Proassislife
Proassislife is a Quito-based prepaid health insurance company offering tiered individual, corporate, and mass-market plans (Life 5–30) through a 20+ provider network across Ecuador, distributing via brokers and its Proassisapp portal.
- Company typePrivate
- Founded-
- HeadquartersQuito, Ecuador
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Proassislife does
Proassislife S.A. is a privately held Ecuadorian prepaid medicine and health insurance company headquartered in Quito, Ecuador, founded in 2018. The company offers tiered prepaid health plans (Plan Life 5, 10, 15, and 30) providing annual disability coverage ranging from $5,000 to $30,000 per member, with deductibles between $100 and $200. Coverage includes ambulatory consultations, hospitalizations, emergency services, ambulance transport (up to USD 100), and prescription medications, with 90% in-network and 70% out-of-network coverage ratios.
The company operates three product lines: Medicina Prepagada Individual (its core segment), Medicina Prepagada Corporativa (for employer-sponsored benefits), and Medicina Prepagada Masiva (for communities and organized groups). Underpinning the product is a network of 20+ healthcare provider partners across Ecuador, including major hospitals such as Hospital del Río, Hospital Vozandes, and Grupo Hospitalario Kennedy, along with pharmacy partnerships with Fybeca and Sana Sana for medication fulfillment.
Proassislife generates revenue through recurring annual subscription premiums across its three segments. Its go-to-market is hybrid: a broker/agent network supported by the Proassisapp online quotation and document portal, supplemented by direct digital channels (Instagram, LinkedIn, Facebook) and a corporate sales motion. The company is incorporated as a Sociedad Anónima (S.A.) in Ecuador, with 62 employees, and has no disclosed external funding, parent company, or subsidiary structure. The platform technology is operational (broker portal, document management for hospital credit and reimbursements) but no AI, API, or advanced technology stack is documented.
Proassislife firmographics
Firmographics- Name
- Proassislife
- Legal name
- PROASSISLIFE S.A.
- Website
- https://proassislife.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Proassislife is a Quito-based prepaid health insurance company offering tiered individual, corporate, and mass-market plans (Life 5–30) through a 20+ provider network across Ecuador, distributing via brokers and its Proassisapp portal.
- Ownership category
- akta.pro rank
Proassislife industry classification
Industry- Product category
- Prepaid Health Insurance
- NAICS
- Direct Health and Medical Insurance Carriers (524114)
- SIC
- Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Off-Exchange Individual Major Medical Plans (FSAIAEAB)
Keywords
Where Proassislife is headquartered
LocationHeadquarters
- HQ city
- Quito
- HQ country
- Ecuador
- HQ region
- Latin America
Offices1 record
Markets served
Proassislife business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Prepaid Medicine Premiums: Subscription-based recurring premiums from prepaid medicine plans (Individual, Corporate, and Mass plans) that provide coverage for medical consultations, hospitalizations, emergencies, and prescriptions through a network of healthcare providers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Plan Life 15: $15,000 coverage with $150 annual deductible |
| Subscription | Annual | Plan Life 10: $10,000 coverage with $120 deductible |
| Subscription | Annual | Plan Life 30: $30,000 coverage with $200 deductible |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Proassislife product offering
Product offeringCore offering
Proassislife sells prepaid medicine (medicina prepagada) and health insurance plans to individuals, families, corporate clients, and groups in Ecuador via tiered Life plans (Life 5, 10, 15, 30) with annual coverage ranging from $5,000 to $30,000 and deductibles from $100 to $200. Plans provide access to ambulatory, hospital, emergency, ambulance, and prescription services through a network of 20+ partner hospitals, clinics, and pharmacies, with 90% in-network and 70% out-of-network reimbursement and 24/7 emergency support.
