Grupo Asegurador La Segunda

What Grupo Asegurador La Segunda does

Grupo Asegurador La Segunda is an Argentine cooperative-based insurance organization founded in 1930 and operating under the trade name La Segunda Seguros. The company underwrites and distributes multi-line insurance products—including life, health, auto, property, and workers' compensation (Riesgos del Trabajo) coverage—for individual policyholders and corporate clients across Argentina, generating revenue through recurring insurance premiums on a customized risk-based pricing model. Its distribution and policyholder-service operations are anchored by the NetVos mobile application (available on Google Play and Apple App Store) for self-service policy management, complemented by a corporate careers portal integrated with SAP SuccessFactors for talent acquisition. The cooperative differentiates through long-tenured brand equity (90+ years), regulatory standing under the Superintendencia de Seguros de la Nacion (SSN) and Superintendencia de Riesgos del Trabajo (SRT), and an explicit commitment to sustainability via adherence to the UN Global Compact and UN Women, with a parallel employee-benefits ecosystem that includes WellHub wellness access, CoderHouse learning content, language classes, and discounts on insurance and telecommunications.

Name

Grupo Asegurador La Segunda

Legal name

Grupo Asegurador La Segunda

Website

https://empleos.lasegunda.com.ar

Company type

Private

Founded year

1930

Operating status

Operating

Headcount range

101–250 employees

Short description

Grupo Asegurador La Segunda is an Argentine cooperative insurer founded in 1930 offering life, health, auto, property, and workers' compensation coverage to individuals and businesses in Argentina, supported by its NetVos mobile application for policyholder self-service.

Ownership category

akta.pro rank

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance premiums: La Segunda generates revenue through insurance premiums collected from policyholders across multiple insurance categories including property, casualty, workers compensation (Riesgos del Trabajo), and other risk coverage.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Grupo Asegurador La Segunda is an Argentine cooperative-based insurance organization that sells and manages insurance policies spanning life, health, auto, property, casualty, and workplace risk (Riesgos del Trabajo) coverage for individuals and businesses. Its offerings are supported by the NetVos mobile application, which enables policyholders to manage policies, view coverage, and file claims directly from iOS and Android devices. The cooperative distributes its products through digital channels, including app stores and a careers portal integrated with SAP SuccessFactors.

Product overview

Grupo Asegurador La Segunda operates as a cooperative-based insurance organization offering a unified insurance management platform. The core offering consists of La Segunda Seguros (insurance products spanning life, health, auto, property, and workplace risk coverage) supported by the NetVos mobile application for policyholder self-service. The product portfolio is complemented by employee benefits administration including wellness programs, educational partnerships, and discounts on insurance and telecommunications services.

Differentiator

Problem solved

Functional benefit

Brands

• NetVos App: Mobile application provided by La Segunda for insurance services

Products and services

• La Segunda Seguros Cooperative-based insurance management services covering life, health, auto, property, casualty, and workers compensation (Riesgos del Trabajo) policies for individuals and businesses in Argentina.
• NetVos App

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Swiss Medical Seguros: Major Argentine health and broader-lines insurer, particularly strong in health coverage and integrated plans — competes with La Segunda on individual and group health as well as ancillary benefits.
• Mapfre Argentina: Subsidiary of global insurer Mapfre operating broadly across P&C, life, and ART in Argentina — larger incumbent serving overlapping customer segments with a wider portfolio.
• Zurich Argentina: Local affiliate of Zurich Insurance Group providing personal and commercial P&C, life, and SME coverage in Argentina — large incumbent competitor with similar lines.
• Galeno Seguros: Large Argentine insurer offering life, health, auto, and home products with a national agency network — overlapping multi-line retail proposition targeting Argentine households.

Direct peers

• La Caja Seguros: Long-standing Argentine insurance company offering life, retirement, and property-casualty products nationally — similar 20th-century heritage, multi-line breadth, and Argentina-only footprint.
• Río Uruguay Seguros: Argentine mutual insurer with multi-line personal and commercial coverage, including auto and ART, competing for the same regional Argentine policyholder base.
• Sancor Seguros: Argentine cooperative-based insurance group offering life, property, auto, and workers' comp (ART) coverage across Argentina — directly analogous multi-line cooperative model targeting the same customer segments as La Segunda.
• Federación Patronal Seguros: Argentine mutual/cooperative-style insurer covering auto, home, and commercial lines for individuals and SMEs — closely comparable in cooperative structure, multi-line offering, and Argentine market focus.

Regional players

• Boston Seguros: Argentine P&C insurer focused on personal auto and home lines, serving overlapping individual and SME customer profiles within the same domestic geography.
• HSBC Seguros Argentina: Local insurance arm of HSBC Argentina distributing life and P&C products through the bank's captive channel — comparable life/health product set served via a distinct distribution channel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/grupo-asegurador-la-segunda

Compliance1 record

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 Grupo Asegurador La Segunda