SABSEG, backed by Miura Partners, continues to advance its growth and consolidation strategy across the Iberian Peninsula with the integration of Correduría de Seguros Baigorri, an Aragon-based brokerage specializing in corporate and industrial risks, headquartered in Zaragoza with a strong presence in its surrounding region.
This transaction reinforces SABSEG’s vision of building a leading independent insurance broker in Southern Europe, based on specialization, client proximity, and technical excellence, combining global capabilities with strong local roots.
Founded and led by Eduardo and Raquel Baigorri, the brokerage has a well-established track record in the Aragonese market. Its activity is primarily focused on the corporate segment, which represents more than 90% of its managed premiums, with a strong positioning in sectors such as transport and logistics, meat industry, and renewable energy (wind and photovoltaic).
Baigorri serves more than 2,500 clients, representing over €10 million in intermediated premiums, and its integration into SABSEG strengthens the group’s presence in Aragón. At the end of 2024, SABSEG had already integrated PG Corredores, a Zaragoza-based brokerage founded in 1990 and specialized in large-risk management, particularly in industrial, engineering, and financial insurance.
Through these transactions, SABSEG consolidates its leadership in the region, advancing its growth model based on the integration of local brokers that bring market knowledge and client proximity, while preserving the identity and value of each integrated team.
Eduardo Dávila, Chairman and CEO of SABSEG, commented: “The integration of Baigorri strengthens our position in Aragón with a team of strong technical expertise and deep business roots. Their specialization in industrial risks and their focus on SMEs fully align with our model.”
For their part, Eduardo and Raquel Baigorri stated: “Joining SABSEG allows us to continue our project, preserving our identity and closeness to clients, but with the backing of a platform with greater technical, technological, and placement capabilities. We are convinced this integration opens a new phase of growth and opportunities for our team and our clients.”
With this integration, Baigorri becomes part of a group that currently manages more than €800 million in intermediated premiums, employs over 800 professionals, and maintains a consolidated presence across Spain, Portugal, and Italy through a network of 60 offices.
The transaction is part of SABSEG’s strategic plan, which combines selective acquisitions of specialized brokers, the opening of proprietary offices, and the development of new specialty lines, with the goal of reaching €2 billion in intermediated premiums by 2030.
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