Product overview
Proassislife is a prepaid healthcare (medicina prepagada) and insurance company based in Ecuador offering a portfolio of health coverage solutions. The core offering consists of three main plan categories: Individual plans (Medicina Prepagada Individual) with tiered Life plans (Plan Life 5, 10, 15, and 30) providing varying levels of coverage from $5,000 to $30,000 annual disability coverage; Corporate plans (Medicina Prepagada Corporativa) for business clients; and Mass plans (Medicina Prepagada Masiva) for communities and groups. Supporting services include hospital credit authorization (Solicitud de Crédito Hospitalario) for scheduled surgeries and reimbursement processing (Reembolsos). The company operates through a network of healthcare providers (Red de Prestadores) and partners with pharmacies Fybeca and Sana Sana for medication fulfillment.
Differentiator
Problem solved
Functional benefit
Products and services
- Medicina Prepagada Individual (Plan Life) Individual prepaid healthcare plans for individuals and families in Ecuador, offering medical coverage with multiple tiers (Life 5, 10, 15, 30) ranging from $5,000 to $30,000 annual coverage. Covers ambulatory, hospital, emergency, ambulance, and prescription services through a network of partner providers.
- Medicina Prepagada Corporativa Prepaid healthcare plans designed for businesses and employees, providing group health coverage solutions for corporate clients in Ecuador.
- Medicina Prepagada Masiva Affordable prepaid healthcare coverage designed for communities, associations, and large groups, providing accessible medical coverage for mass markets in Ecuador.
- Plan Life 5 Entry-level prepaid healthcare plan offering $5,000 annual coverage with $100 deductible per person, covering ambulatory and hospital services through the Proassislife provider network.
- Plan Life 10 Mid-tier prepaid healthcare plan offering $10,000 annual coverage with $120 deductible per person, covering medical consultations, medications, exams, and hospital services at 90% within network.
- Plan Life 15 Comprehensive prepaid healthcare plan offering $15,000 annual disability coverage with $150 deductible per person, including emergency and pre-existing condition coverage up to 20 SBU. Covers ambulatory, hospital, emergency, and ambulance services up to USD 100.
- Plan Life 30 Premium prepaid healthcare plan offering $30,000 annual disability coverage with $200 deductible per person, providing the highest coverage and lowest out-of-pocket costs among the Life plan tiers with comprehensive ambulatory and hospital coverage.
- Solicitud de Crédito Hospitalario Service for requesting hospital credit authorization for scheduled surgeries, requiring submission of diagnosis, physician signature, and supporting medical documents from Proassislife plan members.
- Reembolsos Reimbursement service for medical expenses covered under the prepaid healthcare plan, requiring completed forms, original invoices, and medical prescriptions from policyholders using out-of-network providers.
Quantifiable outcome
- 90% coverage within provider network, 70% coverage outside network
- +1 more outcomes
Companies that use Proassislife
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Proassislife technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Proassislife partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core.
- Hospital del RíocorePartner hospital within Proassislife's provider network offering inpatient, outpatient, and emergency services to plan members.
- Hospital VozandescorePartner hospital providing healthcare services to Proassislife members through the network.
- Clínica de la MujercoreSpecialized partner clinic within the provider network serving female patients and maternity services.
- Omni HospitalcoreNetwork hospital providing comprehensive medical services to Proassislife members.
- NovaclinicacorePartner clinic offering outpatient and diagnostic services to plan members.
- XXIS HospitalcoreNetwork hospital providing medical services through Proassislife coverage.
- Hospital AlcívarcorePartner hospital within the Proassislife healthcare network.
- MedilinkcoreHealthcare provider partner offering medical services to Proassislife members.
- MetroredcorePartner healthcare provider within the Proassislife network.
- MediglobalcoreHealthcare provider network member serving Proassislife policyholders.
- Hospital Padre CarollocorePartner hospital within the Proassislife provider network.
- Grupo Hospitalario KennedycoreHospital group partner offering comprehensive medical services to plan members.
- Fybeca and Sana Sana PharmaciescorePartner pharmacies where members can fill prescriptions with coverage. Medications covered at 70% within network and 60% outside network.
