I4PRO

I4PRO, whose name stands for Insurance for Professionals, operates as a specialized software provider for the Brazilian insurance market. The company was established in 2005 by partners with extensive experience in IT consulting and system development for the insurance industry dating back to the 1980s.

A significant milestone in the company's history occurred in 2019 when it received a strategic investment from Ângulo Capital, a search fund with predominantly American investors. This led to the appointment of Rafael Araujo as CEO. Araujo's background includes an MBA from the University of Oxford and experience in M&A and financial planning at firms like Deloitte and 3i Group, which he brought to I4PRO to spearhead a new growth phase. Under his leadership, the company professionalized its services, moving from a service-focused model to one centered on modular solutions, which tripled the company's revenue in the subsequent years. In July 2025, I4PRO was acquired by Banyan Software, a Canadian company that acquires and holds vertical market software businesses. This acquisition aims to provide long-term stability and support continued growth, while allowing I4PRO to operate independently in Brazil.

The firm's business model is centered on providing comprehensive, end-to-end technological solutions for insurance companies, reinsurers, and capitalization companies. It serves a substantial portion of the Brazilian market, with over 40 insurance companies as clients, including names like Austral Seguradora and Too Seguros. The company generates revenue by developing, implementing, and maintaining a suite of software products that manage the entire lifecycle of insurance policies. Their core offering is the I4PRO ERP, a back-office system that handles everything from policy issuance, claims management, and reinsurance to financial and regulatory accounting, ensuring compliance with standards set by Brazil's insurance regulator, SUSEP. In addition to the main ERP, I4PRO has developed a range of modular products, such as the i4portal, a digital platform for sales and customer relations; InShare, a co-insurance marketplace to exchange risk between insurers; and WEX (Workflow Express), a tool for organizing and monitoring insurance processes. These solutions are designed to be integrated with a client's existing legacy systems or used natively within the I4PRO ERP, aiming to increase operational efficiency and reduce time-to-market for new insurance products.

Keywords: Insurtech, insurance software, ERP for insurance, policy administration system, reinsurance software, claims management software, capitalization solutions, Brazilian insurance market, B2B SaaS, financial technology, back-office automation, regulatory compliance, co-insurance marketplace, digital insurance platform, risk management technology, SUSEP, Rafael Araujo, Banyan Software, Ângulo Capital, insurance technology services, policy lifecycle management, insurance workflow automation