Porto Seguro signed an agreement to acquire 74.67% of Segfy Tecnologia through its investment fund Porto Ventures (FIP), the company said in a market filing.
Segfy provides technological solutions for insurance brokers and brokerage firms. Its main product is a management and multi-calculation platform for automatic calculation of insurance as well as financial and operational control for brokers, Porto Seguro said.
Porto’s FIP is the vehicle for Porto’s VC investments in segments where it already operates or which it aims to enter by acquiring stakes in companies that are still in the consolidation or expansion phases, the insurer added.
***
Zurich expanded the services it offers via its Risk Advisor app with the creation of a cyber risks module.
The Self Risk Assessment tool enables deep identification of risks in physical and software assets, and protection controls around organizational resources, cybersecurity detection systems, processes and procedures for planning responses and data recovery, among other features, Zurich said.
The launch comes as cybercrime has increased in Brazil due to the greater adoption of digital tools and remote working. Zurich also…
