Medicorasse

What Medicorasse does

Medicorasse Correduría de Seguros del CMB S.A.U. is a Spain-based insurance brokerage founded in 1992 and headquartered in Barcelona. The company operates as a wholly-owned subsidiary of Grup Med, itself created by the Colegio de Médicos de Barcelona (Barcelona Medical Association), giving it an institutional anchor in the medical professional community. Medicorasse distributes insurance products across three customer segments: (1) medical professionals, where it offers specialized coverages such as professional liability, MEL (alternative to RETA for self-employed doctors), medical guard income protection, retirement, orphan coverage, and the Mutualista Jove package for MIR doctors; (2) individuals and families, including health, vehicle, home, life, accident, travel, pet, and legal protection insurance; and (3) businesses and professionals, covering general and D&O liability, material damage, disability, cyber risks, fleet, credit, and surety. The company works with more than 68 insurance carriers including Allianz, AXA, Mapfre, Generali, Zurich, and FIATC, and earns commissions embedded in premiums.

Its distribution is omnichannel: eight physical offices across Spain (Barcelona, Sant Cugat del Vallès, Girona, Lleida, Tarragona, Madrid, Palma de Mallorca, Valencia), telephone-based inside sales, a web platform (Online Customer Portal / Oficina Virtual), and a mobile app on iOS and Android supporting policy management, claims declaration, appointment booking, document signing, and access to assistance hotlines. The company also operates value-added services including a free annual insurance review and comprehensive claims management. The company has 158 professionals on staff and reports a 9.5/10 customer satisfaction rating. It owns several subsidiary brokerages—Arabrok (Zaragoza), ANG (Madrid), ABR (Balearics), Grup SantaSusana, and jointly-controlled MutualMed (with Mutual Médica)—and joined the Cojebro broker network as its 57th partner in November 2024. Medicorasse is registered with Spain's DGSFP (key J0928) under RDL 3/2020 and complies with SEPBLAC anti-money laundering requirements.

Name

Medicorasse

Legal name

MEDICORASSE CORREDURÍA DE SEGUROS DEL CMB S.A.U.

Website

https://medicorasse.med.es

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Medicorasse is a Spain-based insurance brokerage, founded in 1992 and owned by Grup Med (Colegio de Médicos de Barcelona), distributing specialized insurance products for medical professionals, individuals, and businesses through 8 offices, a digital platform, and a mobile app.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Healthcare Professional Liability (Med Mal) (FSAJAGAE)

Keywords

• Insurance brokerage services
• Professional liability insurance
• Medical professional insurance
• Business insurance coverage
• Personal insurance advisory

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission: Medicorasse operates as an insurance broker earning commissions from insurance companies. The commission is included in the insurance premium and paid by the insurance company to the broker. This is their primary revenue stream as stated in their transparency policy.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Medicorasse is an insurance brokerage that intermediates insurance contracts between customers and more than 68 insurance companies, specializing in products for medical professionals (professional liability, MEL, medical guards, retirement, orphanhood, Mutualista Jove) while also distributing personal lines (health, vehicle, home, life, accidents, travel, pets) and business lines (liability, D&O, cyber risks, material damage, fleet, credit, surety) to individuals and companies. The company is the insurance distribution arm of Grup Med and was founded by the Colegio de Médicos de Barcelona, distributing Mutual Médica mutual products for physicians.

Product overview

Medicorasse is an insurance brokerage (correduria de seguros) specializing in insurance solutions and prevention for the medical community, individuals, and businesses. The company operates as a multi-product platform offering specialized insurance products across three main segments: (1) Medical professionals - including professional liability, medical equipment, MEL (free practice alternative to RETA), medical guards, retirement, orphan coverage, and Mutualista Jove for MIR doctors; (2) Individuals - covering health, vehicles, home, life, accidents, death, dependence, recreational boats, travel assistance, legal protection, and pets; (3) Businesses - including liability (general and D&O), material damage, disability, cyber risks, industrial vehicles, legal assistance, goods transport, machinery breakdown, credit, and surety insurance. The company provides digital services through its mobile app (iOS/Android), web portal, online quote and contracting capabilities, and offers value-added services including free annual insurance reviews and comprehensive claims management. Medicorasse works with over 68 insurance providers including major carriers such as Allianz, AXA, Mapfre, Zurich, and Generali.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Liability Insurance for Doctors (Responsabilitat Civil Professional)

