The history of insurance and the role of the area
However, in its history, the understanding of its importance occurred together with the evolution of banks, logistics services and the expansion of man on the planet.
The beginning
Evolution
At the time, many agreements were made; in certain cases, the person responsible for the loss of the ship or boat could receive a new vessel paid for by the sponsor of the trip or paid for by fellow travelers in a joint contribution.
After the 16th century, with the strengthening of maritime trade, small and medium-sized merchants gained greater access to maritime navigation routes.
At this time, the Marine Insurance Contract emerged. With the insurer’s authority to assume financial risks in certain previously established situations.
The modern market
>Later with the mercantilist and colonial navigations, and later, with the Industrial Revolution, we saw the opening of new markets in the following centuries.
In Brazil
At the time, the first insurance corporation to operate in Brazil was the “ Boa-Fé Insurance Company ”.
>>>>>>>>>>In Brazil, after independence in 1822, we had law 556 approved in 1850, which authorized the emergence of several insurance companies in the country.
Currently, this sector has become increasingly focused on the personal and legal needs of customers. Integrating in-person services with digital services and keeping up with the evolution of markets. Methods and technology, as has always happened throughout human history.