About MAPFRE Insurance
MAPFRE Insurance is a company based in Majadahonda (Spain) founded in 1935 was acquired by Plymouth Rock Assurance in June 2018.. MAPFRE Insurance offers products and services including Auto Insurance, Property Insurance, Business Insurance, and Umbrella Insurance. MAPFRE Insurance operates in a competitive market with competitors including Branch, Gilsbar, WFG National Title Insurance Company, Brown & Brown and Andover Companies, among others.
- Headquarter Majadahonda, Spain
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Mapfre Insurance Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Plymouth Rock Assurance
(Jun 14, 2018)
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Products & Services of MAPFRE Insurance
MAPFRE Insurance offers a comprehensive portfolio of products and services, including Auto Insurance, Property Insurance, Business Insurance, and Umbrella Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Protects vehicles from accidents, theft, and damages for personal use.
Insures homes and properties against fire, weather, and other risks.
Provides protection for businesses against liability and operational losses.
Offers extra liability protection beyond standard policies for assets.
Funding Insights of MAPFRE Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MAPFRE Insurance
MAPFRE Insurance has secured backing from 1 investor. Prominent investors backing the company include Plymouth Rock Assurance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Auto & home insurance company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MAPFRE Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MAPFRE Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mapfre Insurance Comparisons
Competitors of MAPFRE Insurance
MAPFRE Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Branch, Gilsbar, WFG National Title Insurance Company, Brown & Brown and Andover Companies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Auto and home insurance solutions are provided by Branch.
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Offers business insurance coverage and employee benefits consulting for companies.
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| domain | founded_year | HQ Location |
Provides title insurance, closing services, and real estate support nationwide.
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| domain | founded_year | HQ Location |
Internet first provider of property, casualty, workers compensation, surety & aviation insurance services
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| domain | founded_year | HQ Location |
Provides insurance products for personal and business protection via agents.
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| domain | founded_year | HQ Location |
Provides online renters, residential flood, and business owners insurance services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mapfre Insurance
Frequently Asked Questions about MAPFRE Insurance
When was MAPFRE Insurance founded?
MAPFRE Insurance was founded in 1935.
Where is MAPFRE Insurance located?
MAPFRE Insurance is headquartered in Majadahonda, Spain. It is registered at Majadahonda, Community Of Madrid, Spain.
Who is the current CEO of MAPFRE Insurance?
Jaime Tamayo is the current CEO of MAPFRE Insurance.
What does MAPFRE Insurance do?
Mapfre was founded in 1935 in Majadahonda, Spain, and functions as a diversified insurance carrier. A variety of insurance products is offered across multiple sectors, including life, non-life, and reinsurance. Operations are managed from headquarters in Spain, with activities extending to international markets. The company is led by CEO Jaime Tamayo, focusing on risk management and client coverage in diverse regions.
Who are the top competitors of MAPFRE Insurance?
MAPFRE Insurance's top competitors include Branch, Brown & Brown and Gilsbar.
What products or services does MAPFRE Insurance offer?
MAPFRE Insurance offers Auto Insurance, Property Insurance, Business Insurance, and Umbrella Insurance.
Who are MAPFRE Insurance's investors?
MAPFRE Insurance has 1 investor. Key investors include Plymouth Rock Assurance.
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