Discover Our History
1998
The beginning of credit insurance in Chile
The creation of private companies exclusively dedicated to the subscription of credit insurance, both for domestic and export purposes, is allowed.
1990
Foundation of Continental
First authorized insurance company in Chile
1990
First Policy in Chile
The Securities and Insurance Superintendent authorized the registration of Continental's Credit Insurance Policy in the Policy Registry (POL 1 90 002), making it the first policy of its kind in Chile.
1997
Entry of Atradius
In 1997, the Atradius Group, which is now a shareholder, entered the company, becoming an important ally that has been an essential part of the company's development.
More than 30 years leading the Credit and Guarantee Insurance market in Chile.
The first Insurance Company of its kind in Chile.
Its history is intertwined with the history of credit insurance in the country, which began in 1988 when private companies exclusively dedicated to the subscription of credit insurance, both domestic and export, were allowed. These companies were also authorized to provide surety bonds and fidelity insurance. After a promising feasibility study, the shareholders of Continental decided to create a company specialized exclusively in credit insurance and guarantees. On February 7, 1990, the company, named Compañía de Seguros de Crédito Continental, became the first authorized credit insurance company according to Chilean law, approved by the Securities and Insurance Superintendent. Since its establishment, Continental has become the leading company in the Chilean market, providing effective solutions for the risks involved in domestic and international sales. Additionally, the company informs about the business climate and conditions in each country where Chilean companies operate. On February 22, 1990, the Continental Credit Insurance Policy was registered (POL 1 90 002) by the Securities and Insurance Superintendent, making it the first policy of its kind in Chile. Since 1990, Continental Credit Insurance Company has also developed the guarantee insurance, expanding the market that was primarily dominated by bank guarantees. The guarantee policies offered by Continental have become widely accepted by major public and private entities as an effective mechanism to secure obligations arising from contracts or legal provisions. In 1997, the Group Atradius became a shareholder, becoming an important ally and an essential part of the company's development.
Shareholders
The ownership of the Company involves the Chilean company Agustinas Servicios Financieros S.A., which is a founding shareholder of Continental, and the Atradius Group through Atradius Participations Holding B.V.
Shareholders | Shares |
Agustinas Servicios Financieros S.A. | 163.001 |
Atradius Participations Holding B.V. | 162.999 |
Total | 326.000 |
Atradius Participations Holding B.V. is part of the Atradius Group. The shareholders of Atradius are Grupo Crédito y Caución with 64.23%, Grupo Catalana Occidente with 26.66%, and INOC, SA with 9.11%.
Since its inception, Continental has established itself as the leading company in the Chilean market, providing effective solutions for the risks involved in any domestic and international sales.
Board
Mr. Enrique Araos M.
President
Mr. Eugenio Besa J.
Director
Mr. Cristián Carmona L.
Director
Mr. Claus Gramlich-Eicher
Director
Mr. Luis Gutiérrez S.
Director
Mr. Carlos Muniesa Ch.
Director
Mr. Daniel Stausberg
Director
Management
Diego González Riedemann
General Manager
Andrés Alemparte Regueira
IT Manager
Mauricio Bellei Carvacho
Risk Analysis Manager
Gabriela Carrasco Manni
Commercial Manager Guarantee
Rita Diacobe Sessarego
Credit Commercial Manager
Alfonso González Marambio
Assistant Manager of Studies
Luis Lamoliatte Vargas
Fiscal
Sergio Muñoz Ibáñez
Administration and Finance Manager
Maureen Rallier Crichton
Credit Sales Manager
Magdalena Rengifo Leay
Claims Manager
Christian Zschocke
Reinsurance Manager