Instituto Nacional de Seguros
InsuranceSan José, Costa Rica1001-5000 Employees
The Instituto Nacional de Seguros is an insurance company based in Carmen, San José 10101, Costa Rica, employing between 1,001 and 5,000 people. It was established by Law No. 12 on October 30, 1924, to address the insurance needs of Costa Rican society, and it began as Banco de Seguros before being renamed INSTITUTO NACIONAL DE SEGUROS in 1948. The organization started with life insurance (first policy issued on November 5, 1925), followed by fire insurance (authorized February 17, 1926) and administration of workers’ accident insurance (June 1926). Beyond insurance, INS administers the national fire service and provides health services through INS-Salud, including a medical complex and a nationwide network of medical services, along with social programs such as safety brigades and risk-prevention campaigns. Revenue is reported in the data as being between $500 million and $1 billion.