General de Seguros
- Company typePrivate
- Founded1981
- HeadquartersSanto Domingo, Dominican Republic
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
General de Seguros firmographics
Firmographics- Name
- General de Seguros
- Legal name
- General de Seguros, S.A.
- Website
- https://generaldeseguros.com.do
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
General de Seguros industry classification
Industry- Product category
- Multi-line Insurance Services
- NAICS
- Direct Life, Health, and Medical Insurance Carriers (52411), Direct Life Insurance Carriers (524113), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Carriers, Nec (6399), Life Insurance (6311), Accident & Health Insurance (6321), Surety Insurance (6351)
- akta.pro primary industry
- Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)
- akta.pro secondary industries
- General Liability Insurance (FSAJAMAE), International/Expatriate Individual Health Insurance (FSAIAEAH)
Keywords
Where General de Seguros is headquartered
LocationHeadquarters
- HQ city
- Santo Domingo
- HQ country
- Dominican Republic
- HQ region
- Latin America
Offices7 records
Markets served
General de Seguros business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Supply Chain, Technology or R&D, Infrastructure
Revenue model
- Insurance Premiums - Personas: Collection of recurring insurance premiums from individual customers covering life insurance, travel insurance, unemployment income protection, personal accidents, critical illness, funeral expenses, and repatriation services.
- Insurance Premiums - Movilidad: Vehicle insurance premiums for automobiles, maritime vessels, and aircraft covering collision, theft, third-party liability, and emergency assistance.
- Insurance Premiums - Vivienda: Home insurance premiums covering fire, civil liability, and electronic equipment against all risks.
- Insurance Premiums - Empresas: Business insurance premiums covering bonds (fianzas), fidelity, engineering works, electronic equipment, fire and allied lines, money and securities theft, cargo transportation, glass and signs, civil liability, and bundled MultiPymes products.
- Renta Vitalicia (Lifetime Annuity): Private pension product where policyholders transfer their AFP pension fund to General de Seguros in exchange for guaranteed lifetime monthly payments, generating revenue through actuarial calculations and investment returns.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | General Experience - Maximum coverage for global travel |
| Subscription | Annual | General Esencial - Essential coverage for standard travel |
| Subscription | Annual | General Euro Schengen - Europe-specific coverage |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
General de Seguros product offering
Product offeringCore offering
General de Seguros is a Dominican Republic insurance company offering a diversified portfolio of insurance products across four segments: Personas (life, travel, accidents, critical illness, funeral expenses, unemployment income protection, repatriation, and lifetime annuity), Movilidad (auto, maritime, and aircraft), Vivienda (home fire, civil liability, electronic equipment), and Empresas (bonds, fidelity, engineering, cargo, commercial fire, theft, civil liability, and bundled SME packages). The company also provides the Renta Vitalicia private pension product that converts AFP pension fund balances into guaranteed lifetime monthly payments.
Differentiator
Problem solved
Functional benefit
Brands
- CieloRD: Repatriation of remains program designed to guarantee that in case of death outside the country, the body returns to the Dominican Republic with respect and dignity. Service aimed at Dominicans abroad.
- Renta Vitalicia GS
Products and services
- Auto Insurance (Automóviles)
- Maritime Vessel Insurance (Naves Marítimas)
- Aircraft Insurance (Aeronaves)
- Travel Insurance (Viajes)
- Life Insurance (Vida)
- Debtor Life Insurance (Vida Deudores)
- Unemployment Income Protection (Renta por Desempleo)
- Personal Accident Insurance (Accidentes Personales)
- Critical Illness Insurance (Enfermedades Graves)
- Funeral Expenses Insurance (Últimos Gastos)
- CieloRD Repatriation Program
- Renta Vitalicia (Lifetime Annuity)
- Home Fire Insurance (Incendio)
Quantifiable outcome
- Ranked #9 in Dominican insurance market (from rank 19 in 2012 after Grupo Castillo Holding acquisition)
- +2 more outcomes
Companies that use General de Seguros
Customer profileSegments6 records
Ideal customer profiles4 records
General de Seguros technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
General de Seguros partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core, major and minor.
- AENOR (Asociación Española de Normalización y Certificación)coreAENOR issued the ISO 9001:2015 certification to General de Seguros through its director Ariel Espejo, recognizing the company's quality management system implementation.
- IQNETcoreIQNET provides international certification alongside AENOR for ISO 9001:2015, extending quality certification recognition globally.
- Swiss RecoreMajor international reinsurer providing reinsurance capacity and risk expertise to General de Seguros.
- Delta RE (BBB+ Fitch Rating)coreReinsurance partner with BBB+ Fitch rating providing financial strength and reinsurance support.
- Patria REmajorRegional reinsurer providing additional reinsurance capacity and risk diversification.
- Navigators REmajorInternational reinsurance partner supporting specialty insurance lines.
- Austral REmajorLatin American reinsurance partner providing regional market expertise.
- Triglav REminorEuropean reinsurance partner contributing to risk pooling.
- CIG REminorReinsurance partner for additional capacity support.
- Banco AtlánticocoreBanking partner within Grupo Castillo Holding ecosystem, co-hosting 'Portafolio al Éxito' business events and cross-selling insurance products to bank customers.
- AFP AtlánticocorePension fund administrator partner within Grupo Castillo Holding ecosystem, facilitating the Renta Vitalicia private pension product.
