P&A started its activities within a scenario marked by major transformations. It was the beginning of the 1990s, when, due to the economic modernization and stability in Brazil, large companies had to face material challenges arising from the need of restructuring

Such a window of opportunity gave birth to the idea of investing in the branch of Insurance, where specialization is highly required. Currently, P&A expanded its competences to other relevant areas and, in addition to Insurance and Reinsurance, it reached a consolidated position as a reference in activties such as: Telecommunications, Banking, Highway concession sectors, Aviation Law, Transports, Industry, Trade and Services.