Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A.
Solunion is a Spanish-domiciled joint venture between Mapfre and Allianz Trade providing trade credit insurance and surety bonds across Spain and seven to nine Latin American markets, serving over 45,000 companies with risk assessment, debt collection, and contract guarantee products distributed through broker networks.
- Company typePrivate
- Founded2014
- HeadquartersMadrid, Spain
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. does
Solunion Seguros de Crédito is a Spanish-domiciled specialty insurance joint venture between Mapfre and Allianz Trade (formerly Euler Hermes), each holding 50% ownership, focused on trade credit insurance and surety bonds. The company was established in 2012, began Latin American operations in Mexico in 2014, and now operates across Spain and seven to nine country markets including Colombia, Chile, Argentina, Mexico, Panama (Central America), Peru, Paraguay, and El Salvador. Its core products are Seguro de Crédito (credit insurance protecting against buyer default) and Seguro de Caución (surety bonds for contractual and compliance obligations), complemented by Recobro debt collection services and commercial risk analysis offerings. Primary customers are exporting companies, mid-size multinationals with €100-300M turnover, and construction/infrastructure firms requiring performance guarantees.
The company has standardized its operations on a unified cloud-based technology platform migrated across all Latin American markets, supporting AI-assisted risk assessment tools, web-based customer portals, and Noira, an internal virtual assistant for HR and administrative processes. Underwriting leverages Allianz Trade's global risk intelligence network, which monitors 45,000+ companies in Solunion's database with 500+ analysts generating 200+ million risk decisions per day. The platform is described as enabling consistent customer experience and operational efficiency across multi-jurisdictional operations.
Solunion's revenue model is built on subscription-style recurring insurance premiums, priced annually based on risk profile, industry, portfolio size, credit limits, and claims history, with no publicly disclosed pricing tiers. Distribution is broker-led across all markets, supplemented by a direct sales force for enterprise clients, Mapfre's distribution network in select Latam markets, and country-specific websites. Financial strength is rated A+ (Strong) with Stable outlook by S&P Global and A (Excellent) by AM Best, with the Long-Term Issuer Credit Rating recently upgraded to 'a+'. The company maintains multi-channel marketing across LinkedIn, Facebook, X, YouTube, economic forums, and sports sponsorships, and is governed by a board representing both parent entities.
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. firmographics
Firmographics- Name
- Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A.
- Legal name
- Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A.
- Website
- https://solunionseguros.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Solunion is a Spanish-domiciled joint venture between Mapfre and Allianz Trade providing trade credit insurance and surety bonds across Spain and seven to nine Latin American markets, serving over 45,000 companies with risk assessment, debt collection, and contract guarantee products distributed through broker networks.
- Ownership category
- akta.pro rank
Where Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices7 records
Markets served
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Credit Insurance Premiums: Core revenue from credit insurance policies protecting businesses against customer defaults and non-payment. Premiums are calculated based on risk exposure, customer portfolio size, and coverage limits.
- Surety/Bond Insurance: Surety bonds and guarantee insurance products, including compliance bonds, contract bonds, and judicial bonds, providing coverage for contractual obligations.
- Risk Information Services: Commercial risk information and analysis services helping clients assess buyer creditworthiness and make informed decisions about extending credit.
- Debt Collection Services: Collection and recovery services for insured receivables, part of comprehensive risk management offering.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on risk assessment |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. product offering
Product offeringCore offering
Solunion is a credit and surety insurance company that provides trade credit insurance, surety bonds, debt collection, and credit risk information services to businesses operating in Spain and Latin America. Its core products protect companies against non-payment of commercial receivables and guarantee contract performance, supported by a global proprietary credit risk database accessed through the Allianz Trade partnership.
Product overview
Solunion offers an integrated portfolio of credit and surety insurance products with associated risk management services. The core offerings are Seguro de Crédito (credit insurance) and Seguro de Caución (surety bond insurance), complemented by Recobro (debt collection), information and risk analysis services. The company also provides specialized products including Mid-Size Multinationals for large multinationals, regional variants like Seguro de Cumplimiento in Colombia and Seguro de Garantía in Chile, plus internal tools like the Canal Impulso compliance platform.
Differentiator
Problem solved
Functional benefit
Brands
- Canal Impulso: Internal whistleblower channel for reporting regulatory infractions and compliance matters
- Lidersity
- Exportómetro
- Mid-Size Multinationals
Quantifiable outcome
- Companies protected against customer defaults with coverage for credit losses
- +2 more outcomes
Companies that use Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A.
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles1 record
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered minor.
- UN SDG Ambition ProgramminorParticipation in UN Global Compact's SDG Ambition accelerator program to enhance sustainable business practices.
- Biodiversity and Natural Capital PactminorAdherence to the Pact for Biodiversity and Natural Capital alongside 17 other companies in sustainability commitment.
- IEB (Instituto de Estudios Bursátiles)minorCollaboration agreement with IEB to provide employees access to formal education programs and customized training of high level. The partnership offers regulated and tailor-made training for professional development.
