Too Seguros
“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?”
Founded1964
HQSão Paulo, Brazil
IndustryFintech / Insurtech
The story
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.
Last 12 months
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Product timeline
0
Ownership structure established as a partnership between public and private investors, including BTG Pactual and Caixa Econômica Federal.· ownership
0
Became a pioneer insurer to integrate with SUSEP's SRO (Sistema de Registro de Operações) for policy, claims and endorsement registration.· regulatory
1964
Founded as a Brazilian insurance carrier, later becoming Too Seguros.· founding
Regulated entities
1
regulatory licence held by Too Seguros
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Too Seguros’s embedded-finance stack
Lending
Seguro Prestamista (credit-life insurance covering loan/financing balance on death, disability or involuntary unemployment)Seguro Prestamista Empresarial (business credit-life)
Insurance
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.