- VeriscoreHealthcare provider partner within the Proassislife network.
Scale indicators1 record
Recent moves6 records
Expansion highlights4 records
Proassislife competitors and assessment
Company assessmentDirect peers
- Saludsa: One of Ecuador's largest prepaid medicine and health insurance operators, offering individual, family, and corporate plans through a broad provider network. Directly comparable to Proassislife in product, customer segment, and geography.
- Equivida: Ecuadorian health insurance and prepaid medicine operator focused on individuals and corporate clients. Directly comparable on product mix and Ecuadorian distribution model.
- AIG / Metropolitana (Ecuador): Ecuadorian health and life insurance carrier offering group and individual health plans through a provider network. Competes with Proassislife in corporate and individual segments in Ecuador.
- Bupa Ecuador: Bupa's Ecuadorian operation offers international and local health insurance and prepaid medicine plans. Comparable as a direct competitor in the Ecuadorian individual and corporate health plan market.
- Humana Ecuador: Ecuadorian prepaid medicine and health plan provider serving individuals, families, and corporates with tiered plans and a hospital/clinic network. Competes head-to-head with Proassislife in the same Ecuadorian market.
Regional players
- Sura (Seguros SURA): Pan-Latin American insurance and prepaid medicine group with operations across multiple countries. Comparable on prepaid health and corporate benefits model, with a broader regional footprint than Proassislife.
- Omint: Argentina/Brazil-focused prepaid medicine operator offering individual, family, and corporate plans. Comparable on tiered prepaid health plans and provider-network model; does not serve Ecuador.
- Colsanitas: Colombian prepaid medicine operator with individual, family, and corporate plans. Comparable as a regional peer in the prepaid-medicine category but does not directly compete in Ecuador.
- MedPlus Medicina Prepagada: Colombian prepaid medicine provider serving individuals, families, and corporates with a hospital/clinic network. Comparable on product and operating model, though geographically focused on Colombia.
Broad incumbents
- Zurich Seguros Ecuador: Multinational insurer with Ecuadorian health and life insurance offerings, including group and individual plans. Comparable as a broader insurance incumbent with overlapping product lines but a much wider portfolio than Proassislife.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Proassislife social profiles
Digital presenceProassislife financial estimates
Financial estimateRevenue estimate
Valuation estimate
Proassislife leadership team
Management profileNumber of profiles
Proassislife funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Proassislife M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Proassislife
What does Proassislife do?
Proassislife sells prepaid medicine (medicina prepagada) and health insurance plans to individuals, families, corporate clients, and groups in Ecuador via tiered Life plans (Life 5, 10, 15, 30) with annual coverage ranging from $5,000 to $30,000 and deductibles from $100 to $200. Plans provide access to ambulatory, hospital, emergency, ambulance, and prescription services through a network of 20+ partner hospitals, clinics, and pharmacies, with 90% in-network and 70% out-of-network reimbursement and 24/7 emergency support.
Is Proassislife a public or private company?
Proassislife is a private company. It is classified as unknown and is currently operating.
When was Proassislife founded?
Proassislife was founded in -1. It employs 51 to 100 people.
Where is Proassislife based?
Proassislife is headquartered in Quito, Ecuador, in the Latin America region.
How does Proassislife make money?
One revenue line is on record: prepaid Medicine Premiums.
Who are Proassislife's main competitors?
Direct peers on record are Saludsa, Equivida, AIG / Metropolitana (Ecuador), Bupa Ecuador and Humana Ecuador. Regional players are Sura (Seguros SURA), Omint, Colsanitas and MedPlus Medicina Prepagada. Zurich Seguros Ecuador is listed as a broad incumbent.
Does Proassislife have an API?
No public API is recorded for Proassislife.
What industry is Proassislife in?
Proassislife's product category is Prepaid Health Insurance. Its primary akta.pro industry code is FSAIAEAB, Off-Exchange Individual Major Medical Plans. Its NAICS code is 524114 and its SIC code is 6324.