Insurance

Updated:

Bicevida

Bicevida was founded in 1993 and belongs to the Matte Group. It was formed through a joint venture between Allianz and Bicecorp. The firm holds direct stakes...

Bicevida logo

Bicevida

Bicevida was founded in 1993 and belongs to the Matte Group. It was formed through a joint venture between Allianz and Bicecorp. The firm holds direct stakes in commercial properties including Edificio Agustinas 1235, Centro Comercial Paseo Colina, and Torres del Parque Office Building. It also maintains a 13.66 percent interest in Piedra Roja S.A., a mixed-use development in Chicureo. Additional commitments include positions in BTG Pactual Venture Debt II and Sembrador Fund. Bicevida reports 7.4 billion dollars in assets. The firm participates in industry associations including the Principles for Responsible Investment and maintains relationships with service providers such as PwC and JP Morgan. A merger with Vida Security advanced in 2025-2026.

General information

Firm type

Insurance

Year founded

1993

AUM

7.4B (Altss estimate)

Location

Region

Latin America

Country

Chile

City

Santiago

Corporate office

Avenida Providencia 1806, Santiago, Chile

Principals

Andrés Varas Greene

CEO and General Manager

Bernardo Matte Larraín

Key principal

Sector focus

InsuranceReal Estate

Frequently asked questions

Who controls Bicevida?

The Matte Group controls Bicevida through Bicecorp and Forestal O'Higgins. Bernardo Matte Larraín serves as a key principal.

What asset classes does Bicevida deploy into?

Bicevida holds direct real estate assets and limited partnership interests in private equity and venture debt funds. Confirmed positions include Piedra Roja S.A. and BTG Pactual Venture Debt II.

How is Bicevida structured relative to the Matte Group?

Bicevida operates as a subsidiary of publicly traded Bicecorp. It maintains separate insurance operations while sharing governance with other Matte Group entities such as Banco BICE.

Does Bicevida maintain philanthropic structures?

Bicevida supports foundations including Fundación Miradas Compartidas and Fundación Olivo. These vehicles focus on social inclusion and education in Chile.

What is Bicevida's known posture on ESG?

Bicevida follows an ESG integration policy that includes norm-based screening and the use of ESG ratings for fixed income issuers.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on investors?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Santiago Insurance profiles