- Adriana CerezominorSponsorship of Olympic taekwondo medalist Adriana Cerezo supporting her journey to Paris 2024 Olympics and promoting values of effort and dedication.
- Red de Empresas Comprometidas con la Diversidad (Red+D)minorMembership in diversity and inclusion network supporting workplace diversity initiatives and signing the Diversity Index (D&I).
- Trientrenos / Alejandro SantamaríaminorPartnership with triathlete Alejandro Santamaría and his Trientrenos platform to promote employee health and wellness through sports challenges and nutrition programs.
- Aspar Team (Jorge Martínez)minorSponsorship of Aspar Team motorcycle racing team in Moto3, Moto2, and MotoE categories. Partnership renewed through 2025. Supports brand visibility and engagement through motorsport.
- Dani Caverzaschi and Martín de la PuenteminorSponsorship of Paralympic wheelchair tennis players. Both athletes are top-10 world ranked. Partnership renewed multiple times supporting inclusion and diversity messaging.
- Lucía SainzminorSponsorship of world #1 padel player Lucía Sainz to support her championship efforts and brand association with excellence and teamwork.
- ForéticaminorMembership in Forética, the leading sustainability and CSR organization in Spain, to advance ESG integration in business management and sustainability practices.
- United Nations Global CompactminorAdherence to UN Global Compact commitments on sustainability, human rights, labor standards, and environmental protection.
- Charter of DiversityminorVoluntary adherence to the Charter of Diversity promoted by Fundación Diversidad, committing to inclusive workplace practices.
Scale indicators7 records
Recent moves16 records
Expansion highlights6 records
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. competitors and assessment
Company assessmentBroad incumbents
- AIG: Global insurer with a trade credit and political risk franchise. Comparable in trade credit insurance and in serving large multinational exporters, competing with Solunion's Mid-Size Multinationals product.
- Chubb: Global property & casualty and surety insurer. Overlaps with Solunion in surety bonds (contract, commercial, judicial) and offers trade-related cover in multinational accounts.
- Liberty Mutual Trade Credit: US-headquartered insurer with a dedicated trade credit insurance arm. Competes with Solunion in cross-border credit insurance for multinational clients exporting into and out of the Americas.
- Zurich Insurance: Global multi-line insurer with significant surety and trade credit capabilities. Comparable in surety/caución lines for construction and contract bonds, and a competitor for large corporate accounts in Europe and LatAm.
- Tokio Marine HCC: Global specialty insurer with a sizable surety and trade credit franchise. Overlaps with Solunion's surety/caución and trade credit lines, particularly for mid-market and contract bond business in Europe and the Americas.
Direct peers
- Coface: French-headquartered global trade credit insurance leader. Directly competes with Solunion in credit insurance underwriting across Europe and Latin America, with overlapping broker distribution and similar buyer-risk assessment products.
- Atradius: Dutch-headquartered global trade credit insurer. Direct competitor in the same product category (trade credit insurance and surety), serving exporters and multinationals across Europe and Latin America, including via its Spanish brand Crédito y Caución.
- Credendo: Belgian-headquartered European credit insurance group. Comparable trade credit insurer focused on mid-sized exporters and sureties in Europe and select international markets, competing with Solunion for broker-distributed accounts.
- Allianz Trade (Euler Hermes): Solunion's 50% parent and the global leader in trade credit insurance. Comparable product portfolio (trade credit insurance, surety, debt collection, buyer risk analytics) and the source of Solunion's risk intelligence network; operates its own credit insurance book in markets that overlap with Solunion's footprint.
- Crédito y Caución (Atradius): Spanish credit insurance brand owned by Atradius. Head-to-head competitor with Solunion in the Spanish domestic market and across LatAm, offering the same core credit and surety products through brokers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. social profiles
Digital presenceSolunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. compliance and trust
Trust signalCompliance9 records
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. leadership team
Management profileNumber of profiles
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. 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 Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A.
What does Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. do?
Solunion is a credit and surety insurance company that provides trade credit insurance, surety bonds, debt collection, and credit risk information services to businesses operating in Spain and Latin America. Its core products protect companies against non-payment of commercial receivables and guarantee contract performance, supported by a global proprietary credit risk database accessed through the Allianz Trade partnership.
Is Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. a public or private company?
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. is a private company. It is classified as corporate owned and is currently operating.
When was Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. founded?
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. was founded in 2014. It employs 11 to 50 people.
Where is Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. based?
Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. is headquartered in Madrid, Spain, in the Europe region.
How does Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. make money?
Four revenue lines are on record. Credit Insurance Premiums are the primary driver. The others are surety/Bond Insurance, risk Information Services and debt Collection Services.
Who are Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A.'s main competitors?
Broad incumbents on record are AIG, Chubb, Liberty Mutual Trade Credit, Zurich Insurance and Tokio Marine HCC. Direct peers are Coface, Atradius, Credendo, Allianz Trade (Euler Hermes) and Crédito y Caución (Atradius).
Does Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A. have an API?
No public API is recorded for Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros S.A..