Seguros Horizonte

What Seguros Horizonte does

Seguros Horizonte S.A. is a Venezuelan state-owned insurance carrier founded on December 4, 1956, headquartered in Chacao, Caracas, and legally attached to the Ministry of Popular Power for Defense as a decentralized entity. IPSFA — the social welfare institute of the National Armed Forces (FANB) — holds 99% of the company's shares, making military and civilian defense personnel the anchor customer base. The firm operates six primary product lines: health insurance (HoriSalud, HoriFanb, complementary and excess coverages), vehicle insurance (RCV, casco, occupant accident), property insurance (HoriResguardo, fire, theft, industrial all-risk, engineering), personal accident and life insurance, surety bonds (Fianzas) at 1.5%–3% rates, and trust/managed funds services (Fideicomisos, Fondos Administrados). It also markets a solidarity product line (SolidarSalud, SolidarAP, SolidarApoyo) for retirees, pensioners, seniors, and persons with disabilities.

The company runs its own digital sales and servicing platform — Horizonline — for online quotation and policy issuance in health and vehicle lines, complemented by a 24/7 call center (CATA), SMS-based claims notification (short code 4674), and the AMI/AMP healthcare service network. In March 2026 it entered a joint technology initiative with two other state insurers (Seguros Miranda and Seguros La Previsora) to build a shared case management platform for the Ministry of Health under the Plan for Health and Life 2026. Distribution is overwhelmingly domestic: branches, agencies, and offices in every Venezuelan state, 41+ primary care clinics in Caracas, a nationwide workshop network for vehicle claims, and 300+ funeral service providers. The firm monetizes via recurring annual premiums across individual and collective policies, with bond pricing at 1.5%–3% of contract value and fiduciary/administrative fees on managed funds.

The customer mix is anchored by government and military institutions — FANB, MPPD civilian personnel, the National Electoral Council (CNE), and collective-policy corporate clients — supplemented by retail individuals, vehicle owners, property owners, and a solidarity segment for vulnerable populations. Multi-channel go-to-market combines direct field sales, inside sales via CATA, self-service online, and public-sector institutional engagement. The company provides reinsurance, surety, and trust services on top of its core insurance book, and operates one disclosed subsidiary — Financiadora de Primas Horizonte, S.A. — for premium financing.

Name

Seguros Horizonte

Legal name

Seguros Horizonte S.A.

Website

https://seguroshorizonte.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Seguros Horizonte S.A. is a Venezuelan state-owned insurance carrier, 99% owned by IPSFA and attached to the Ministry of Defense, providing health, vehicle, property, life, surety, and solidarity insurance to military personnel, civilian defense employees, and the general public across Venezuela.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Funds, Trusts, and Other Financial Vehicles (525), Health and Welfare Funds (525120)

SIC

Life Insurance (6311), Accident & Health Insurance (6321), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Group Universal Life (GUL) (FSAIADAC)

akta.pro secondary industries

Group Variable Universal Life (GVUL) (FSAIADAD), Self-Funded (ASO) Group Health Plans & Stop-Loss (FSAIAFAB), Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK)

Keywords

• Insurance services
• Health insurance
• Vehicle insurance
• Property insurance
• Surety bonds

