Priscus advises the Concentra group (owned by Blackfin)

27 June 2024

Founded over 30 years ago by 3 partners, Portinsurance is one of the 10 leading insurance brokers in Portugal.

Portinsurance has a significant presence in the northern and central coastal regions of Portugal and in the Algarve, with 13 sales outlets, 50 employees and a large network of exclusive agents.

In April 2024, Portinsurance became part of the Spanish Concentra group (part of Blackfin). As a result, the new entity will become the 7th largest broker in Portugal. Within the Concentra group, Portinsurance will handle the division targeting the SME and Individuals.

Priscus Iberia advised the Concentra group on the transaction.