The independent insurance broker announces important news at its commercial event.
This increase will allow Sabseg to establish itself as the Iberian benchmark in the SME segment. The company has introduced an innovative D&O product in collaboration with Hiscox.
Barcelona, October 21, 2024.- Sabseg, the leading independent insurance broker in Spain and Portugal, celebrated the III edition of its Evento Comercial de España (Commercial Event of Spain) in Segovia on October 17 and 18, with the participation of more than 120 members of its commercial network.
During this meeting, the company reaffirmed its commitment to innovation and growth, projecting to close 2024 with more than 600 million euros in premiums, which represents a growth of over 20% compared to the previous year. This increase will allow Sabseg to consolidate itself as the Iberian leader in the SME segment and the fifth group in terms of gross commissions in the region.
Additionally, its new D&O product was also presented, designed exclusively for the company's clients and backed by Hiscox. This solution combines extensive coverage and conditions developed jointly by the teams of Sabseg and Hiscox, which adapts very well to the needs of SMEs.
“At Sabseg, we are committed to offering quality products that protect our clients, especially in a context of constant change in the industry. The launch of our new D&O product in partnership with Hiscox is a clear example of our ability to adapt to the needs of the sector and the challenges faced by small and medium-sized enterprises,” comments Carles Alsina, Chief Executive Officer in Spain of Sabseg.
Finally, the meeting featured various activities to develop the commercial skills of the organization and round tables where market perspectives and the growth levers of the group were discussed.
Sabseg is the leading independent broker in Iberia that incorporates insurance brokerages specialized in different niches and geographies, with a strong specialization in business insurance. It is a benchmark in sectors such as agriculture, credit and surety, international credit, nautical, private clients, art, and general insurance. The investment in 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, providing them with 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