What's the matter?
Policy issuance and management overcharge companies that don't have comprehensive tools to manage every detail effectively.
Inefficient resource management
Ineffective resource management results in billions of reais lost through inefficiency and negative financial outcomes.
Reduced performance output
Policy issuance and management require an amount of time and energy from the legal, financial and insurance teams.
Have you ever imagined coordinating all of this through a unified and practical online platform?
We present Avita
Avita is the first Brazilian Insurtech to develop an online platform for the automatic issuance, control and management of surety bonds, and in a short time it has become the leading surety insurer in the country.
Founded in 2019 by partners Adriano Almeida, Rodolfo Fonzar and Daniela Durán, after 15 years working in and contributing to the Surety Bond segment, had set out to assist their future clients, the insurance market and relevant stakeholders in addressing issues and challenges within Brazil’s judicial guarantees ecosystem.
In 2024, Itaú Unibanco – Brazil’s largest private bank – announced an agreement to acquire Avita in order to expand its presence in the surety bonds market. As a result, Itaú Unibanco joined the company as a partner.
Our software quotes the entire insurance market and presents the best possibilities and values in seconds.
Our partners
Would you like to talk to one of our experts?
Discover the Avita Portal
The first online platform for the automatic issue, control and management of surety bonds.
The system enables the consolidation and management of all policies, due dates, renewals, cancellations and limits with each insurer automatically.
Differentials
thousand+
Monthly users on
the platform
+
Economic
groups
thousand+
Policies issued 100%
automatically in 2023
Services
Online issuing
We have developed the first online platform for the automatic issuance, control and management of insurance. Our system quotes from the entire insurance market and presents the best possibilities and values in seconds.
All-in-one management
The system enables the complete consolidation and automated management of all issued policies and drafts, including due dates, renewals, cancellations and coverage limits with each insurer 100% automatically, reducing the bureaucracy of the entire chain involved in taking out policies. Connected to the Brazilian Courts, it tracks the movements of each case in real time, giving our clients legal and financial predictability.
Skilled professionals
Avita has a team of specialists with over 20 years of expertise in the surety bond market and a dedicated workforce of 70 professionals fully dedicated to this segment.
Benefits
Avita Providers Portal
In 2023, Avita launched the Avita Provider Portal. With all the proven technology of the Avita Portal, we have developed a new digital environment designed to enable insureds to exercise full control and management over their provider network.
The problem we want to solve
Insureds in the surety bond and rental guarantee ecosystem spend excessive time and money managing workflows with their providers, absorbing operational costs and facing uncertainty regarding claim recoveries.
Thousands of service, construction, and supply agreements rely on performance bonds. However, due to the lack of standardized clauses, many of these bonds lose their legal standing, leading to non-payment by insurers.
Through the Avita Providers Portal, we’ve standardized the insurance issuance process for our clients' providers, ensuring the policy terms are fully aligned with the agreements made between Insured and Provider. This guarantees consistency between the policy and the contracted service..
Benefits for the insured
Control and management of your providers in a unified environment;
Customized clauses fully aligned with the insured’s standard contracts;
Objectivity in the regulation of claims insofar as the clauses and necessary documents have been previously defined;
Contract lifecycle management, including renewals, amendments, endorsements, and expiration alerts all handled digitally;
Access to better commercial conditions for the insureds;
Stronger provider relationships, especially with partners who may not usually access the insurance market or alternative guarantee options.
Benefits for the provider
Online issuance of of all necessary policies to fulfill the agreement with the insured;
Real-time commercial conditions provided by approved insurers participating in the Marketplace, with reduced documentation and analysis requirements;
A curated marketplace of insurers endorsed by the policyholder, offering favorable terms and accurate clauses;
Easily manage of policies through the Avita Portal, with access to all technological features, including expiration alerts, renewals, updates, endorsements, and cancellations;
Electronic signing of the Counter-Guarantee and Specific Appointment.
Our business model
Access to the Avita Portal by the provider in an exclusive environment for the insured, ensuring speed and accuracy throughout the insurance acquisition process.
Online credit engine provides real-time commercial conditions to the insurance borrower.
Full transparency in the quoting process, conducted 100% electronically and free from external interference, always ensuring the best conditions for the borrower.
Standardized clauses that guarantee correct coverage and alignment with the contracts to be secured.
Fast Claim – a more efficient claims resolution process compared to the conventional models, as the prerogatives for the claim event have been predefined.