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Grupo Mexicano de Seguros, S.A. de C.V.

Company Detail

Description

Grupo Mexicano de Seguros (GMX) is a Mexican P&C insurer which specializes in civil liability insurance as well as complementary general insurance lines. The company boasts a leading position in the segment. General insurance lines are sold as a compliment to its core business. GMX also operates n the area of medical malpractice and industries like manufacturing and hotels that deal with international clients. GMX was founded in 2003 after a group of Mexican investors lead by José Luis Llamosas bought the local subsidiary of US-based insurer Saint Paul for US$9mn. It is based in Mexico City, Mexico.

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