SUSEP has granted final approval (homologation) for LTI Seguros' migration from the Regulatory Sandbox to the traditional S3 segment.
LTI Seguros, an affiliate of Loovi and one of the pioneering companies in the regulatory Sandbox of SUSEP - Superintendência de Seguros Privados, received on April 28, 2026 prior authorization to operate as an S3-segment insurance company, in property and casualty insurance, throughout Brazil.
𝗣𝗿𝗶𝗼𝗿 𝗮𝘂𝘁𝗵𝗼𝗿𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗳𝗶𝗻𝗮𝗹 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹: 𝘁𝘄𝗼 𝘀𝘁𝗮𝗴𝗲𝘀, 𝗼𝗻𝗲 𝗽𝗮𝘁𝗵.
The distinction between the two acts often causes confusion in the market.
• Prior authorization is SUSEP's initial decision on the application. The agency reviews the corporate structure, the controlling shareholder, the business plan and the regulatory requirements, and authorizes the operation in advance. From that approval, the company has a deadline, generally 90 days, to implement the operation and file the corresponding administrative proceeding.
• Final approval (homologation) is the last stage. SUSEP reviews the acts actually performed, such as paid-in capital increases, amendments to the bylaws and evidence of the required conditions, and effectively authorizes the company to operate.
LTI has now completed the final stage of this path.
We congratulate the LTI and Loovi team on this achievement - especially Quézide Cunha, Eudes Meira, Bárbara Mol, Adalberto Amorim Silva and Pâmela Oliveira.
Panucci, Severo e Nebias Advogados advised LTI Seguros throughout the regulatory structuring and the authorization process before SUSEP, with the involvement of Roberto Panucci and Marcelo De Callis.
