Horiens aims to protect its shareholders’ tangible and intangible assets. Created in 1978 to promote business security, it seeks innovative solutions for the transfer of risks in the domestic and international insurance and reinsurance markets. Its role is to support the Group in identifying, assessing, and mitigating these risks.

The company acts in harmony with the financial affairs and guarantee policies of the Group. In the last 24 years, more than $26 billion in guarantees have been issued without any losses to the guarantors.

The services offered by Horiens include:

  • Risk management;
  • Provision of guarantee lines and insurance coverage;
  • Creation of integrated solutions for projects and businesses;
  • Management of members’ life and health risks.

Currently, it is responsible for the administration of all the 201,000 life insurance policies, 225,000 health insurance policies, and 119 thousand dental insurance plans, ensuring a program of qualified and differentiated coverage to members, dependents, and family members in the countries in which the Group operates. 


In 1975, Construtora Norberto Odebrecht (CNO) created an Insurance Department which three years later gave rise to the FEO - Administradora e Corretora de Seguros Ltda., which is connected to the Insurance Division of the CNO Legal Department. The first contract was in connection with the Rio Sul Shopping Center project in Rio de Janeiro. 

The institution signed its first international contract in 1979, as part of the work on the Charcani V Hydroelectric Power Plant, in Peru, and from then on it took part in other projects such as the Capanda Hydroelectric Project (Angola), the Pichi-Picún-Leufú Hydroelectric Power Plant (Argentina) - photo -, the Santa Elena Irrigation Project (Ecuador), the P-18 Platform, and others.

Its first operations in health insurance and the underwriting of the first policy for members in Brazil took place in 1992. In 1995, FEO changed its corporate name to OCS - Odebrecht Administradora e Corretora de Seguros Ltda.

That same year, the Group’s guarantee line reached a total of US$ 1 billion. All members gained access to the health plan administered by the company in 1999, when OCS International Ltda. was created.