Multiseguros Latinos LTDA

What Multiseguros Latinos LTDA does

Multiseguros Latinos LTDA is a Colombian insurance brokerage and intermediary founded in 2005, headquartered in Bogotá with regional offices in Medellín and Cali. The firm specializes in placing commercial insurance for heavy machinery (excavators, cranes, bulldozers, backhoes) and heavy/light vehicles (trucks, tractor-trailers, cargo vehicles), priced at commercial asset value — a coverage category the company pioneered in Colombia. Its broader portfolio extends to engineering, all-risk damage, equipment breakdown, transport cargo, workers' compensation, general liability, performance bonds, fire and earthquake, D&O, fidelity, life, and health insurance, organized around four vertical service lines: Construction, Transportation, Energy, and Commerce/Industry.

The firm generates revenue through brokerage commissions earned on policies placed with a network of more than 15 underwriting carriers, including Allianz, AXA Colpatria, Chubb, Zurich, Sura, MAPFRE, HDI, and others. Distribution is sales-led and field-based across three Colombian offices, supplemented by an online Cotizador (quote request form) for heavy machinery and vehicles. The go-to-market leverages commercial agreements with major industry guilds — the Cámara Colombiana de la Infraestructura (CCI), Asociación Colombiana de Camioneros (ACC), and Cámara Chilena de la Construcción (CChC) — for referral flow into construction and transport member companies.

Internationally, the company markets coverage capability across Colombia, Panama, and Chile. Operations are privately held with no external funding, no parent company, and no disclosed revenue. Management consists of executives with over 30 years of experience in enterprise insurance program management, and the firm is not technology-led: its underlying platform is a traditional brokerage advisory model with a basic digital quote intake form and no disclosed AI, API, or integration ecosystem.

Name

Multiseguros Latinos LTDA

Legal name

Multiseguros Latinos LTDA

Website

https://multiseguroslatinos.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Multiseguros Latinos LTDA is a Colombian insurance brokerage founded in 2005 that intermediates specialized commercial policies — particularly heavy machinery and heavy vehicle insurance at commercial value — for construction, transportation, energy, and industrial clients across Colombia, Panama, and Chile, earning commissions from a network of 15+ carrier partners.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industries

Light Manufacturing / Small Industrial Package (FSAJAFAJ), Commercial Package / Business Owners Policies (BOP) (FSAJAMAG)

Keywords

• Commercial insurance brokerage
• Heavy machinery insurance
• Construction insurance
• Transport insurance
• Vehicle fleet insurance

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: The company acts as an insurance intermediary, earning commissions from insurance companies for placing policies. Revenue is derived from brokerage fees on specialized insurance products for machinery, vehicles, construction, and other commercial sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Multiseguros Latinos LTDA is a Colombian insurance brokerage that intermediates specialized commercial insurance policies, primarily for heavy machinery and heavy/light vehicles at commercial value, alongside sector-tailored programs for construction, transportation, energy, and commerce/industry. The company places coverage backed by a network of major insurers and also offers engineering, all-risk, liability, workers' compensation, life, health, D&O, and financial risk policies. Customers can request quotes through the online Cotizador system or via direct sales from three Colombian offices.

Product overview

Multiseguros Latinos LTDA is a specialized insurance intermediary offering a comprehensive portfolio of insurance products and an online quote service (Cotizador Online). The core offerings center on specialized insurance for heavy machinery (Seguro de Maquinaria Pesada) and vehicles (Seguro de Vehículos Pesados/Livianos), which the company pioneered as unique policies in Colombia. The broader portfolio includes sector-specific insurance programs for Construction, Transport, and Energy sectors, plus a full range of commercial and personal insurance products including Engineering, All-Risk, Transport, Workers' Compensation, General Liability, Fire/Earthquake, Life, Health, Directors & Officers, and Financial Risks insurance. The Cotizador Online serves as the digital self-service platform for quote requests.

