Berkley Brasil Seguros

What Berkley Brasil Seguros does

Berkley Brasil Seguros (legal name: Berkley International do Brasil Seguros S.A.) is a Brazilian specialty property-and-casualty insurer operating under the umbrella of W.R. Berkley Corporation, a US Fortune 500 insurance group. Founded in 2006 and headquartered in São Paulo, the company underwrites a multi-line portfolio across personal and commercial segments, with corporate lines (surety, transport, general and professional liability, D&O, environmental liability, engineering risks, business multi-risk, equipment, and event/film production insurance) as the primary focus and personal lines (bike, personal accident, SME life, creditor insurance) as a secondary offering. The company serves end customers through a national network of more than 6,000 registered insurance brokers, supported by six regional branches in São Paulo, Campinas, Rio de Janeiro, Belo Horizonte, Salvador, Curitiba, Joinville, and Porto Alegre, plus specialized digital portals for policy issuance and transport averbação.

The business model is a subscription-recurring premium model: broker partners distribute quote-based policies whose pricing varies by coverage, risk profile, and terms; revenue is generated through net earned premiums and ancillary services. Distribution runs through broker channel partnerships, complemented by content marketing via the 'Tendências' blog and social media presence on LinkedIn, Facebook, Instagram, and YouTube. The product architecture follows a platform-plus-modules approach, in which umbrella liability and transport lines absorb specialized sub-products for verticals such as renewable energy, healthcare, media, and agriculture.

The company is a private wholly-owned subsidiary (Sociedade Anônima) of W.R. Berkley Corporation, with no external venture or institutional investors. It has approximately 100+ direct employees focused on underwriting, claims, and broker support, and it marked a digital transformation in June 2022 with a new institutional website, followed by its first Sustainability Report in June 2025. No revenue, funding, M&A, or patent data are disclosed.

Name

Berkley Brasil Seguros

Legal name

Berkley International do Brasil Seguros S.A.

Website

https://berkley.com.br

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Berkley Brasil Seguros is a São Paulo-based specialty property-and-casualty insurer, wholly owned by W.R. Berkley Corporation. Operating since 2006, it underwrites corporate and personal insurance lines via a 6,000+ broker network and six Brazilian branch offices.

Ownership category

akta.pro rank

Product category

Commercial Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Commercial Property Insurance (FSAJACAE)

Keywords

• Commercial insurance
• Surety bonds
• Liability insurance
• Transport insurance
• Engineering insurance

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Berkley Brasil Seguros generates revenue through insurance premiums collected from policyholders. The company offers various insurance products including Garantia (surety), Transportes (transport), Responsabilidades (liability), Engenharia (engineering), Empresarial (business), Equipamentos (equipment), Entretenimentos (entertainment), Pessoas (life/personal), and Bike insurance. Premiums are collected according to the policy terms and coverage selected by customers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Berkley Brasil Seguros underwrites and distributes a multi-line portfolio of commercial and personal insurance products in Brazil, including surety bonds (Garantia, Fian\u00e7a Locat\u00edcia), transport (Transportes, Transportador, Embarcador), liability (RC Geral, RC Profissional, D&O, RC Ambiental), engineering (Riscos de Engenharia, RC Obras Civis), business multi-risk, equipment (photovoltaic, medical, cinematographic, agricultural), entertainment (Eventos, Live Eventos, Produ\u00e7\u00e3o de Filmes), and people (Acidentes Pessoais, Vida PME, Prestamista) coverage, as well as Bike insurance for individuals. Products are sold primarily through 6,000+ registered insurance brokers supported by digital portals and serviced through 6 branch offices nationwide.

