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Mapfre S.A.

Company Detail

Description

Spanish insurance giant Mapfre S.A., through its subsidiaries, offers health, life, homeowner's, commercial, industrial risk, burial, accident, automobile, and third-party liability insurance solutionss. Mapfre mainly operates in the region through its Latin American unit, Mapfre América. In 2011, a JV between Mapfre and Brazil's federally controlled Banco do Brasil (BB) started to operate under the Grupo Segurador Banco do Brasil e Mapfre name, and it currently is the second largest insurer in Brazil's market. Mapfre has more than 17,700 employees in Latin America, where it is one of the largest insurance groups. The group has operations in 17 countries in the region, as well as Puerto Rico. It is headquartered in Madrid, Spain.

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