Bango Correduría de Seguros S.A.

What Bango Correduría de Seguros S.A. does

Bango Correduría de Seguros S.A. is a Spain-domiciled insurance brokerage (correduría de seguros) operating from Oviedo, Asturias. Structured as a private public-limited company (sociedad anónima), the firm has been in continuous operation since 1989 and currently employs 26 people. The company functions as an intermediary between insurance carriers and end policyholders, which is the standard business model for a Spanish correduría: it places coverage on behalf of clients without assuming underwriting risk and is remunerated via commissions on premiums written.

The company's public digital footprint is limited. Its website (bango.es) is the only confirmed presence in the source data, and the scrape returned only a generic "verifying your request" loader page with no extractable product information, technology stack, partnerships, or distribution channels. No proprietary technology, AI capabilities, integrations, or digital product surface is disclosed. No management team, customer logos, partner networks, awards, patents, or certifications are documented in the available data. No funding rounds, M&A activity, or strategic transactions are reported.

Commercial evidence — pricing model, customer segments, marketing channels, revenue figures, and headcount history — is not provided in the input beyond the static firmographics. Given the 26-employee headcount and the regulated Spanish brokerage model, the firm operates as a small, locally focused intermediary with no visible signs of digital distribution, multi-region expansion, or technology differentiation. Any assessment of growth, market position, or competitive standing is constrained by this lack of operating disclosure.

Name

Bango Correduría de Seguros S.A.

Legal name

Bango Correduría de Seguros S.A.

Website

https://bango.es

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bango Correduría de Seguros S.A. is a 26-employee Spanish insurance brokerage (correduría de seguros) headquartered in Oviedo, Asturias, operating since 1989 as an intermediary placing insurance coverage for clients in exchange for carrier commissions.

Ownership category

akta.pro rank

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

Bango Correduría de Seguros S.A. is an independent insurance brokerage (correduría de seguros) based in Oviedo, Asturias, Spain. The company intermediates insurance products between clients and multiple insurance carriers, advising on coverage selection and policy placement across personal and commercial lines. Founded in 1989, it operates as a Sociedad Anónima with approximately 26 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Insurance Brokerage
• Personal Insurance Brokerage

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• Marsh: Marsh is the world's largest insurance brokerage and risk management firm, with a long-standing Spanish operation (Marsh S.A. in Madrid and regional offices). It competes for the same mid-market and corporate clients that Bango serves, but at vastly greater scale, with global carrier relationships and specialty expertise Bango cannot match.
• Howden: Howden is a fast-growing international insurance brokerage group with an active Iberian presence and a roll-up acquisition strategy targeting established regional brokerages. It is highly comparable to Bango as both competitor and likely acquirer in the Spanish regional brokerage segment.
• Lockton: Lockton is the world's largest privately held insurance brokerage, with growing operations in Europe. It competes for the same commercial insurance placement business Bango serves, and its private, partner-led model is a structural alternative Bango could emulate or be absorbed into.
• Arthur J. Gallagher & Co. Arthur J. Gallagher is a major international insurance brokerage and risk management firm that has actively acquired regional European brokers. It is comparable to Bango as a competitor and as a potential acquirer of small, established Iberian brokerages like Bango Correduría de Seguros.
• Willis Towers Watson (WTW): WTW is a global insurance and reinsurance brokerage with operations across Spain, serving corporate and mid-market clients. It is directly comparable as a competing intermediary in the same product lines Bango distributes, with substantially deeper carrier access and specialty capabilities.
• Aon: Aon is a global professional services firm with a major insurance brokerage arm operating in Spain through Aon Iberia. It targets the same commercial and corporate insurance placement business as Bango, and its scale and analytics platform represent the strategic ceiling Bango would aspire to through growth or acquisition.

Regional players

• Grupo Catalana Occidente: Grupo Catalana Occidente is one of Spain's largest insurance groups, with a significant brokerage and credit business through subsidiaries such as Seguros Catalana Occidente and Plus Ultra Seguros. It is a regionally dominant Spanish insurance intermediary against which Bango's small Oviedo-based brokerage competes for local commercial clients.

Emerging players

• Acrisure: Acrisure is a US-headquartered, technology-enabled insurance brokerage built largely through acquisition. It represents the 'tech-forward consolidator' archetype that competes for the same clients as Bango and could acquire Bango as a platform for Spanish market entry or expansion.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/bango-correduria-de-seguros

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 Bango Correduría de Seguros S.A.