Mapfre S.A.

Mapfre S.A. is a Spanish multinational insurance company headquartered in Majadahonda, Madrid, recognized as the largest Spanish-owned insurer globally and the leading non-life insurance provider in Latin America. Founded in 1933 as a mutual insurance entity for rural property owners in Spain, it has evolved into a diversified group offering life and non-life insurance products, including auto, home, health, and commercial lines, alongside reinsurance, assistance services, and financial investments. The company operates across five continents through key business units in Iberia, Brazil, Latin America, North America, Eurasia, and specialized global risks and reinsurance divisions, serving 31.1 million customers with 31,290 employees worldwide. Notable expansions include significant U.S. presence via acquisitions like Commerce Insurance in 2008, establishing it as the 21st largest private passenger auto insurer and 39th largest homeowners insurer there. Mapfre S.A. upholds values of solvency, integrity, innovation, and service, while committing to sustainability aligned with UN 2030 Goals through Fundación Mapfre, impacting social and business landscapes in over 30 countries. Its global scale underscores a pivotal role in the insurance sector, blending local expertise with international reach.