- ADOCOSE (Asociación Dominicana de Corredores de Seguros)coreDominican Insurance Brokers Association providing distribution network of licensed intermediaries; executives of General de Seguros met with ADOCOSE authorities in November 2024 to discuss sector development and product portfolio.
- Cámara Dominicana de Aseguradores y Reaseguradores Inc. (CADOAR)majorDominican Insurers and Reinsurers Chamber membership for industry representation and best practices.
- Asociación Dominicana de Mitigación de Desastres (ADMD)minorDisaster mitigation association membership supporting community resilience.
- Asociación Panamericana de Fianzas (APF)minorPanamerican Surety Association membership for bonding and fidelity insurance expertise.
- Cámara de Comercio de EspañaminorSpanish Chamber of Commerce membership facilitating international business connections.
Scale indicators5 records
Recent moves7 records
Expansion highlights7 records
General de Seguros competitors and assessment
Company assessmentDirect peers
- Seguros Banreservas: Dominican insurance carrier affiliated with Banco de Reservas, the country's largest state-owned bank. Directly comparable as a multi-line Dominican insurer leveraging banking distribution and competing for the same Personas, Movilidad, Vivienda, and Empresas segments.
- Humano Seguros: Dominican insurance carrier offering health, life, auto, and property coverage with a strong agent network. Competes directly in the DR market for individual and group customers across similar product lines.
- MAPFRE BHD Seguros: Dominican multi-line insurer formed through MAPFRE's acquisition of local operations and partnership with BHD bank. Direct peer offering the same product categories (life, auto, home, business) with similar agent and broker distribution in the DR market.
- Seguros Universal: Established Dominican insurance company offering personal and commercial lines including life, auto, home, and health. Direct competitor to General de Seguros across Personas, Movilidad, Vivienda, and Empresas product categories.
- Seguros SURA: Dominican subsidiary of Latin American insurer SURA, providing life, auto, home, and commercial coverage. Comparable multi-line insurance carrier competing in the same Dominican market with overlapping customer segments and broker distribution.
- La Monumental de Seguros: Long-standing Dominican insurer with a diversified portfolio spanning life, health, auto, and commercial lines. Comparable multi-line domestic competitor with similar regional branch footprint and agent-driven distribution.
Broad incumbents
- MAPFRE: Spanish multinational insurance group with major Dominican operations. Operates broadly across Latin America with deeper capital and global reinsurance access, providing a benchmark for scale and product breadth that General de Seguros competes against.
Regional players
- Pan-American Life Insurance Group: U.S.-headquartered insurer with significant Caribbean and Latin American operations. Comparable in life, health, and annuity offerings across the Caribbean region, with similar institutional and group distribution models.
- ASSA Compañía de Seguros: Panama-based insurance group with Caribbean-wide presence including DR-relevant product lines. Comparable multi-line carrier operating in nearby Caribbean markets with similar product taxonomy and reinsurer relationships.
- Sagicor Life Insurance: Caribbean-headquartered life and health insurer with regional operations. Comparable in life and annuity product focus, particularly relevant for benchmarking General de Seguros' Renta Vitalicia private pension offering.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
General de Seguros social profiles
Digital presenceGeneral de Seguros financial estimates
Financial estimateRevenue estimate
Valuation estimate
General de Seguros leadership team
Management profileNumber of profiles
Profiles23 records
General de Seguros funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
General de Seguros M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about General de Seguros
What does General de Seguros do?
General de Seguros is a Dominican Republic insurance company offering a diversified portfolio of insurance products across four segments: Personas (life, travel, accidents, critical illness, funeral expenses, unemployment income protection, repatriation, and lifetime annuity), Movilidad (auto, maritime, and aircraft), Vivienda (home fire, civil liability, electronic equipment), and Empresas (bonds, fidelity, engineering, cargo, commercial fire, theft, civil liability, and bundled SME packages). The company also provides the Renta Vitalicia private pension product that converts AFP pension fund balances into guaranteed lifetime monthly payments.
Is General de Seguros a public or private company?
General de Seguros is a private company. It is classified as corporate owned and is currently operating.
When was General de Seguros founded?
General de Seguros was founded in 1981. It employs 101 to 250 people.
Where is General de Seguros based?
General de Seguros is headquartered in Santo Domingo, Dominican Republic, in the Latin America region.
How does General de Seguros make money?
Five revenue lines are on record. Insurance Premiums - Personas are the primary driver. The others are insurance Premiums - Movilidad, insurance Premiums - Vivienda, insurance Premiums - Empresas and renta Vitalicia (Lifetime Annuity).
Who are General de Seguros's main competitors?
Direct peers on record are Seguros Banreservas, Humano Seguros, MAPFRE BHD Seguros, Seguros Universal, Seguros SURA and La Monumental de Seguros. MAPFRE is listed as a broad incumbent. Regional players are Pan-American Life Insurance Group, ASSA Compañía de Seguros and Sagicor Life Insurance.
Does General de Seguros have an API?
No public API is recorded for General de Seguros.
What industry is General de Seguros in?
General de Seguros's product category is Multi-line Insurance Services. Its primary akta.pro industry code is FSAIAEAD, Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident), with a secondary code of FSAJAMAE, General Liability Insurance. Its NAICS code is 52411 and its SIC code is 6399.