Aval

What Aval does

Aval S.A. Productores Asesores de Seguros is a privately held Argentine insurance brokerage headquartered in San Miguel de Tucumán, founded in 1950 and operating under its current corporate form since 1981. The company intermediates between clients and a panel of more than 20 leading domestic and international insurance companies (including Zurich, Allianz, Mapfre, Sancor Seguros, Federación Patronal, San Cristóbal, and Galicia Seguros, among others), authorized to operate nationwide by the Superintendencia de Seguros de la Nación. Aval serves three primary segments: individuals and families purchasing personal lines (auto, home, life, personal accident), businesses and SMEs purchasing commercial lines (property, civil liability, workers' compensation/ART, transportation, technical, surety, fire, theft), and affiliated independent insurance producer advisors (PAS) who use Aval's infrastructure to serve their own client portfolios.

The company distributes insurance through three overlapping motions: direct in-house PAS advisory, an affiliated independent PAS channel, and digital self-service via the Mi Aval web portal and mobile app (iOS/Android) plus the TeLoAseguro.com.ar public quote comparison tool. Mi Aval functions as the platform backbone, integrating with insurer systems to retrieve and consolidate policy data across carriers into a single customer dashboard, supported internally by portfolio management software and a multi-insurer quoting engine. The technology stack is operationally oriented — policy administration, multi-carrier quoting, claims support, and payment processing — rather than AI-enabled, with no disclosed machine learning capabilities, APIs, or data flywheel.

Aval earns revenue primarily through commissions paid by insurance carriers on placed and maintained policies, a recurring model tied to in-force premium volume. The company is family-controlled (Rosemberg and Spector families), with Felipe M. Rosemberg as President and Victor Samuel Spector as Vice President, and holds IRAM-ISO 9001:2015 quality certification (since July 2019) plus the regional Marca Tucumán distinction. With 11-50 employees and more than 7,500 clients served across Argentina, Aval is a small, established regional brokerage with a hybrid human-plus-digital distribution model and no external institutional investors or disclosed funding.

Name

Aval

Legal name

AVAL S.A. Productores Asesores de Seguros

Website

https://aval.com.ar

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

Aval S.A. is a privately held Argentine insurance brokerage, founded in 1950 and headquartered in Tucumán, that intermediates between individuals, SMEs, and affiliated independent producer advisors and a panel of 20-plus domestic and international insurance carriers, earning commissions on placed and maintained policies and operating the Mi Aval self-service platform.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industries

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL), Embedded Insurance Distribution & Premium Financing (FSAGALAF)

Keywords

• Insurance brokerage services
• Personal insurance products
• Commercial insurance products
• Claims management services
• Insurance producer advisory

Headquarters

HQ city

Tucumán

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Aval earns commissions from insurance companies for placing and maintaining insurance policies for clients. As a broker, they intermediate between clients and insurers, earning a percentage of the premium as compensation.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Aval is an Argentine insurance brokerage (Productores Asesores de Seguros) that intermediates between clients and insurance companies, distributing personal and commercial insurance products from over 20 partner insurers. The firm operates a proprietary digital self-service platform (Mi Aval web portal and mobile app) that lets customers manage policies from any insurer in one place, and an online comparison/quote tool (TeLoAseguro) for cross-insurer price shopping. It also runs a network of affiliated independent insurance producer advisors (PAS), provides claims management, payment processing, and professional advisory services in occupational health, workplace safety, and legal matters.

Product overview

Aval is an insurance broker (Productores Asesores de Seguros) offering a comprehensive portfolio of personal and commercial insurance products alongside a digital customer portal. Its core offering consists of Mi Aval, a digital self-service platform (web and mobile app) that aggregates and manages policies from multiple insurers in one place, complemented by a full range of insurance products including vehicle, life, home, accident, commercial property, civil liability, workers' compensation, transportation, technical, surety, fire, and theft coverage. The company also provides claims management, payment processing, and professional advisory services (occupational medicine, health & safety, legal). An online comparison tool called TeLoAseguro enables quote comparison across insurers.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 7,500 clients trust Aval with their insurance needs

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

29 partnerships are on record, tiered core and minor.