Headquarters

HQ city

Chacao

HQ country

Venezuela

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Health Insurance Premiums: Recurring premium payments from individual and collective health insurance policies including HoriSalud, HoriFanb, and complementary health coverage. Coverage includes hospitalization, surgery, maternity, and excess coverage.
2. Vehicle Insurance Premiums: Premium revenue from auto insurance policies covering casco (total/partial loss, comprehensive), liability, and occupant accident coverage for vehicles.
3. Property Insurance Premiums: Premiums from property insurance including HoriResguardo, fire insurance, robbery insurance, technical engineering coverage, and commercial combined policies.
4. Funeral Services: Revenue from funeral service policies (HoriServex, collective funeral) and associated services including cremation, inhumation, and related benefits.
5. Bonds (Fianzas): Bond premiums for state contracts and guarantees, with applicable rates between 1.5% to 3% as stated in FAQ.
6. Trust Services (Fideicomisos): Fiduciary services managing trust arrangements in compliance with agreed stipulations.
7. Administered Funds (Fondos Administrados): Management of administered funds as part of the company's social mission and supplementary offerings.
8. Life Insurance: Life insurance premiums including individual and collective policies, with coverage for death, total/permanent disability, and accidental death indemnification.
9. Personal Accident Insurance: Premiums from personal accident coverage including individual and collective policies, school accident policies (HORIESCOLAR), and complementary FANB policies.
10. Solidarity Products: Special solidarity insurance products (SolidarSalud, SolidarAP, SolidarApoyo) targeting retirees, pensioners, seniors (60+), and persons with disabilities with reduced solidarity premiums.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

Seguros Horizonte S.A. is a Venezuelan state-owned insurance company that sells health, vehicle, property, life, personal accident, funeral, and solidarity insurance policies, alongside surety bonds (fianzas), fiduciary trust services (fideicomisos), and administered funds. It serves individuals, military and civilian defense personnel, corporate clients, and government institutions through nationwide branches, the Horizonline digital platform, and the CATA call center. Its product mix emphasizes collective health and life coverage for the FANB armed forces and affordable solidarity coverage for retirees, pensioners, and persons with disabilities.

Product overview

Seguros Horizonte S.A. offers a comprehensive portfolio of insurance products and services as Venezuela's state-owned insurance company, primarily serving military personnel and civilians affiliated with the Ministry of Popular Power for Defense. The core offerings are organized into six main categories: (1) Health Insurance including HoriSalud, HoriFanb, Póliza Complementaria FANB, Póliza de Exceso Individual MPPD, collective and individual health policies, plus AMI and AMP healthcare services; (2) Vehicle Insurance providing civil liability, casco (comprehensive), and occupant accident coverage; (3) Property Insurance featuring HoriResguardo home insurance, fire, theft, and industrial all-risk policies; (4) Solidarity Products (SolidarSalud, SolidarAP, SolidarApoyo) designed for retirees and vulnerable populations; (5) Surety Bonds (Fianza) and Trust Services (Fideicomiso); and (6) Administered Funds (Fondos Administrados). The company operates the Horizonline digital platform for online quotations and policy management, supported by nationwide networks of affiliated clinics and workshops.

Differentiator

Problem solved

Functional benefit

Brands

• HoriSalud: Individual health insurance policy with basic and excess coverage options, including hospitalization, surgery, maternity, funeral services, life, and accident coverage.
• HoriFanb
• HoriResguardo
• HoriServex
• Horiescolar
• Horiline
• AMI (Atención Médica Integral)
• SolidarSalud
• SolidarAP
• SolidarApoyo
• Tu Horizonte Radio

Products and services

• HoriSalud Individual Health Insurance Comprehensive individual health insurance policy covering medical assistance, surgical interventions, medications, and treatments resulting from accidents or covered illnesses. Includes basic HCM coverage of 150,000 with excess options of 10,000,000 to 20,000,000, and maternity coverage with 60,000 basic plus excess options. For individuals and families.

