Makler

What Makler does

Makler S.A. is an Argentine insurance broker and corporate risk management firm founded in 1985 in Buenos Aires, operating as the first Corporate Broker with entirely Argentine capital. The company intermediates insurance placement and provides risk advisory services for corporate clients in high-challenge industries — Oil & Gas, Mining, Agribusiness, Manufacturing, Logistics, Supply Chain, Renewable Energy — as well as individuals through personal lines products (home, auto, life, health, travel, bicycle, pet). Its technology backbone is the proprietary MaklerSeguros.Net portal, which supports digital quotation, policy issuance, claims management, and producer administration across both corporate and personal lines.

The business operates through four distinct GTM motions: enterprise field sales with dedicated account executives organized by industry vertical, an inside-sales International Division serving 600+ multinational corporate clients, digital self-service for personal lines through the MaklerSeguros.Net web/mobile portal, and a broker/producer channel network with international affiliations. Revenue is generated via insurance brokerage commissions (recurring on placed premium) and professional services fees for corporate risk advisory, program design, claims TPA, reinsurance management, and captive administration. Geographic reach extends across Argentina and Uruguay, with regional service delivery enabled by a wholly-owned subsidiary in Montevideo and shareholding in RiskCo Ltd., connecting clients to global insurance markets through exclusive international broker representation agreements. The company holds ISO 9001:2015 certification (maintained since May 2017) and is registered with Argentina's SSN under code 0294.

Name

Makler

Legal name

Makler S.A.

Website

https://maklerseguros.com.ar

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

Makler S.A. is a Buenos Aires-based insurance broker and corporate risk management firm (founded 1985) serving 600+ multinational enterprises in high-challenge industries (Oil & Gas, Mining, Agribusiness, Renewables) and individuals through personal lines, intermediating insurance placement and risk advisory across Argentina, Uruguay, and international markets.

Ownership category

akta.pro rank

Product category

Corporate Insurance Brokerage & Risk Management

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industries

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD), Association & PEO Group Health Plans (AHP/PEO-Sponsored) (FSAIAFAH)

Keywords

• Corporate insurance brokerage
• Risk management services
• Personal lines insurance
• International program administration
• Claims management services

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Intermediation between clients and insurance companies. Earns commissions from insurers for placing business. Services include risk management advisory, program placement, claims administration, and reinsurance management.
2. Corporate Risk Management Services: Professional advisory services including risk analysis, program design, loss control, and ongoing risk management consulting for corporate clients across high-challenge industries.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Makler is an Argentine insurance broker and corporate risk management intermediary. It places insurance programs with insurers on behalf of corporate clients across high-challenge industries (Oil & Gas, Mining, Agribusiness, Manufacturing, Logistics) and distributes personal lines (auto, home, life, health, travel, bicycle) through the proprietary MaklerSeguros.Net digital portal. The firm also provides risk analysis, program design, claims administration (TPA), reinsurance, and international program coordination for 600+ multinational companies.