Product overview

Berkley Brasil Seguros operates as a comprehensive insurance company with a multi-product portfolio covering both individual and corporate clients. The company offers three main insurance lines: personal insurance (Seguro Bike, Acidentes Pessoais, Vida PME, Prestamista), corporate insurance (Garantia, Transportes, Responsabilidades, Engenharia, Empresarial, Equipamentos, Entretenimentos), and specialty insurance. The corporate segment includes Guarantee insurance for public and private contracts, Transport insurance for goods transportation, Liability insurance (General, Professional, D&O, Environmental), Engineering insurance for construction projects, Business multi-risk insurance, Equipment insurance covering various sectors (traditional, photovoltaic, medical, cinematographic, agricultural), and Entertainment insurance for events and film production. The product architecture follows a platform-plus-modules approach where core products like RC Geral, RC Profissional, and D&O form the liability umbrella, with specialized sub-products targeting specific industry needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Seguro Bike Insurance coverage for bicycles and accessories, including electric bikes, with protection against theft, robbery, accidents, and international coverage; offered to individual consumers.
• Seguro Garantia (Surety Bond) Surety insurance that guarantees compliance with legal and contractual obligations for the public and private sectors, covering bid bonds, performance bonds, and judicial guarantees; sold to businesses via the Portal do Corretor and the Ap\u00f3lice Digital Garantia portal.
• Seguro Fian\u00e7a Locat\u00edcia (Rental Guarantee Insurance) Rental guarantee insurance that replaces traditional security deposits for property rentals, offered to landlords and tenants.
• Seguro Transportes (Transport Insurance) Transport insurance providing coverage for goods during national and international transportation via air, land, and maritime modes; offered to shippers, carriers, and transport operators with separate Transportador and Embarcador sub-products.
• Seguro RC Geral (General Liability Insurance) General liability insurance protecting businesses against claims from third parties for bodily injury or property damage.
• Seguro RC Profissional (Professional Liability Insurance) Professional liability insurance protecting professionals against claims arising from errors, omissions, or negligence in their services.
• Seguro D&O (Directors and Officers Liability Insurance) Directors and Officers liability insurance protecting executives and board members from personal liability arising from management decisions.
• Seguro RC Ambiental (Environmental Liability Insurance) Environmental liability insurance covering damages to natural resources, cleanup costs, and third-party claims arising from environmental pollution.
• Seguro Riscos de Engenharia (Engineering Insurance) Engineering insurance covering physical damage to construction projects including new buildings, renovations, and expansions from sudden and unexpected events, with RC Obras Civis as a related civil-works liability sub-product.
• Seguro Multirisco Empresarial (Business Multi-Risk Insurance) Business multi-risk insurance providing comprehensive protection for commercial establishments against fire, theft, electrical damage, and business interruption.
• Seguro RD Tradicional (Traditional Miscellaneous Risks Equipment Insurance) Traditional miscellaneous risks insurance covering machinery and equipment against accidents, theft, and operational damages, with specialized sub-products covering photovoltaic, medical, cinematographic, and agricultural equipment.
• Seguro Eventos (Event Insurance) Event insurance covering cancellation, postponement, venue damage, and liability for various types of events, with sub-products specifically for virtual/hybrid live events and film production.
• Seguro Acidentes Pessoais (Personal Accident Insurance) Personal accident insurance providing coverage for injuries, medical expenses, and disability resulting from accidents, offered to individuals and corporate employees.
• Seguro Vida PME (SME Life Insurance) SME life insurance product designed to meet requirements from collective bargaining agreements (conventions), covering death and disability for employees of small and medium-sized businesses.
• Seguro Prestamista (Creditor Life Insurance) Creditor insurance guaranteeing total or partial payment of outstanding financial commitments in case of death or permanent disability, typically structured alongside consumer and SME credit agreements.

Quantifiable outcome

• 20 years of continuous operation in Brazil since 2006
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Porto Seguro Seguros: One of Brazil's largest multi-line insurers offering auto, home, life, and commercial coverage with extensive broker and direct distribution. Competes directly with Berkley Brasil across multiple commercial lines and shares similar broker-led GTM motion.
• SulAmérica Seguros: Major Brazilian insurer with broad P&C and life/health offerings and strong broker relationships. Overlaps with Berkley Brasil across health, life, and commercial property/casualty lines distributed via brokers.
• HDI Seguros: German-owned Brazilian insurer specializing in auto and commercial lines with broker-led distribution. Competes with Berkley Brasil in commercial property, equipment, and liability segments.
• Tokio Marine Seguradora: Brazilian arm of Tokio Marine, offering multi-line P&C including auto, property, and specialty lines via brokers and bancassurance. Direct competitor to Berkley Brasil in commercial and specialty insurance.
• Liberty Seguros Brasil: Brazilian subsidiary of Liberty Mutual offering auto, property, and commercial coverage via broker networks. Directly comparable broker channel and product breadth to Berkley Brasil.
• Zurich Seguros Brasil: Swiss global insurer's Brazilian subsidiary with strong commercial and specialty lines. Competes with Berkley Brasil across property, liability, engineering, and equipment insurance, especially in mid-to-large enterprise segments.
• Chubb Seguros Brasil: Global specialty insurer with Brazilian operations focused on P&C, D&O, liability, and accident & health. Highly comparable to Berkley Brasil's specialty commercial portfolio and broker distribution model.
• Allianz Seguros Brasil: German global insurer with significant Brazilian P&C and life operations. Competes across commercial property, engineering, liability, and personal lines with similar broker and bancassurance distribution.
• Mapfre Seguros Brasil: Spanish global insurer's Brazilian operation offering multi-line commercial and personal insurance. Directly comparable to Berkley Brasil in broker-distributed specialty and commercial P&C lines.
• AIG Seguros Brasil: US global insurer's Brazilian arm focused on commercial P&C, D&O, liability, and specialty lines. Direct competitor in professional liability and specialty commercial segments where Berkley Brasil competes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCwO0dvGM0A_V5EjVA141Tog
• Facebookfacebook.com/berkley.brasil
• LinkedInlinkedin.com/company/berkley-brasil-seguros
• Instagraminstagram.com/berkley_brasil

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Berkley Brasil Seguros