Aseguratec

Online insurance comparison and purchase portal for consumers in Puerto Rico.

Distribution & Sales Growth Seed

Overview

Aseguratec is a digital insurance brokerage serving individual consumers in Puerto Rico and Puerto Rican communities in the mainland United States. The company operates an online portal where consumers complete a short form, receive quotes from multiple carriers, and purchase and manage a policy online or by phone, a model comparable to travel-comparison sites applied to insurance.

Aseguratec places auto and cancer insurance as flagship product lines and is licensed as an Authorized Representative of the Insurance Commissioner of Puerto Rico (License OCS 100110388) to place life, disability, property/contingency, and health coverage. Beyond its direct-to-consumer portal, the company licenses its comparison and purchase technology to independent agents and brokers, letting them cross-sell additional lines into their existing client books.

Jose L. Fernandez Romeu and Robert Calvelsbert founded Aseguratec in San Juan in 2015, building the business around proprietary technology, digital marketing, and insurance sales. The company received grant funding from Puerto Rico-based accelerator Parallel18 in 2016 and has since grown to a team of more than 30 people, per third-party sources.

Products & Services

Auto Insurance Comparison & Purchase

Consumers compare and buy auto insurance from multiple carrier partners through an online quote-compare-buy flow.

Key Features

Multi-carrier online quoting
Online purchase and self-service policy management
Phone-based purchase option

Target Users: Consumers

Cancer Insurance

A dedicated online path to quote, compare, and purchase cancer insurance policies, positioned alongside auto as a flagship product line.

Target Users: Consumers

Life, Disability, Property and Contingency, and Health Insurance

Licensed placement of life, disability, property/contingency, and health coverage as an Authorized Representative of the Puerto Rico Insurance Commissioner.

Target Users: Consumers

Agent Distribution Platform

Licenses the underlying comparison and purchase technology to independent agents and brokers, letting them cross-sell additional lines into their existing books of business.

Target Users: Agents/Agencies

Distribution: White-label licensing to independent agents and brokers

At a Glance

Founded: 2015
Headquarters: San Juan, Puerto Rico
Employees: 11-50
Funding: Seed

Category & Focus

Category: Distribution & Sales
Subcategories: Digital Storefronts Quote-to-Bind
Insurance Verticals: P&C Personal Life & Annuity Health
Target Customers: Consumers, Agents/Agencies

Customers

Individual and family consumers in Puerto Rico and Puerto Rican communities in the mainland United States, with a stated focus on populations traditionally underserved by digital insurance options
Independent agents and brokers who license the platform to cross-sell into their existing client books