Te Devuelvo

Te Devuelvo is a consumer insurance brokerage based in Chile that focuses exclusively on credit-linked insurance portability. Launched in March 2025 as a digital initiative of Prime Corredores de Seguros -- a Santiago-based broker established in 2012 -- the platform enables Chilean consumers to cancel overpriced bank-bundled insurance policies and replace them with equivalent coverage at lower premiums.

The company targets a specific regulatory right under CMF Circular 21-14, which requires financial institutions to return unused insurance premiums when a credit-linked policy is terminated. Te Devuelvo guides consumers through the eligibility assessment and mandates Prime Corredores de Seguros to manage the portability request, negotiation with the originating financial institution, and placement of a replacement policy -- typically completing the process within 15 to 20 days.

The company reports over CLP 400 million in recovered premiums processed in its first three months of operation, reaching more than 1,000 clients during that period. Revenue derives from commissions on replacement policies placed after portability. Te Devuelvo operates under CMF oversight through its parent company's broker license.