and commercial lines. Comparable international multi-line insurer competing for Chilean commercial and personal customers.
• HDI Seguros Chile: Chilean subsidiary of German insurer HDI offering vehicle, home, and commercial P&C products. Comparable multi-line carrier serving the same Chilean personal and enterprise customer base.
• Liberty Seguros Chile: Chilean subsidiary of Liberty Mutual offering vehicle, home, and commercial P&C insurance. Comparable international multi-line carrier competing directly with Aspor in Chilean personal and commercial lines.
• Chilena Consolidada Seguros: One of the largest Chilean multi-line insurers offering personal and commercial P&C, health, and life products. Directly comparable to Aspor as a Chile-based carrier serving both individuals and enterprises across overlapping product categories.
• Mapfre Chile: Chilean subsidiary of Spanish global insurer Mapfre, offering P&C, vehicle, home, and commercial insurance. Comparable as a multi-line Chilean carrier competing for the same personal and commercial segments Aspor serves.
• Sura Chile (Seguros SURA): Chilean operation of Latin American financial group SURA, offering P&C, vehicle, and corporate insurance. Comparable as a multi-line carrier serving both individuals and businesses in Chile with overlapping product lines.

Broad incumbents

• Aseguradora Magallanes: Historic Chilean insurance company where Aspor's founding executives previously worked. Operates as a broader multi-line Chilean insurer; relevant because it represents the institutional pedigree and product overlap that Aspor's team comes from.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aspor
• Facebookfacebook.com/asporchile

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 ASPOR