This incorporation strengthens Sabseg's presence in Castilla y León, consolidating its capability in fleet and general business insurance.
"Sabseg, the leading insurance broker for SMEs in Spain and Portugal, has announced today the acquisition of Sánchez-Valencia, a broker with more than 40 years of experience and a solid reputation in the Spanish insurance market."
Specialized in fleet insurance, which accounts for approximately 60% of the managed premiums, Sánchez-Valencia brings deep technical knowledge to the group and reinforces its positioning in this strategic segment.
With a family mediation tradition that dates back more than 60 years, Juan Carlos Sánchez-Valencia has developed his activity at a national level, currently managing 7.5 million euros in premiums. His client portfolio is composed of 80% by companies, and his human team consists of eight professionals, including the broker himself.
Regarding the integration with Sabseg, Juan Carlos Sánchez-Valencia stated:
"This incorporation allows us to face our expansion plan with the backing of a great partner, with whom we share a business vision and a strong cultural fit. Sabseg's operational, technological, and innovation capacity will allow us to continue growing and offering the best service to our clients, while maintaining our essence and closeness."
For his part, Carles Alsina, CEO of Sabseg Spain, highlighted the importance of this operation:
"The incorporation of Sánchez-Valencia significantly strengthens our specialization in fleet insurance, a key area in our growth. Juan Carlos brings a great business vision and a commitment to excellence that fits perfectly with our values. Together, we consolidate our presence in Castilla y León and continue to advance in our leadership strategy in the sector."
With this alliance, Sabseg reaffirms its commitment to leadership in the transformation of the insurance mediation sector, betting on joint management based on technological innovation and talent, fundamental pillars to consolidate its leadership and excellence in the sector.
Sabseg is the leading independent broker in Iberia that incorporates insurance brokerage firms specialized in various niches and geographies, with a high specialization in business insurance. It is a reference in sectors such as agriculture, credit and surety, international credit, nautical, private clients, art, and general insurance. The commitment to technology and the digitalization of processes strengthens its customer service, centralizing key functions such as finance and talent management. The group's strategy is based on supporting the partners of the integrated brokerages, offering them technological, financial, and human resources to maintain a close relationship with their clients, along with access to innovative solutions. With Carles Alsina as CEO and Ignacio Quesada as M&A director, Sabseg closed 2023 with over 500 million euros in premiums, serves 200,000 clients, and has 450 employees, 45 offices, and more than 2,000 agents.
For more information about SABSEG Group:
Morillas Brand Reputation
Alba Deulofeu - alba.deulofeu@morillas.com
Daniel Bargalló - daniel.bargallo@morillas.com