Azos
“Can a technology-first insurance broker eliminate the bureaucracy of Brazilian life insurance and become the dominant digital distribution layer for protection products?”
Founded in 2020, Azos launched as a Brazilian insurtech targeting the underserved life insurance market, removing friction points such as mandatory medical exams and restrictive profession-based underwriting. The company operates as a technology broker (corretora) that distributes policies underwritten by Excelsior Seguros and reinsured by Swiss Re, rather than holding its own insurance license. It expanded distribution through a network of 10,000+ independent brokers (corretores) and a direct-to-consumer digital channel, positioning itself as the tech layer connecting consumers to incumbent insurance capacity.