At the time of its incorporation, it operated in P & C insurance and reinsurance. In 1972, Abrahao Garfinkel, former director of Boa Vista Insurance Group, acquired control of the company, which ranked 44th in the market. Porto Seguro started operations with 50 employees and now employs directly more than 14,000 employees and more than 17,000 suppliers through its companies. It has more than 100 branches and regional offices to serve more than 32 thousand brokers and more than 18 million clients throughout the country. It also has headquarters in Uruguay.
The headquarters of Porto Seguro is located is Campos Elisios, in the central region of São Paulo.
Porto Seguro operates in all lines of insurance: Automobile, Company Health, Business, Patrimonial, Life and Transportation, through the companies Porto Seguro, Porto Seguro Saude, Porto Seguro Vida e Previdência, Porto Seguro Uruguay, Azul Seguros and Itaú Auto e Residencia. Among the businesses of the group, it also highlighted for Consortium of Real Estate and Automobiles, Providence, Investments, Financing, Credit Cards, Protection and Monitoring, Condominium and Residence Services and Telecommunications.