Mapfre
 |
|
| Sociedad Anónima | |
| Traded as | BMAD: MAP |
| Industry | Insurance |
| Founded | 1933 |
| Headquarters | Majadahonda, Spain |
|
Key people
|
Antonio Huertas (Chairman and CEO) |
| Products | Life and non-life insurance, investment management |
| Revenue |
 €23.53 billion (2011)
|
| Profit |
€963 million (2011)
|
| Total assets |
€54.87 billion (end 2011)
|
| Total equity |
€9.727 billion (end 2011)
|
|
Number of employees
|
 32,798 (average, 2011)
|
| Website | www |
Mapfre (Spanish pronunciation: [ˈmafɾe], officially typeset MAPFRE) is a Spanish insurance company, based in Majadahonda, Madrid. The name comes from the old mutual origin of the company (Mutualidad de la Agrupación de Propietarios de Fincas Rústicas de España), but the company now only refers to itself as MAPFRE. It is the leading insurance company in Spain and the largest non-life insurance company in Latin America.
The company purchased Webster, Massachusetts-based Commerce Insurance Group, a major provider of vehicle insurance, for over €1.5 billion in October 2007. MAPFRE was listed in the Fortune Global 500 list on its 2008 edition.Rafael Nadal is officially sponsored by the company.
In October 2010, MAPFRE acquired British travel insurance provider InsureandGo for an undisclosed sum.
In March 2012, Antonio Huertas took over as MAPFRE's chairman from José Manuel Martínez, who had held the role since 2001.
In 1976 the Fundación Mapfre was set up as a private charitable foundation, headquartered in Madrid, which gives grants for various charitable purposes, including many in the cultural sector, mostly in the Spanish-speaking world.
In 2014 Fundación Mapfre opened a new exhibition space for photography in the centre of Madrid at Calle Bárbara de Braganza 13, opposite the National Library. The space is 868 square meters large spread over two floors. It opened with a retrospective exhibition by Vanessa Winship.
Espacio Miró is a permanent exhibition on the Catalan painter Joan Miró inaugurated in Madrid on December 13, 2016, organized by the Mapfre Foundation at its main headquarters on Paseo de Recoletos, 23.
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Wikipedia