Argentine # ##o is spreading its business to consumers . Following a successful expansion into Colombia where its user base has grown 200 % over the past eight months , the start - up continues to take advantage of Chile 's evolving economy . Notably , insurance premiums in the South American nation account for 5 % of GDP , far higher than regional average of 2.9 % . Having recently doubled its workforce , 123Seguro aims to increase its number of employees in Chile to bolster communication with customers and to better understand their needs .
Argentine insurtech 123Seguro is spreading its business to Chile. Following a successful expansion into Colombia where its user base has grown 200% over the past eight months, the start-up aims to take advantage of Chile's evolving economy. Notably, insurance premiums in the South American nation account for 5% of GDP, far higher than regional average of 2.9%. Having recently doubled its workforce, 123Seguro intends to grow its number of employees in Chile to bolster communication with customers and to better understand their needs.