Quantifiable outcome

• 500% increase in claims handled during pandemic year
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• CojebrocoreChannel Partner/ Reseller/ Distributor · 12 November 2020Cojebro is an insurance broker network that incorporated Medicorasse as a new partner. With this incorporation, Cojebro reached 57 partners. This partnership gives Medicorasse access to a broader network of insurance brokers.
• FEDS (Fundación Española Deporte Seguro)minorStrategic or Co-development Partner · 1 January 2020FEDS signed a collaboration agreement with Medicorasse for the promotion of safe sport practice with values, sports prescriptions, and inclusive sport.
• Mutual MédicacoreChannel Partner/ Reseller/ DistributorMutual Médica is an insurance company specifically for doctors. Medicorasse offers Mutual Médica products including MEL, medical guards, retirement, and orphanhood insurance. They jointly created MutualMed digital brokerage for the medical collective.
• ArabrokminorChannel Partner/ Reseller/ DistributorArabrok is a brokerage owned by Medicorasse offering integral service to members of COMZ (Colegio Oficial de Médicos de Zaragoza).
• ANG (Asesores Nationwide Generales)minorChannel Partner/ Reseller/ DistributorANG is a brokerage owned by Medicorasse serving clients in the Community of Madrid, following the mission and values of Medicorasse.
• ABR (Assegurances Balears Rap书的)minorChannel Partner/ Reseller/ DistributorABR is a brokerage specializing in personal and asset protection insurance for professionals and businesses in the Balearic Islands.
• Grup SantaSusanaminorChannel Partner/ Reseller/ DistributorFounded in 1926, Grup SantaSusana Corredors d'Assegurances is a brokerage specialized in professional insurance for small, medium, and large companies, with insurance solutions for individuals.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• SegurCaixa Adeslas: One of Spain's largest health and medical insurance companies, offering direct health and professional liability products. A broad incumbent competing with Medicorasse's placement in the same physician and individual segments.
• Aon Spain: Global insurance brokerage operating in Spain, serving corporate and commercial clients across all major lines. Competes with Medicorasse's business and professional segment and dwarfs its scale.
• Mapfre: Spain's largest insurance group offering the full spectrum of life, health, auto, home, and commercial lines. Both a key carrier partner of Medicorasse and a competitor via direct distribution.
• Willis Towers Watson Spain: Global advisory and brokerage firm with Spanish operations serving corporate and mid-market clients. Comparable to Medicorasse's business/professional segment on commercial insurance placement and risk advisory.
• Sanitas: Major Spanish health insurer (part of Bupa) offering health, life, and accident products to individuals and groups. Competes with Medicorasse on health and personal lines through both direct and intermediated channels.

Direct peers

• AMA (Agrupación Mutual Aseguradora): Spanish mutual insurance company providing professional liability and other coverages for medical and healthcare professionals. Competes head-to-head with Medicorasse in physician insurance products across Spain.
• PSN (Previsión Sanitaria Nacional): Spanish mutual insurer specialized in products for healthcare professionals, including physicians. Direct competitor to Medicorasse in the medical professional insurance niche, with overlapping offerings in retirement, life, and professional liability cover.
• Uniteco Profesional: Spanish broker/mutual specialized in professional liability insurance for medical and healthcare professionals. Highly comparable to Medicorasse's core physician liability and medical malpractice offerings.
• Mutual Médica: Insurance mutual serving Spanish doctors with products for professional liability, retirement, and medical guards. Co-creates MutualMed digital brokerage with Medicorasse, evidencing direct product overlap.

Emerging players

• Livetopic: Spanish insurtech offering digital social security and insurance advisory solutions; Medicorasse invested in Livetopic's capital in 2020. Represents the digitally-native emerging distribution model that could disrupt traditional brokerage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/medicorasse
• Instagraminstagram.com/medicorasse

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

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 Medicorasse