Overview
Ciclic is a digital insurance brokerage serving individual consumers in Brazil, offering personal lines coverage across travel, auto, mobile devices, portable electronics, and pet health. The company was founded in 2017 as a joint venture between BB Seguros, the insurance subsidiary of Banco do Brasil, and PFG2 Participacoes, the Brazilian operations of Principal Financial Group. Insurance sales are conducted entirely online, without physical offices or agents, and policies can be issued immediately.
The company distributes insurance through its website and a native mobile app called Carteira Ciclic, available on both iOS and Android. The app allows customers to manage all policies in one place and store coverage from third-party insurers as well. Ciclic is open to all Brazilian residents, not just customers of Banco do Brasil, and offers Portuguese-language customer support around the clock.
Ciclic positions itself as a pioneer of Open Insurance in Brazil, a data portability model where policyholders own and can share their insurance data across platforms. As of 2026, the company employs approximately 50 people and reports annual revenue of approximately R$35M.
At a Glance
- Founded
- 2017
- Headquarters
- Sao Paulo, Brazil
- Employees
- 51-200
Category & Focus
Customers
- Individual consumers
- Pet owners
- Travelers
- Vehicle owners
Last updated: 2026-07-02