DS Seguros revenue grows 22% to 8 million euros in first half

Insurance broker DS Seguros reported a 22% increase in commission revenue during the first half of the year, reaching approximately 8 million euros. This growth follows a period of expansion where the company issued over 32,000 new policies, totaling roughly 13.5 million euros in new premiums.

Automobile insurance was the primary driver of new business, accounting for approximately 15,000 new contracts. The company also saw significant demand in life and health insurance segments, with 7,000 new life insurance policies and over 1,700 health insurance contracts issued.

To support this growth, DS Seguros expanded its physical presence by opening six new stores in locations including Lisbon, Marco de Canaveses, Mem Martins, Moimenta da Beira, Nelas, and Santa Iria da Azóia. The company has signed ten additional contracts for new units to be opened in the coming months.