“Can a 50-year-old Brazilian carrier owned by BTG Pactual and Caixa become the underwriting engine behind embedded insurance for banks, automakers and real-estate platforms?”
Too Seguros is a 50+ year old Brazilian insurance carrier headquartered in São Paulo, jointly owned by public and private investors including BTG Pactual and Caixa Econômica Federal. It operates as a multi-line insurer (life, credit-life/prestamista, FGTS unemployment, home/rental/fiança locatícia, auto, motorcycle, card & PIX transaction protection). Its go-to-market is distribution-led through banks, automakers, banking correspondents and brokers — making it an embedded-insurance provider from the carrier side, not a direct-to-consumer insurtech.
Too Seguros's embedded insurance is provided by Too Seguros (in-house).
The Embedded Finance Index 2026 maps 2 layers in Too Seguros's stack: Lending (Seguro Prestamista (credit-life insurance covering loan/financing balance on death, disability or involuntary unemployment) and Seguro Prestamista Empresarial (business credit-life)); Insurance (Too Seguros (in-house)).
Too Seguros is founded in 1964 and headquartered in São Paulo, Brazil.
Get a read on where your own stack stands against Too Seguros and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.