Agroasemex

What Agroasemex does

Agroasemex is a non-profit government-owned company headquartered in Querétaro, Mexico, that provides a wide variety of insurance products to rural sectors. Its operational presence is established through the official Mexican government portal (gob.mx/agroasemex), indicating that it functions as a state-backed entity within the federal government's administrative ecosystem. The company's stated focus is on rural insurance markets, a segment typically characterized by agricultural producers and small-scale rural enterprises that are often underserved by commercial private insurers.

The company's core offering centers on insurance products tailored to rural and agricultural needs in Mexico. No further detail on specific product lines, premium structures, underwriting models, or claims processes is available in the supplied data. The technology, API, integration, and product-launch fields in the source material are empty, indicating that no proprietary technology platform, digital product surface, or AI-driven capabilities have been disclosed. The firm operates without publicly disclosed pricing models, customer segments, or distribution-channel specifics beyond its presence on the government portal.

Agroasemex's business model is consistent with a government non-profit structure: it serves a public-policy mandate rather than pursuing profit maximization. No revenue figures, funding rounds, headcount, subsidiary structure, ownership commentary, or financial disclosures are available in the input. Similarly, no management team, strategic moves, M&A activity, or leadership changes have been documented in the supplied sources. The company's investment and growth trajectory therefore cannot be assessed from the available evidence, and the data gap itself is material for any prospective PE/VC/M&A analysis.

Name

Agroasemex

Website

https://gob.mx

Company type

Private

Short description

Agroasemex is a non-profit, government-owned insurance provider based in Querétaro, Mexico, that delivers a range of insurance products to rural sectors across the country.

Ownership category

akta.pro rank

Product category

Agricultural Insurance

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Precision/Variable-Rate Agronomy & Rx Development (AFACABAG)

Keywords

• Agricultural insurance
• Rural insurance
• Crop insurance
• Livestock insurance
• Government insurance programs

Headquarters

HQ city

Querétaro

HQ country

Mexico

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Core offering

Agroasemex is a non-profit government-owned insurance company that provides a wide variety of insurance products to rural sectors in Mexico. The company is based in Querétaro and operates under the Mexican federal government's gob.mx domain. It functions as a state-affiliated insurer delivering coverage to rural agricultural producers and related rural sector participants across Mexico.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Others

• SCOR: Global reinsurer with an established agricultural book covering crop, livestock, and aquaculture. Comparable to Agroasemex as a major participant in agricultural risk transfer relevant to the Mexican market.
• Swiss Re: Global reinsurer with a large agricultural reinsurance portfolio, including crop and livestock in Latin America. Comparable to Agroasemex as a counterparty in agricultural risk transfer and a benchmark for capacity in the Mexican agricultural market.
• Munich Re: Global reinsurer with significant agricultural reinsurance exposure in Latin America. Comparable to Agroasemex as a major reinsurer of agricultural risk in Mexico and a likely capacity partner.

Regional players

• Agroseguro (Spain): Spanish state-backed agricultural insurance pool providing crop, livestock, and aquaculture coverage. Comparable to Agroasemex as a government-affiliated agricultural insurance entity with a similar pooled, public-mandate model, though in a different geography.

Broad incumbents

• AXA México: Major Mexican P&C insurer with a dedicated agricultural book including crop, livestock, and aquaculture. Comparable to Agroasemex as a similarly broad insurance provider serving rural and agricultural clients in Mexico.
• Mapfre México: One of Mexico's largest insurance groups, offering agricultural, life, and property/casualty products. Comparable to Agroasemex because it underwrites agricultural risk in Mexico and competes for the same rural customer base, though as part of a much broader portfolio.
• GNP Seguros: One of Mexico's largest insurance groups, with agricultural and rural insurance offerings. Comparable to Agroasemex as a broad-based Mexican insurer with agricultural book.
• Seguros Banorte: Large Mexican insurance company with agricultural and rural products distributed through the Banorte banking network. Comparable to Agroasemex because of Mexican market presence and overlap in agricultural insurance offerings.
• Zurich Seguros México: Major Mexican insurer with deep expertise in parametric and crop insurance products. Comparable to Agroasemex because it directly serves Mexican agricultural producers and competes in the same crop insurance segment.

Direct peers

• ProAgro (Seguros ProAgro): Long-standing Mexican agricultural insurer focused on crop and livestock insurance for rural producers. Direct competitor to Agroasemex in the Mexican agricultural insurance market with overlapping customer segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/agroasemex

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 Agroasemex