MAPFRE

MAPFRE and Cyberwrite Join Forces to Promote Cyber Protection for SMEs with AI

Retrieved on: 
Wednesday, November 29, 2023

With the stakes so high, insurers need more data to help them understand and manage risk.

Key Points: 
  • With the stakes so high, insurers need more data to help them understand and manage risk.
  • MAPFRE , a leading insurer in Spain, and technology provider Cyberwrite , a leading global provider of cyber insurance technology, have joined forces to help the insurer's clients reduce the risk of cyber-attacks with Artificial Intelligence (AI).
  • Cyberwrite leverages artificial intelligence to offer on-demand, real-time cyber risk analysis through its 4SEEN® algorithm .
  • In seconds, Cyberwrite can generate multilingual reports with contextual cyber data, comparing companies worldwide to industry peers, regulatory framework gap analysis, and financial quantification of potential losses.

MAPFRE Insurance Accelerates Digital Adoption with Selection of One Inc’s ClaimsPay® Solution

Retrieved on: 
Wednesday, November 1, 2023

One Inc , the leading digital payments network for the insurance industry, announced today that MAPFRE Insurance has selected One Inc’s ClaimsPay ® digital payment solution.

Key Points: 
  • One Inc , the leading digital payments network for the insurance industry, announced today that MAPFRE Insurance has selected One Inc’s ClaimsPay ® digital payment solution.
  • Headquartered in Webster, Massachusetts, MAPFRE Insurance writes property and casualty insurance in 11 states across the United States through a network of more than 3,000 independent agents and brokers.
  • MAPFRE Insurance selected an insurance-focused partner with a proven track record in modernizing the payee experience to expand customer choice beyond payment by check.
  • We are proud that carriers like MAPFRE Insurance are choosing One Inc for claims payment transformation.”

AM Best Affirms Credit Ratings of MAPFRE México, S.A.

Retrieved on: 
Wednesday, October 18, 2023

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • For information on the meaning of ratings, structure, voting and the committee process for determining the ratings and monitoring activities, relevant sources of information and the frequency for updating ratings, please refer to Guide to Best’s Credit Ratings .
  • AM Best does not validate or certify the information provided by the client in order to issue a credit rating.
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of MAPFRE S.A.’s Rated Operating Subsidiaries

Retrieved on: 
Wednesday, October 18, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of MAPFRE S.A.’s (MAPFRE) rated operating subsidiaries.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of MAPFRE S.A.’s (MAPFRE) rated operating subsidiaries.
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect MAPFRE’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
  • MAPFRE’s operating performance is strong, demonstrated by the 10-year (2013-2022) weighted average return-on-equity and combined ratios of 10.6% and 96.5%, respectively (as calculated by AM Best).

AM Best Affirms Credit Ratings of MAPFRE Panamá S.A.

Retrieved on: 
Wednesday, October 18, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of MAPFRE Panamá S.A. (MAPFRE Panamá) (Panama City, Panama).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of MAPFRE Panamá S.A. (MAPFRE Panamá) (Panama City, Panama).
  • AM Best expects MAPFRE Panamá to resume positive technical results in the short term through its ongoing strict claims and expense containment strategies.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of MAPFRE Fianzas, S.A.

Retrieved on: 
Wednesday, October 18, 2023

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • MF’s ratings reflect its strategic importance to and alignment with MAPFRE Internacional S.A., as well as the synergies and operating efficiencies derived from being a group member of MAPFRE S.A., the leading insurer in Spain.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A.

Retrieved on: 
Thursday, September 7, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. (Solunion) (Spain).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. (Solunion) (Spain).
  • Solunion is the operating holding company of the Solunion group of companies, a 50-50 joint venture between the MAPFRE group and Allianz Trade.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Fundación MAPFRE names three finalists from U.S. in global Social Innovation Awards

Retrieved on: 
Friday, March 3, 2023

Fundación MAPFRE today announced that three projects from the U.S. will advance to its Social Innovation Awards grand finale in May.

Key Points: 
  • Fundación MAPFRE today announced that three projects from the U.S. will advance to its Social Innovation Awards grand finale in May.
  • In addition to the three projects from the U.S., other finalists competing for the Social Innovation Awards are from Spain, Germany, Brazil, Chile and Guatemala.
  • In addition, all finalists will have access to MAFPRE’s innovation network, a community of finalists from previous Social Innovations Awards contests and experts offering coaching, events and opportunities to share knowledge and collaborate on transformational projects.
  • We are excited for them to compete on a global stage for the Social Innovation Awards.”

Earnix Welcomes New CEO to Lead Next Stage of Global Expansion

Retrieved on: 
Wednesday, January 11, 2023

Mr. Gilthorpe will be taking over the helm from Mr. Udi Ziv, who served as the company’s CEO over the past six years.

Key Points: 
  • Mr. Gilthorpe will be taking over the helm from Mr. Udi Ziv, who served as the company’s CEO over the past six years.
  • In his most recent role at Insurtech innovator Salty, Gilthorpe served as Chief Operating Officer, generating a nine-figure outcome in sale to CDK Global.
  • “I am thrilled to be joining Earnix at this crucial time in the global economy,” said Robin Gilthrope, incoming CEO at Earnix.
  • “I believe now is the time to move on to my next endeavor as the company prepares for its next stage of international expansion.

MAPFRE Insurance Named a 2022 WWCMA WorkWell Massachusetts Awards Winner for Exemplary Worksite Health Promotion

Retrieved on: 
Friday, December 23, 2022

MAPFRE Insurance is proud to have been named a 2022 WorkWell Massachusetts Awards program Award Winner in the large group category for exemplary worksite health promotion.

Key Points: 
  • MAPFRE Insurance is proud to have been named a 2022 WorkWell Massachusetts Awards program Award Winner in the large group category for exemplary worksite health promotion.
  • WorkWell Massachusetts Awards is a corporate award program created by WWCMA, a not-for-profit member organization dedicated to the advancement of worksite wellness programs.
  • WWCMA is partnering with Healthiest Employers, a trusted national awards program that recognizes people-first organizations taking a proactive approach to employee health.
  • MAPFRE was recognized for their best practices in employee health and well-being and received their WorkWell Massachusetts Award at a special celebration event December 13 in Woburn, MA.