Investments
6Portfolio Exits
3Funds
1Partners & Customers
10MAPFRE Web Traffic
MAPFRE Rank
Latest MAPFRE News
Jun 21, 2022
MAPFRE now accredited for Schengen visa, travel insurance made more affordable As international borders continue to reopen with less restrictions, global tourist arrivals more than doubled this year according to the UN World Tourism Organization. Some countries no longer require tests and quarantine, like in some parts of Europe. Filipinos who would like to travel to Europe now have better chances of doing so with the recent Schengen Visa accreditation of MAPFRE and its improved travel insurance. With Schengen Visa applications requiring a travel insurance coverage of €30,000, MAPFRE takes care of you as its travel policy covers at least €35,000. This enables Filipinos to visit different countries worry-free, knowing they have a reliable safety net to cover their needs. MAPFRE also increased its travel insurance’s COVID-19 coverage for up to US$50,000. This includes medical treatment and expenses, repatriation of remains, trip cancellation, and curtailment. It also has other benefits for inconveniences like delayed departure, missed connecting flight, baggage delay, and loss or destruction of checked-in and hand-carry luggage. “MAPFRE takes pride in its recent accreditation for Schengen Visa. It is a testament to the quality of our services and insurance solutions for Filipinos,” said Tirso C. Abad, MAPFRE Insurance President and CEO. “We also made our travel insurance packages more affordable in hopes of providing peace of mind to our kababayans wherever they may be visiting,” he added.
MAPFRE Investments
6 Investments
MAPFRE has made 6 investments. Their latest investment was in LET’S Delivery Max as part of their Pre-Seed on September 9, 2021.
MAPFRE Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/21/2021 | Pre-Seed | LET’S Delivery Max | $0.4M | Yes | Flavio Dias, Marcos Ferreira, and Undisclosed Investors | 3 |
9/3/2019 | Corporate Minority | |||||
3/25/2019 | Series A | |||||
11/7/2017 | Corporate Minority | |||||
5/5/2010 | Corporate Minority |
Date | 9/21/2021 | 9/3/2019 | 3/25/2019 | 11/7/2017 | 5/5/2010 |
|---|---|---|---|---|---|
Round | Pre-Seed | Corporate Minority | Series A | Corporate Minority | Corporate Minority |
Company | LET’S Delivery Max | ||||
Amount | $0.4M | ||||
New? | Yes | ||||
Co-Investors | Flavio Dias, Marcos Ferreira, and Undisclosed Investors | ||||
Sources | 3 |
MAPFRE Portfolio Exits
3 Portfolio Exits
MAPFRE has 3 portfolio exits. Their latest portfolio exit was InsureandGo on January 20, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
1/20/2022 | Acquired - II | 1 | |||
Date | 1/20/2022 | ||
|---|---|---|---|
Exit | Acquired - II | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
MAPFRE Acquisitions
11 Acquisitions
MAPFRE acquired 11 companies. Their latest acquisition was Popular Seguros de Portugal on September 23, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
9/23/2020 | Acquired | 1 | ||||
2/18/2020 | Corporate Majority | 1 | ||||
4/30/2019 | Acquired | 2 | ||||
12/11/2018 | ||||||
7/18/2018 | Other |
Date | 9/23/2020 | 2/18/2020 | 4/30/2019 | 12/11/2018 | 7/18/2018 |
|---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Corporate Majority | Acquired | ||
Sources | 1 | 1 | 2 |
MAPFRE Fund History
1 Fund History
MAPFRE has 1 fund, including Mapfre Private Equity FCR.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Mapfre Private Equity FCR | $360.65M | 2 |
Closing Date | |
|---|---|
Fund | Mapfre Private Equity FCR |
Fund Type | |
Status | |
Amount | $360.65M |
Sources | 2 |
MAPFRE Partners & Customers
10 Partners and customers
MAPFRE has 10 strategic partners and customers. MAPFRE recently partnered with Tractable on January 1, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/10/2022 | Vendor | United Kingdom | MAPFRE and Tractable join forces to apply AI to auto claim adjustment in Brazil – Tractable MAPFRE , the largest Spanish multinational insurance group in the world , and Tractable are collaborating to help MAPFRE customers have their cars repaired more efficiently , with the help of AI . | 2 | |
10/7/2021 | Partner | Spain | Strategic Partnership: Koa Health and MAPFRE to improve mental health in Costa Rica Strategic Partnership : Koa Health and MAPFRE to improve mental health in Costa Rica . | 1 | |
8/10/2021 | Partner | United States | `` This joint venture expands our long-standing and successful partnership with AAA , '' said MAPFRE CEO Jaime Tamayo . | 1 | |
7/12/2021 | Partner | ||||
7/1/2021 | Partner |
Date | 1/10/2022 | 10/7/2021 | 8/10/2021 | 7/12/2021 | 7/1/2021 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United Kingdom | Spain | United States | ||
News Snippet | MAPFRE and Tractable join forces to apply AI to auto claim adjustment in Brazil – Tractable MAPFRE , the largest Spanish multinational insurance group in the world , and Tractable are collaborating to help MAPFRE customers have their cars repaired more efficiently , with the help of AI . | Strategic Partnership: Koa Health and MAPFRE to improve mental health in Costa Rica Strategic Partnership : Koa Health and MAPFRE to improve mental health in Costa Rica . | `` This joint venture expands our long-standing and successful partnership with AAA , '' said MAPFRE CEO Jaime Tamayo . | ||
Sources | 2 | 1 | 1 |
MAPFRE Team
5 Team Members
MAPFRE has 5 team members, including current Chief Financial Officer, Daniel Quermia.
Name | Work History | Title | Status |
|---|---|---|---|
Daniel Quermia | Chief Financial Officer | Current | |
Juan Manuel Gironella García | Caser Seguros, and Winterthur Life & Pensions | Chief Executive Officer | Former |
Leire Jimenez | Chief Executive Officer | Former | |
Carlos Alberto Landim | Chief Executive Officer | Former | |
Jose Manuel Martinez | Chief Executive Officer | Former |
Name | Daniel Quermia | Juan Manuel Gironella García | Leire Jimenez | Carlos Alberto Landim | Jose Manuel Martinez |
|---|---|---|---|---|---|
Work History | Caser Seguros, and Winterthur Life & Pensions | ||||
Title | Chief Financial Officer | Chief Executive Officer | Chief Executive Officer | Chief Executive Officer | Chief Executive Officer |
Status | Current | Former | Former | Former | Former |
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