Quantifiable outcome

• 24/7 emergency medical attention with 365-day coverage nationwide
• +3 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Seguros MirandacoreStrategic or Co-development Partner · 16 March 2026State insurance company collaborating with Seguros Horizonte and Seguros La Previsora to develop a joint technological platform for the Ministry of Health to automate case management under the Plan for Health and Life 2026.
• Seguros La PrevisoracoreStrategic or Co-development Partner · 16 March 2026State insurance company collaborating with Seguros Horizonte and Seguros Miranda to develop a joint technological platform for the Ministry of Health to automate case management under the Plan for Health and Life 2026.
• Superintendencia de la Actividad Aseguradora (Sudeaseg)minorOthers · 16 March 2026Insurance activity regulator participating in strategic meetings with state insurers for industry coordination and platform development initiatives.
• Ministerio del Poder Popular para la DefensacoreStrategic or Co-development PartnerParent government ministry to which Seguros Horizonte is attached as a decentralized entity. Sets strategic direction and oversight for the company's operations within the defense sector.
• Ministerio del Poder Popular para la Salud (MPPS)coreStrategic or Co-development PartnerHealth ministry collaborating with state insurers including Seguros Horizonte on the Plan for Health and Life 2026, utilizing a jointly developed technology platform for healthcare case management optimization.
• Cámara de Aseguradoras de VenezuelaminorOthersInsurance chamber association of which Seguros Horizonte is a member, providing industry networking and regulatory coordination.
• Banco del TesorominorOthersState treasury bank listed among key institutional partners, potentially providing banking services and financial coordination.
• BanFanB ClubminorGTM or Marketing PartnerMilitary family bank club alliance providing cross-promotional access to BanFanB customers through the HorizonClub loyalty program for insurance products.
• InterasistminorChannel Partner/ Reseller/ DistributorThird-party service provider handling customer contact and assistance services, with contact numbers 0212-8204000/8204042 for policy inquiries.
• Financiadora de Primas Horizonte, S.A.minorStrategic or Co-development PartnerRelated insurance premium financing company providing payment plan options for policyholders, enabling accessible premium payments.
• Consejo Nacional Electoral (CNE)minorStrategic or Co-development PartnerNational Electoral Council receiving specialized healthcare services (odontological and ophthalmological) for their workers insured with Seguros Horizonte at CAMI facilities.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Zurich Insurance Group: Swiss multinational with significant Latin American operations spanning life, non-life, and commercial insurance. Overlaps with Seguros Horizonte in health, vehicle, and property lines but operates globally with much broader product and geographic diversification.
• AXA: French multinational insurance group with Latin American operations covering life, health, property, and casualty lines. Overlaps with Seguros Horizonte's multi-line composite offering but with global capital base and diversified geographic risk profile.
• MetLife: Global life and health insurance leader with Latin American operations including group and individual life, accident, and health products. Comparable to Seguros Horizonte's life and accident lines but operates at much greater scale globally.
• Mapfre: Spanish multinational insurer with one of the strongest Latin American footprints, including operations in Venezuela. Offers overlapping multi-line products (life, health, auto, property) across the same geography with broader geographic diversification.
• Chubb Limited: Global property and casualty insurer with significant Latin American presence. Comparable to Seguros Horizonte's vehicle casco, property, fire, theft, and engineering lines but with broader geographic diversification and reinsurance-backed capacity.
• Sura: Latin American insurance and financial services group with operations across Spanish-speaking Americas. Overlaps with Seguros Horizonte in life, health, and property lines via regional subsidiaries with broader geographic and product diversification.

Direct peers

• Seguros La Previsora: Venezuelan state-owned insurance company and co-developer of the joint state insurance technology platform under the Plan for Health and Life 2026. Directly comparable as a fellow state insurer with similar defense-sector ties and multi-line offerings in the same market.
• Banesco Seguros: Insurance arm of the Banesco banking group operating in Venezuela with multi-line individual and group insurance products. Comparable Venezuelan competitor with bank-distribution synergies and overlapping customer segments.
• Universitas: Venezuelan insurance company offering life, health, vehicle, and property coverage to individuals and businesses in the same domestic market. Closely aligned product portfolio and customer base position it as a directly comparable private-sector peer.
• Seguros Miranda: Venezuelan state-owned insurance company collaborating with Seguros Horizonte and Seguros La Previsora on a shared technology platform for Ministry of Health case management. Same ownership structure, similar multi-line product mix, and identical regulatory environment make it the closest directly comparable peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/seghorizonte
• YouTubeyoutube.com/user/SegurosHorizonte
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/seguros-horizonte-s-a
• Instagraminstagram.com/seguroshorizonte_ve?igsh=dDFiczk1MjhzMGJw
• TikToktiktok.com/@seguroshorizonte

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Seguros Horizonte