What Occident does

Occident is a Madrid-headquartered Spanish insurance company, founded in 1969 and operating as a subsidiary of Grupo Catalana Occidente (GCO). The company underwrites and distributes a multi-line insurance and financial services portfolio covering automobile (basic third-party, comprehensive third-party, all-risk with and without deductible, and electric/hybrid variants), home, health, life, funeral, savings, pension plans, and investment funds. It also writes business and self-employed lines including multi-risk SME, civil liability, cyber risk, transport, construction, fleet, employee benefits, and professional coverage, and runs a vehicle renting offering for both individuals and companies.

The underlying technology is a standard insurance policy administration platform augmented by a digital self-service layer: the e-Cliente web portal, the Occident mobile application, the Tu Salud Digital health app (offering video medical consultation and digital health services), and integration with the AutoPresto network of 300+ partner workshops for vehicle repair routing. No proprietary AI/ML systems, patents, or advanced data assets are disclosed; the technical posture is best characterized as a traditional insurer modernizing customer-facing digital channels on top of legacy core systems.

Occident makes money primarily through recurring insurance premiums (monthly or annual) on subscription-style contracts, supplemented by investment management fees on its SIALP, PIAS, pension plan, and investment fund range (including the GCO and Occidental fund series). Distribution is hybrid: an extensive physical agent network of approximately 1,200 offices across Spain provides advice, policy issuance, and claims support, while the website, mobile app, and e-Cliente portal enable direct online purchase, self-service, and claims filing. The company serves more than 4 million customers across three segments (Particulares, Empresas, Autónomos) in Spain and Andorra, with a reported average customer relationship of 11.3 years and 2,900 technical and repair staff supporting service delivery.

Name

Occident

Legal name

Occident

Website

https://occident.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Occident is a Madrid-based, GCO-owned Spanish multi-line insurance and financial services company serving more than 4 million individual, business, and self-employed customers across Spain and Andorra, distributing auto, home, health, life, savings, and business insurance through a 1,200-office agent network plus digital channels.

Ownership category

akta.pro rank

Product category

Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Insurance Agencies and Brokerages (524210)

SIC

Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

International/Expatriate Individual Health Insurance (FSAIAEAH)

akta.pro secondary industries

Group AD&D (Standalone or Bundled with Life) (FSAIADAG), Group AD&D Insurance (Employer-Sponsored) (FSAIALAA)

Keywords

• Insurance services
• Auto insurance
• Home insurance
• Health insurance
• Business insurance

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Recurring insurance premiums from automobile, home, health, life, savings, and other insurance products. Customers pay monthly or annual premiums based on coverage selected.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Occident is a Spanish insurance company that sells a comprehensive portfolio of personal, business, and self-employed insurance products — including automobile, home, health, life, funeral, pet, civil liability, multi-risk business, cyber risk, transport, construction, and fleet insurance — along with savings products such as pension plans, life savings insurance, and investment funds. The company also offers vehicle renting services for both individuals and businesses, and digital services including the Tu Salud Digital health app and e-Cliente online portal.

Product overview

Occident is a Spanish insurance company offering a comprehensive portfolio of insurance products and financial services across multiple segments: individuals (personal), businesses (empresas), and self-employed workers (autónomos). The core product offerings include automobile insurance (with basic third-party, comprehensive third-party, all-risk with deductible, and all-risk without deductible variants), home insurance, health insurance, life insurance, savings and pension plans, and investment funds. Business-specific products include multi-risk business insurance, cyber risk insurance, civil liability, transport insurance, construction insurance, and fleet insurance. Self-employed offerings cover civil liability, business, legal protection, accidents, health, and driving license protection. The company also provides vehicle renting services for both businesses and individuals, digital services including the Tu Salud Digital app and e-Cliente online portal, and investment products through pension plans, life savings insurance, and various investment funds. The products operate as standalone offerings across different customer segments rather than a unified platform with modular add-ons.

