Material Fact

São Paulo, December 13, 2016 - The Board of Directors of BR Insurance Corretora de Seguros SA ('Company' or 'BR Insurance') announces that, following the transformational process initiated in September 2015 by the current CEO, Marcelo Moojen Epperlein, Luiz Roberto de Salles Oliveira will assume the position of Chief Executive Officer on January 16, 2017.

Thus, Luiz Roberto de Salles Oliveira resigned today as Chairman of the Board of Directors. Márcio Guedes Pereira Júnior was elected for this position.

The Investor Relations department is available to help with any existing doubt.

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Investor Relations
Tel.: +55 11 3175-2900
E-mail: ir@brinsurance.com.br

Brasil Insurance Participações e Administração SA published this content on 13 December 2016 and is solely responsible for the information contained herein.
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