# DARWIN SEGUROS

> Brazil's largest digital auto insurer, combining telematics\-based pricing with fully digital policy management\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Specialty Solutions |
| Type | Carrier |
| Region | LATAM |
| Headquarters | Sao Paulo, Brazil |
| Founded | 2021 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | USD 28.6M (Series B) |

## Overview

Darwin Seguros is a Brazilian digital insurance carrier specializing in auto insurance powered by behavioral telematics. Founded in 2021 by Firmino Freitas and Carlos Alberto Souza Barros, the company operates as a fully regulated carrier under SUSEP (Brazil's insurance authority, CNPJ: 44.187.990/0001-94), enabling it to underwrite risk directly rather than relying on a fronting carrier.

Darwin's core innovation is usage-based pricing driven by a smartphone app that collects real-time driving data -- speed, acceleration, braking patterns, time of day, and usage frequency -- to fairly price risk based on actual driver behavior. Customers manage their entire insurance lifecycle through a mobile-first digital platform, eliminating traditional paperwork and phone-based claims processes.

By June 2025, Darwin had become Brazil's largest digital auto insurer by volume according to SUSEP data. The company reached approximately R$150 million in annual revenue by end of 2025 (up from R$41 million in 2024), with over 50,000 insured vehicles, and has set a target of R$1 billion in revenue by 2028. In March 2026, Darwin announced expansion into corporate fleet and specialty vehicle lines.

## Products & services

### Personal Lines

**Key features:**

- \*\*Monthly Auto Insurance \(Seguro Auto Mensal\)\*\*: Short\-term coverage for infrequent drivers or new vehicle owners\. Policy simulation completes in one minute; fully digital claims with no policy card numbers or phone calls required\.
- \*\*Annual Auto Insurance \(Seguro Auto Anual\)\*\*: Full\-year auto policies with monthly payment options\. End\-to\-end digital administration through the mobile app\.
- \*\*Telematics\-Priced Coverage\*\*: Core product using smartphone telematics to score driver behavior and set risk\-appropriate premiums\. Driving data \(speed, acceleration, braking, usage patterns\) is collected continuously via the Darwin app\.

### Financial Products

**Key features:**

- \*\*Vehicle\-Backed Loans \(Emprestimo com Garantia de Veiculo\)\*\*: Partnership product with BV \(Banco Votorantim\) offering loans up to 120% of vehicle market value, repayable over up to 72 months, at rates from 2\.1% monthly\.

### Commercial Lines

**Key features:**

- \*\*Fleet Insurance\*\*: Corporate fleet coverage for business clients, with expansion announced March 2026\.
- \*\*Lender Protection\*\*: Specialty vehicle protection products for financial institutions\.

## Category & focus

- Subcategories: Digital Carrier, Telematics / UBI, Auto Insurance
- Insurance verticals: P&C Personal, P&C Commercial
- Target customers: Consumers, Agents/Agencies

## Notable customers

- 50,000\+ insured vehicles as of end 2025
- 12,000\+ broker and agent partners in the distribution network
- Business clients requiring fleet coverage and lender protection

## Links

- Website: <https://www.darwinseguros.com>
- Directory profile: <https://insurtechlist.com/companies/darwin-seguros/>
- Linkedin: <https://br.linkedin.com/company/darwinseguros>

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*Last updated: 2026\-05\-12*