MBM Consulting

Insurance distribution technology for mass-market and inclusive insurance in Latin America

Distribution & Sales Established Bootstrapped

Overview

MBM Consulting is a distribution technology and consulting firm serving insurance carriers, financial institutions, and retail organizations in the mass-market insurance segment across Latin America. The company focuses on bancassurance, micro-insurance, affinity insurance, and inclusive insurance distribution -- segments that address underserved populations in the region.

The company's core product, e.Masivos, is a SaaS platform that enables insurers and distribution partners to automate policy issuance, manage sales channels, and optimize the buyer journey for high-volume, low-premium products. The platform covers the full distribution stack, from channel management and online sales flows to operational reporting, and integrates with retail POS systems, financial institution platforms, and insurance agency systems via API.

MBM Consulting operates across 6 Latin American countries through 7 country partnerships and counts insurers such as HDI and Seguros Unidos, major Ecuadorian retail chains, and development organizations including USAID and Habitat for Humanity among its customers. The company is bootstrapped and privately held, with leadership carrying 20+ years of insurance industry experience including specialized expertise in micro-insurance and microfinance.

Products & Services

e.Masivos Platform

A cloud-based SaaS platform for managing mass-market insurance distribution channels. Enables insurance companies and financial institutions to issue policies in real time, automate operational workflows, and manage multi-channel sales programs under a holistic distribution model.

Key Features

Real-time online policy issuance and sales
Buyer journey optimization and streamlined purchase flows
Multi-channel management (bancassurance, retail, worksite, affinity, digital)
Process automation for operational cost reduction
API integration with financial and insurance systems

Target Users: Insurance carriers, financial institutions, and large retail chains running mass-market or affinity insurance programs

Digital Solutions

Complementary digital channel services for insurance distribution, including user experience-oriented website development, chatbot interfaces, interactive video tools for product education, and social media marketing integrations.

Key Features

Insurance-focused website development
Conversational chatbot interfaces for customer engagement
Intelligent Interactive Video (IVI) for product education and sales
Social media and Marketing 2.0 integration

Target Users: Insurers and distribution partners building or modernizing digital customer acquisition channels

Consulting & Advisory

Strategic consulting for insurance organizations navigating digital transformation in the mass-market segment. Covers business model innovation, go-to-market strategy, and operational optimization.

Target Users: Insurance carriers and financial institutions expanding into LATAM mass-market channels

At a Glance

Headquarters: Bogota, Colombia
Employees: 11-50
Funding: Bootstrapped

Category & Focus

Category: Distribution & Sales
Subcategories: Digital insurance distribution bancassurance technology affinity insurance platforms inclusive insurance worksite marketing
Insurance Verticals: P&C Personal Life & Annuity
Target Customers: Carriers, Brokers, Agents/Agencies