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MAPFRE company logo
Corporation
FINANCE | Insurance
mapfre.es

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Investments

6

Portfolio Exits

3

Funds

1

Partners & Customers

10

About MAPFRE

MAPFRE is an insurance company offering non-life insurance.

MAPFRE Headquarter Location

Carretera de Pozuelo, 52

Madrid, 28220,

Spain

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MAPFRE Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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MAPFRE Rank

Latest MAPFRE News

MAPFRE now accredited for Schengen visa, travel insurance made more affordable

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.

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MAPFRE Investments Activity

investments chart

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

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10

3/25/2019

Series A

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$99M

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10

11/7/2017

Corporate Minority

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10

5/5/2010

Corporate Minority

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10

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

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Amount

$0.4M

$99M

New?

Yes

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Co-Investors

Flavio Dias, Marcos Ferreira, and Undisclosed Investors

Sources

3

10

10

10

10

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

12/11/2020

Acquired - II

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10

10/24/2019

Divestiture

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10

Date

1/20/2022

12/11/2020

10/24/2019

Exit

Acquired - II

Acquired - II

Divestiture

Companies

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Valuation

Acquirer

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Sources

1

10

10

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

$99M

Acquired

1

2/18/2020

$99M

Corporate Majority

1

4/30/2019

$99M

Acquired

2

12/11/2018

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$99M

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10

7/18/2018

Other

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$99M

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10

Date

9/23/2020

2/18/2020

4/30/2019

12/11/2018

7/18/2018

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Corporate Majority

Acquired

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Sources

1

1

2

10

10

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

MAPFRE Insurance and AAA Washington Form Jointly Owned Insurance Company to Serve Customers in Washington and North Idaho

`` This joint venture expands our long-standing and successful partnership with AAA , '' said MAPFRE CEO Jaime Tamayo .

1

7/12/2021

Partner

Spain

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10

7/1/2021

Partner

United States

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10

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

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 .

MAPFRE Insurance and AAA Washington Form Jointly Owned Insurance Company to Serve Customers in Washington and North Idaho

`` This joint venture expands our long-standing and successful partnership with AAA , '' said MAPFRE CEO Jaime Tamayo .

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Sources

2

1

1

10

10

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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