Differentiator

Problem solved

Functional benefit

Products and services

• Seguro de Maquinaria Pesada (Heavy Machinery Insurance) Specialized insurance coverage for heavy machinery including excavators, cranes, bulldozers, and backhoes, covering equipment at commercial value. Designed for construction and infrastructure operators.
• Seguro de Vehículos Pesados/Livianos (Heavy and Light Vehicle Insurance) Insurance for heavy and light vehicles including automobiles, trucks, tractor-trailers, vans, buses, and cargo transport vehicles. Targeted at commercial fleet operators and individual vehicle owners.
• Seguros para Construcción (Construction Insurance Program) Complete insurance solution for construction projects including machinery, vehicles, civil liability, and occupational risks. For construction companies and infrastructure project owners.
• Seguros para Transporte (Transport Insurance Program) Insurance for transport companies, cargo vehicles, and merchandise. Provides combined coverage for transport operators and freight forwarders.
• Seguros para Energía (Energy Sector Insurance) Specialized coverage for the energy sector, including renewable and traditional energy companies facing sector-specific risks and equipment exposure.
• Seguros para Comercio, Industria y Otros (Commerce, Industry and Other Insurance) Comprehensive insurance programs including property damage, patrimonial, and life insurance for commercial and industrial enterprises.
• Seguros de Ingeniería (Engineering Insurance) Engineering insurance covering construction and installation projects. For construction firms and project owners.
• Seguros de Todo Riesgo Daños (All-Risk Damage Insurance) All-risk damage insurance providing comprehensive coverage for property and assets. For commercial enterprises.
• Seguros de Todo Equipo y Maquinaria (All Equipment and Machinery Insurance) Equipment and machinery insurance covering various types of industrial equipment. For industrial operators.
• Corriente Débil y Rotura de Maquinaria (Electronic Equipment and Machinery Breakdown Insurance) Electronic equipment and machinery breakdown insurance. For businesses relying on electronic and mechanical equipment.
• Seguros de Transportes (Transport Insurance) Transport insurance covering cargo and merchandise during transit. For shippers, carriers, and consignees.
• Seguros Riesgos Laborales (Workers' Compensation and Occupational Risk Insurance) Workers' compensation and occupational risk insurance. For employers required to cover workplace injury and occupational risks.
• Responsabilidad Civil General (General Liability Insurance) General liability insurance for businesses facing third-party bodily injury and property damage claims.
• Pólizas de Cumplimiento y Responsabilidad Civil Extracontractual (Performance Bonds and Third-Party Liability Policies) Performance bonds and third-party liability insurance policies typically required by contracts and public tenders.
• Seguros de Incendio y Terremoto (Fire and Earthquake Insurance) Fire and earthquake insurance for property protection. For property owners and businesses exposed to these perils.
• Seguros de Vida (Life Insurance) Life insurance coverage for individuals and businesses.
• Seguros de Salud (Health Insurance) Health insurance coverage for individuals and businesses.
• Directores y Administradores (Directors and Officers Liability Insurance) Directors and Officers (D&O) liability insurance protecting corporate executives and board members.
• Infidelidad y Riesgos Financieros (Fidelity and Financial Risk Insurance) Fidelity and financial risk insurance covering losses from employee dishonesty, theft, and related financial exposures.
• Cotizador Online (Online Insurance Quote Tool) Online quote tool enabling customers to request insurance quotes for heavy machinery and vehicles with an automated form submission system. Computes total commercial value and annual premium.

Quantifiable outcome

• First insurance intermediary to offer heavy machinery coverage at commercial value in Colombia

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Cámara Colombiana de la Infraestructura (CCI)coreGTM or Marketing PartnerCommercial agreement with the Colombian Chamber of Infrastructure for construction insurance solutions. Multiseguros Latinos is an affiliated member displaying the CCI logo on their website.
• Asociación Colombiana de Camioneros (ACC)coreGTM or Marketing PartnerCommercial agreement with the Colombian Truckers Association for transportation insurance solutions. Multiseguros Latinos is an affiliated member displaying the ACC logo.
• Cámara Chilena de la Construcción (CChC)minorStrategic or Co-development PartnerStrategic alliance with the Chilean Chamber of Construction for insurance coverage development in Chile, along with other regional industry guilds.
• Insurance Company NetworkcoreChannel Partner/ Reseller/ DistributorPartnership with multiple major insurance companies including ALLIANZ, AXA COLPATRIA, BBVA, BOLÍVAR, CHUBB, EQUIDAD, HDI, PREVISORA, SBS, SEGUROS MUNDIAL, SEGUROS DEL ESTADO, SOLIDARIA, ZURICH, SURA, and MAPFRE. These insurers provide the backing for policies issued through Multiseguros Latinos.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Previsora Seguros: Colombian insurance carrier with a broad commercial portfolio — both a Multiseguros carrier partner and a broader competitor offering package policies, auto, and engineering coverage across Colombia.
• Lockton: Largest independent global insurance brokerage with Latin American presence — competes in commercial specialty lines including construction and energy, though with broader portfolio rather than Multiseguros' machinery-specific niche.
• AXA Colpatria: One of Colombia's largest insurers, also offering brokerage services — both a key carrier partner for Multiseguros and a competitor in commercial package, auto, and engineering insurance for Colombian enterprises.
• Howden Broking Group: Global specialty insurance broker with growing Latin American footprint — competes for complex commercial and specialty risks including construction and heavy equipment, though more diversified than Multiseguros' machinery focus.
• Seguros SURA: Major LatAm insurance carrier with Colombian operations offering commercial, auto, life, and specialty products — a current Multiseguros carrier partner that also competes for end-customer relationships in the same verticals.

Direct peers

• Willis Towers Watson (WTW) Colombia: Global insurance and risk advisory firm operating in Colombia, with placement capability across commercial lines including construction, transport, and energy — competing head-to-head for the same enterprise specialty insurance business.
• SBS Seguros Colombia: Colombian insurance carrier and brokerage serving construction, transport, and commercial clients — directly comparable Colombian market participant competing for similar mid-market commercial accounts.
• Aon Colombia: Global insurance brokerage and risk advisory firm with operations in Colombia serving commercial clients across construction, transport, and energy — directly competing for the same enterprise insurance programs that Multiseguros places through its carrier panel.
• Seguros del Estado: Major Colombian insurance carrier and broker with significant share in commercial, transport, and construction lines — competes directly as both an underwriter of risks Multiseguros places and as a distribution channel for clients in the same verticals.
• Marsh Colombia: Global insurance broker with Colombian operations offering commercial package, construction, and specialty insurance placements to mid-market and enterprise clients — a direct competitor for the same construction, transport, and energy accounts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/multiseguros-latinos-ltda

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 Multiseguros Latinos LTDA