• ZurichcoreChannel Partner/ Reseller/ DistributorZurich is one of the insurance companies with which Aval has partnership agreements, offering property and casualty insurance products to Aval's clients through the brokerage.
• AllianzcoreChannel Partner/ Reseller/ DistributorAllianz is one of the international insurance companies with partnership agreements with Aval, offering a complete network of agencies, claims adjusters, risk advisors, and complementary services.
• Federación PatronalcoreChannel Partner/ Reseller/ DistributorFederación Patronal is a national insurance company partner offering property and casualty insurance products through Aval's brokerage network.
• Sancor SeguroscoreChannel Partner/ Reseller/ DistributorSancor Seguros is one of the national insurance companies with which Aval has partnership agreements for placing personal and commercial insurance products.
• San Cristóbal SeguroscoreChannel Partner/ Reseller/ DistributorSan Cristóbal is a national insurance company partner offering property and casualty insurance through Aval's distribution network.
• Galicia SeguroscoreChannel Partner/ Reseller/ DistributorGalicia Seguros is a partner insurance company offering property and casualty insurance products to Aval's clients.
• Mercantil AndinacoreChannel Partner/ Reseller/ DistributorMercantil Andina is a partner insurance company operating within Aval's network of insurer partnerships.
• Triunfo SeguroscoreChannel Partner/ Reseller/ DistributorTriunfo is a partner insurance company offering property and casualty insurance through Aval's brokerage.
• Rivadavia SeguroscoreChannel Partner/ Reseller/ DistributorRivadavia is a national insurance company partner offering property and casualty insurance products through Aval.
• Caruso SeguroscoreChannel Partner/ Reseller/ DistributorCaruso is a partner insurance company within Aval's network, offering property and casualty insurance.
• ASociart ARTcoreChannel Partner/ Reseller/ DistributorASociart is an ART (workers' compensation insurer) partner offering workers' compensation and workplace risk coverage through Aval.
• Experta ARTcoreChannel Partner/ Reseller/ DistributorExperta is an ART (workers' compensation insurer) partner offering workers' compensation coverage to Aval's business clients.
• Prevención ARTcoreChannel Partner/ Reseller/ DistributorPrevención is an ART (workers' compensation insurer) partner within Aval's network for workplace risk coverage.
• Provincia ARTcoreChannel Partner/ Reseller/ DistributorProvincia is an ART (workers' compensation insurer) partner offering workers' compensation insurance through Aval.
• Andina ARTcoreChannel Partner/ Reseller/ DistributorAndina ART is a workers' compensation insurer partner operating within Aval's ART network.
• Serena ARTcoreChannel Partner/ Reseller/ DistributorSerena ART is a workers' compensation insurer partner within Aval's network for ART coverage.
• MapfrecoreChannel Partner/ Reseller/ DistributorMapfre is an international insurance company partner offering property and casualty insurance through Aval's network.
• Banco de la Nación ArgentinaminorChannel Partner/ Reseller/ DistributorBanco de la Nación Argentina is a partner institution, appearing in Aval's list of insurance company logos, suggesting a co-distribution or preferred partnership arrangement.
• Banco BBVAminorChannel Partner/ Reseller/ DistributorBanco BBVA appears as a partner institution in Aval's insurance company network, suggesting a co-distribution relationship.
• OmintminorChannel Partner/ Reseller/ DistributorOmint is a health and insurance company partner in Aval's network of insurers.
• Swiss MedicalminorChannel Partner/ Reseller/ DistributorSwiss Medical is a health insurance company partner within Aval's network.
• AfianzadoraminorChannel Partner/ Reseller/ DistributorAfianzadora is a surety/bond insurance company partner in Aval's network.
• Alba CauciónminorChannel Partner/ Reseller/ DistributorAlba Caución is a surety/bond insurance company partner within Aval's network.
• CosenaminorChannel Partner/ Reseller/ DistributorCosena is a partner insurance company within Aval's network.
• HolandominorChannel Partner/ Reseller/ DistributorHolando is a partner insurance company within Aval's network.
• Nación SegurosminorChannel Partner/ Reseller/ DistributorNación Seguros is a partner insurance company in Aval's network, operated by Banco de la Nación.
• Provincia SegurosminorChannel Partner/ Reseller/ DistributorProvincia Seguros is a partner insurance company within Aval's network.
• Prudencia SegurosminorChannel Partner/ Reseller/ DistributorPrudencia Seguros is a partner insurance company within Aval's network.
• Sancristobal SegurosminorChannel Partner/ Reseller/ DistributorSancristobal Seguros appears as a partner in Aval's network (distinct from San Cristóbal mentioned in the insurers page).

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Lockton Argentina: Privately held global insurance brokerage with Argentine operations, focused on commercial and specialty risks. Comparable to Aval as an independent multi-line broker, though typically serving mid-market and large corporate clients rather than SMEs and individuals.
• Aon Argentina: Global insurance and reinsurance brokerage operating in Argentina, providing intermediation across commercial P&C, life, and benefits. Comparable to Aval as a multi-line broker with corporate focus, though serving larger enterprise accounts and with significantly broader international capabilities.
• Marsh Argentina: Global insurance brokerage and risk advisory firm with a sizable Argentine operation offering commercial and personal lines intermediation. Most directly comparable as a competing insurance broker operating in the same market with similar multi-carrier placement and risk advisory capabilities, though at significantly greater scale.
• Willis Towers Watson Argentina: International insurance broker and advisory firm with Argentine presence offering risk placement and broking services. Comparable to Aval in intermediation between clients and carriers across multiple lines, but focused on large corporate and specialty risks.
• Arthur J. Gallagher Argentina: Global insurance brokerage with Argentine operations offering multi-line placement and risk management services. Comparable to Aval as a competing broker, though with broader geographic footprint and deeper specialty lines expertise.

Broad incumbents

• La Caja Seguros Argentina: Large Argentine insurance group offering personal and commercial lines through proprietary and broker channels. Comparable to Aval in multi-line offering and Argentine market focus, though operating with both captive and broker distribution.
• Federación Patronal Seguros: Major Argentine mutual insurance carrier offering P&C and commercial lines. Listed as an Aval carrier partner, but also competes for direct customer relationships — relevant peer because it operates in the same product space and Argentine geography.
• HDI Seguros Argentina: International insurance group with direct carrier operations in Argentina, also operating broker channels. Relevant peer because it competes with Aval for placement while also being a potential carrier partner; overlaps in P&C and commercial lines.
• Sancor Seguros: Major Argentine cooperative insurance carrier offering personal and commercial lines directly and through brokers. Listed as a current Aval carrier partner, but also a competitive threat via direct sales — comparable as a multi-line insurance presence in the same Argentine market.

Emerging players

• Mercado Libre Seguros: Embedded insurance offering from Latin America's largest e-commerce platform, distributing auto, home and other insurance products directly through its marketplace and consumer fintech ecosystem. Relevant competitor because it offers a digital, self-service insurance experience that threatens traditional broker intermediation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/AvalAsesoresSeg
• YouTubeyoutube.com/@avalasesoresdeseguros
• Facebookfacebook.com/avalasesoresdeseguros
• LinkedInlinkedin.com/company/avalasesoresdeseguros
• Instagraminstagram.com/avalasesoresdeseguros

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Aval