SulAmérica is the second largest Brazilian insurance company with more than 7 million customers and a distribution network of more than 30,000 independent brokers.

[7] In the 1920s, the company began to offer other services such as Automobile and Personal Accident Insurance.

[7] In January 2019, SulAmérica installed vending machines selling travel insurance in the São Paulo–Guarulhos International Airport.

[10] In August 2019, SulAmérica Seguros sold its automobile insurance operations to Allianz for R$3 billion.

The company's businesses are conducted through a broad and diversified distribution network, included more than 29,000 active brokers, employers, joint ventures and strategic alliances to sell its products with major financial institutions operating in Brazil, such as BV Financeira, HSBC, Santander and Banco Safra.