Differentiator

Problem solved

Functional benefit

Products and services

• Seguro de Coche a Terceros Completo Comprehensive third-party car insurance for individuals adding fire, theft, and optional vehicle replacement and total loss indemnity to the basic third-party coverage.
• Seguro de Coche Todo Riesgo con Franquicia All-risk car insurance with deductible for individuals covering all vehicle damages including own damage, vehicle replacement, and key duplication, with up to 60% good driver discount.
• Seguro de Coche Todo Riesgo sin Franquicia Full coverage all-risk car insurance without deductible for individuals providing complete protection with no out-of-pocket expenses for policyholders.
• Seguro de Coche Eléctrico/Híbrido Specialized insurance for electric and hybrid vehicles covering charging cables, charging stations, and eco vehicle replacement.
• Seguro de Coche a Terceros Básico Basic third-party car insurance for individuals covering mandatory civil liability, windshield replacement, legal defense, and roadside assistance.
• Seguro de Hogar Home insurance for individuals covering property damage, liability, and assistance services with multiple product tiers including Exclusive, Double Protection, and Landlord variants, plus 24h assistance and BricoHogar service.
• Seguros de Salud Health insurance with multiple modalities including healthcare with copay, medical reimbursement, well-being, senior well-being, and hospitalization subsidy, complemented by the Tu Salud Digital app.
• Seguros de Decesos Funeral insurance covering family, senior, and repatriation needs to handle funeral arrangements.
• Planes de Pensiones Pension plans including individual plans, PPSE savings, and EPSV for retirement savings and investment.
• Seguros de Vida Ahorro Life savings insurance including growing savings, capital savings, SIALP, PIAS, and multi-fund investment options.
• Fondos de Inversión Investment funds including GCO series (savings, fixed income, equities, Eurobolsa, USA stocks, international, mixed, global) and Occidental series.
• Renting para Particulares Individual vehicle leasing subscription service with all-inclusive monthly packages including models such as Peugeot 208 (€259/month), Kia Stonic (€282/month), and Seat Leon (€307/month).
• Seguro Mascotas Pet insurance providing veterinary coverage, network of pet residences, and civil liability for pets.
• Seguros para Autónomos Self-employed insurance covering civil liability, business, legal protection, accidents, health, and driving license protection, designed for freelancers and independent contractors.
• Seguro Combinado Empresas (Multi-Risk Business Insurance) Comprehensive multi-risk business insurance covering all business needs in a single policy with customized coverages and debt recovery services for companies.
• Seguro Pyme Industrial Optimal insurance protection for small industrial businesses including legal claim and defense and 24-hour emergency assistance.
• Seguro Ciberriesgo Empresas (Business Cyber Risk Insurance) Cyber risk insurance protecting businesses against digital threats with data loss and restoration services plus preventive services.
• Renting para Empresas (Business Renting) Vehicle leasing subscription service for businesses with all-inclusive monthly packages including Mazda CX-30 (€336/month), Peugeot Partner (€363/month), and Lynk & CO 01 (€509/month).
• Seguro Responsabilidad Civil Empresas Civil liability insurance for businesses covering professional, construction, real estate, and environmental liability.
• Seguros de Transporte y Logística Transport insurance covering carriers, cargo, CMR, and LOTT for logistics and shipping operations.
• Seguro Salud Empresas Company health insurance providing healthcare coverage for employees with medical assistance as an employee benefit.
• Seguros de Vida y Ahorro Colectivo Collective life insurance and savings products for businesses including life risk, retirement plans, and pension plans for employees.
• Seguros de Construcción Construction insurance including decennial building insurance and all-risk construction and assembly insurance for builders and developers.
• Seguros de Flotas Fleet insurance for businesses managing multiple vehicles under a single consolidated policy.
• Tu Salud Digital (Digital Health App) Digital health application enabling policyholders to manage health services, access medical consultations, and track health-related activities.
• e-Cliente Online customer portal for managing policies, claims, medical video consultations, and savings through computer, mobile, or tablet.

Quantifiable outcome

• Up to 60% discount for good drivers
• +5 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Zurich Insurance España: Spanish subsidiary of Zurich Insurance providing personal and commercial P&C, life, and health products via agents and brokers, a direct multi-line competitor in Spain.
• Generali España: Spanish arm of global insurer Generali offering auto, home, life, and business insurance through agents and brokers, directly competing for the same Spanish customer base.
• Mutua Madrileña: Major Spanish mutual insurer offering auto, home, life, and health insurance with a strong agent and direct distribution model, competing head-to-head with Occident across core lines.
• Mapfre: Spain's largest multi-line insurance group offering auto, home, health, life, and business insurance through agent networks and direct channels, directly comparable to Occident's full-stack model.
• Reale Seguros: Spanish subsidiary of Italian insurer Reale Group offering multi-line personal and commercial insurance via agent network, comparable in distribution model and product mix to Occident.
• Adeslas: Spain's largest health insurance company, directly comparable to Occident's individual and group health insurance offerings across the same customer segments.
• Allianz Seguros España: Spanish operation of Allianz offering auto, home, life, health, and business insurance, competing for the same multi-line customers and SMB segments as Occident.
• Catalana Occidente (GCO): Sister brand under the GCO group offering multi-line insurance in Spain, sharing distribution, IT, and reinsurance infrastructure; the most directly comparable peer given group affiliation.
• Sanitas: Leading Spanish health insurance specialist owned by Bupa, directly comparable to Occident's Seguros de Salud line including senior and reimbursement products.

Emerging players

• Línea Directa Aseguradora: Spanish digital-first auto insurer competing in the same auto market as Occident but with a leaner cost structure, representing the disintermediation risk to traditional agent-led models.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/OccidentSeguros
• Facebookfacebook.com/OccidentSeguros
• LinkedInlinkedin.com/company/occidentseguros

Revenue estimate

Valuation estimate

Number of profiles

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 Occident