MAPFRE (BME: MAP) is a Spanish multinational insurance company and financial services provider headquartered in Madrid, Spain. Founded in 1933, MAPFRE has grown to become the largest Spanish insurance company globally and the leading multinational insurer in Latin America.
MAPFRE offers a wide range of insurance products and services, including:
Auto insurance: Comprehensive coverage for cars, motorcycles, and other vehicles
Home insurance: Protection for residential properties and contents
Health insurance: Medical coverage and services through a network of providers
Life insurance: Term and permanent life insurance policies
Travel insurance: Coverage for trips and overseas emergencies
Business insurance: Solutions for companies and commercial risks
Reinsurance: Services for other insurance providers
As of July 2023, MAPFRE reported total premium volume exceeding EUR 24.54 billion, with 70% of premiums coming from outside Spain. The company serves over 31 million customers worldwide and operates in approximately 40 countries across Europe, America, and other regions. MAPFRE has a workforce of around 37,000 employees and maintains a network of about 5,000 offices globally. The company continues to expand its international presence while focusing on innovation and digital transformation to meet evolving customer needs.
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