About Primero Seguros
Primero Seguros is a company based in Monterrey (Mexico) founded in 2008 was acquired by Grupo SURA in April 2013.. Primero Seguros offers products and services including Seguro de Automóvil, Seguro de Casa Habitación, Seguro PYME, Seguro Empresarial, and Transporte de Mercancías. Primero Seguros operates in a competitive market with competitors including Intact Ventures and Ajijicmexicoinsurance, among others.
- Headquarter Monterrey, Mexico
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Primero Seguros S.A De C.V
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Grupo SURA
(Apr 18, 2013)
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Products & Services of Primero Seguros
Primero Seguros offers a comprehensive portfolio of products and services, including Seguro de Automóvil, Seguro de Casa Habitación, Seguro PYME, Seguro Empresarial, and Transporte de Mercancías. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Covers vehicle damages and medical expenses for drivers.
Protects homes against fire, theft, and related risks.
Provides coverage for small businesses against various perils.
Offers protection for larger companies and their assets.
Insures goods during transportation from risks like loss.
Funding Insights of Primero Seguros
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Primero Seguros
Primero Seguros has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Grupo SURA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Financial services provider
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Primero Seguros
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Primero Seguros
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Primero Seguros Comparisons
Competitors of Primero Seguros
Primero Seguros operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intact Ventures and Ajijicmexicoinsurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of property & casualty insurances
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| domain | founded_year | HQ Location |
Delivers comprehensive insurance solutions for collision, theft, and medical coverage to ensure driver safety and liability.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Primero Seguros
When was Primero Seguros founded?
Primero Seguros was founded in 2008.
Where is Primero Seguros located?
Primero Seguros is headquartered in Monterrey, Mexico. It is registered at Monterrey, Nuevo Leon, Mexico.
Who is the current CEO of Primero Seguros?
Alejandro Gonzalez-Davila is the current CEO of Primero Seguros.
What does Primero Seguros do?
Primero Seguros was established in 2008 in Monterrey, Mexico, within the insurance sector. Coverage options are extended to automobiles, taxis, motorcycles, residential properties, small and medium-sized enterprises, and larger corporations. Additional protections encompass cargo transport, contractor equipment, extended warranties, event cancellations, bicycles, and all-terrain vehicles. Services such as policy printing, consultations, online quoting, claims processing, and policy administration are facilitated.
Who are the top competitors of Primero Seguros?
Primero Seguros's top competitors include Intact Ventures and Ajijicmexicoinsurance.
What products or services does Primero Seguros offer?
Primero Seguros offers Seguro de Automóvil, Seguro de Casa Habitación, Seguro PYME, Seguro Empresarial, and Transporte de Mercancías.
Who are Primero Seguros's investors?
Primero Seguros has 1 investor. Key investors include Grupo SURA.