Product overview

Makler is an Argentine insurance broker founded in 1985, operating as both a digital platform and full-service insurance intermediary. The offering consists of the MaklerSeguros.Net web portal for digital self-service (policy administration, claims, quoting, and issuance), complemented by a broad portfolio of corporate insurance products (including Oil & Gas, Construction All Risk, D&O, Cyber Risk, Workers Compensation, Cargo, Aviation, Crop, and Parametric Insurance) and personal lines products (Home, Automotive, Life, Personal Accidents, Health, Retirement, Bicycles, and Travel Assistance). The company also provides professional Risk Management consulting services for corporate clients and serves multinational companies through its International Division with RiskCo Ltd. affiliation.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil & Gas Insurance Comprehensive coverage for the entire energy sector chain including exploration, production, transportation, refining, and distribution, with tailored solutions for onshore and offshore operations. Designed for Oil & Gas corporates requiring specialized risk transfer.
• Construction All Risk (CAR) Insurance providing coverage against damages and claims in civil works under construction, including equipment, machinery, and third-party liability related to construction work.
• All Risks (TRO) Coverage that insures against all risks except those explicitly excluded in the policy, customized to the characteristics and needs of each company's activity.
• Third Party Liability Keeps the insured party harmless for amounts owed to third parties due to civil liability arising from Civil Code articles, stemming exclusively from the activity detailed in the policy.
• Cargo/Transport Insurance Coverage for goods transported from origin to destination, including detentions, transfers, and normal stays during transit.
• Cyber Risk Insurance Coverage addressing cyber attacks that can cause devastating damage to businesses, protecting against digital threats and incidents.
• Directors & Officers (D&O) Coverage oriented to protect professionals against claims from clients and third parties for acts causing financial losses, based on errors, failures, or negligence during their activities.
• Surety & Credit Insurance Insurance contract through which the insurer compensates the insured for damages if the policyholder fails to comply with legal or contractual obligations.
• Office Package Insurance protecting risks that may compromise business continuity, customized to the characteristics and needs of each company's activity.
• Parametric Insurance Insurance covering decreased crop yields due to predefined weather conditions, using data-driven parameters and indices to determine damage impact and generate personalized action plans.
• Crop Insurance Agricultural insurance compensating for damage caused to crops by hail fall and traumatic damage, alone or accompanied by other climate events.
• Aviation Insurance Coverage for the aviation sector that addresses evolving technical demands and operational aspects of aircraft and aviation operations.
• Automotive Fleets Corporate automotive insurance providing coverage for different vehicle types owned by a company through leading market insurers at preferential rates with multiple benefits.
• Workers Compensation (ART) Mandatory insurance for all employers with employees under dependency, including domestic workers.
• Collective Life LCT
• Contractor Technical Insurance Coverage designed for rural and commercial machinery needs (excluding road equipment) for agricultural and livestock enterprises.
• Risk Management Services Comprehensive corporate risk management including analysis and risk engineering, risk/loss control, program design and administration, program placement, tender document preparation, insurance audit, claims administration (TPA), reinsurance management, and captive administration. Provided to corporate clients across high-challenge industries.
• Automotive Insurance (Automotores) Vehicle insurance for personal automobiles with live quoting and policy issuance capabilities via the MaklerSeguros.Net digital portal.
• Motorcycles Insurance Motorcycle insurance protecting bikes and assets, meeting mandatory Third-Party Liability requirements with optional theft, fire, and total loss coverage, plus 24/7 assistance.
• Home Insurance (Hogar) Comprehensive home coverage protecting residences for individual homeowners.
• Life Insurance (Vida) Personal life insurance protecting individuals and families against adversities and unforeseen events.
• Personal Accidents (Accidentes Personales) Person insurance providing coverage for accidents or death caused by accidents, including in itinere coverage.
• Health Insurance (Salud) Health coverage considering physical, mental, and social well-being, working on total employee coverage to reduce financial costs.
• Retirement Insurance (Retiro) Savings insurance generating a fund to complement retirement, with options for partial or total withdrawals at any time.
• Bicycle Insurance Insurance for bicycles, electric scooters, roller skates, and skateboards covering theft and personal effects, with plans ranging from $70,000 to $700,000 insured sums.
• Travel Assistance (Assist Card Partnership) Travel assistance insurance through Assist Card partnership offering medical coverage, emergency services, and trip protection with multiple plan tiers (AC150, AC300, AC1M).

Quantifiable outcome

• Serving 600+ multinational companies through international division
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• RiskCo Ltd.coreStrategic or Co-development PartnerRegional service provider through privately owned brokerages. Makler holds shareholding in RiskCo Ltd., enabling daily regional service access for multinational clients. Core component of international division serving 600+ multinational companies across multiple countries.
• Global Insurance NetworkscoreStrategic or Co-development PartnerInternational affiliations with main global insurance networks and exclusive representation agreements with prestigious independent insurance brokers. Enables Makler to follow clients to markets worldwide where they need coverage.
• Assist CardcoreTechnology or IntegrationStrategic alliance with Assist Card for travel assistance services. Makler offers Assist Card travel insurance plans (AC150, AC300, AC1M) providing medical assistance, emergency services, and travel protection to customers.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Lockton Argentina: Lockton is a privately held global insurance broker with expanding Latin America operations. It competes directly with Makler on corporate risk placement and multinational program administration across the region.
• Marsch (Marsh Argentina/Mercanti Marsh): Marsh is the world's largest insurance broker with deep Argentine corporate presence. It directly competes with Makler for the same multinational and high-challenge industry accounts in Argentina and the broader region.
• Aon Argentina: Aon is a global insurance and reinsurance broker with a strong Argentine office. It competes head-to-head with Makler in corporate risk management, international program administration, and placement for multinationals operating in Argentina.
• Willis Towers Watson Argentina: WTW operates as a global risk, insurance, and reinsurance broker with Argentine operations. It targets the same corporate, energy, and mining clients Makler serves, and competes on international program design and specialty lines.
• Gallagher Argentina: Arthur J. Gallagher is a global insurance brokerage and risk management firm with Latin America operations. It competes with Makler in Argentine commercial P&C, employee benefits, and multinational client servicing.

Regional players

• Federación Patronal Seguros: Federación Patronal is an Argentine insurance company with broker-style distribution and corporate offerings. It competes with Makler in mid-market Argentine commercial accounts.
• La Caja Seguros Argentina: La Caja is a large Argentine insurer with growing corporate and broker capabilities. It overlaps with Makler in commercial P&C and personal lines distribution within Argentina.
• Sancor Seguros (Argentina): Sancor Seguros is a major Argentine insurer-broker originating from the cooperative sector, with broad P&C and personal lines. While primarily an insurer, it competes with Makler in distribution and corporate accounts across Argentina.

Emerging players

• Howden Broking (LatAm): Howden is a fast-growing independent global broker building its LatAm footprint. It overlaps with Makler in specialty and energy lines and could be an emerging competitor for mid-market corporate accounts.

Broad incumbents

• Zurich Seguros (Argentina): Zurich operates in Argentina as a major global insurer with corporate P&C and specialty lines. It is a key carrier partner to Makler but also competes on direct placement for large corporate accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/maklerseguros

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 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 Makler