Seguros Previsión Mallorquina

Name

Seguros Previsión Mallorquina

Legal name

La Previsión Mallorquina de Seguros, S.A.

Website

https://previsionmallorquina.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Specialty Insurance for Self-Employed Workers

NAICS

Insurance Carriers and Related Activities (524), Direct Health and Medical Insurance Carriers (524114)

SIC

Insurance Carriers, Nec (6399), Accident & Health Insurance (6321)

akta.pro primary industry

Business Overhead Expense (BOE) Disability Insurance (FSAIAIAJ)

akta.pro secondary industries

Individual/Retail Critical Illness & Hospital Indemnity (FSAIAKAE), Standalone Critical Illness Insurance (FSAIAKAA)

Keywords

• Self-employed insurance
• Income protection insurance
• Disability insurance
• Critical illness coverage
• Hospitalization insurance

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Insurance Premiums: Recurring premium payments from policyholders for various insurance products including occupational sick leave, hospitalization, serious illness, and funeral coverage. Premiums are paid monthly, quarterly, semi-annually, or annually with discounts for less frequent payments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Seguros Previsión Mallorquina is a Spanish insurance company that sells specialty insurance products to self-employed workers (autónomos) and professionals, providing daily income protection during sick leave, hospitalization, critical illness, accidents, and funeral coverage. The company offers eight distinct insurance policies sold directly online and through a national distributor network, with premiums starting from €6/month for hospitalization and €30/month for work disability coverage.

Product overview

Seguros Previsión Mallorquina is a Spanish insurance company founded in 1969, operating as La Previsión Mallorquina de Seguros, S.A., that specializes in insurance products for self-employed professionals (autónomos) and individuals. The company offers a portfolio of eight distinct insurance products centered on income protection and health coverage. The core offering is the work disability insurance (Seguro de baja laboral) providing compensation during illness or accident, complemented by hospitalization insurance, critical illness coverage, accident hospitalization, medical expense reimbursement with a provider network (CS24 card), hospitalization plus convalescence coverage, funeral insurance, and medical on-call insurance for hospital physicians. The product portfolio is designed specifically for Spanish self-employed workers, with most products available for direct online purchase through the company's website.

Differentiator

Problem solved

Functional benefit

Products and services

• Seguro de baja laboral (Work Disability Insurance) Insurance product providing daily financial compensation when the policyholder cannot work due to illness or accident. Covers temporary total disability with daily payments starting from €30/month.
• Seguro de hospitalización (Hospitalization Insurance) Insurance providing daily compensation for each day of hospitalization exceeding 24 hours, covering hospital stays due to illness or accident, starting from €6/month.
• Seguro de enfermedades graves (Critical Illness Insurance) Insurance providing compensation for temporary disability caused by specified critical illnesses including heart attack, cancer, kidney failure, organ transplant, multiple sclerosis, stroke, Parkinson's, severe burns, and heart valve replacement.
• Seguro de hospitalización por accidente (Accident Hospitalization Insurance) Insurance providing daily compensation for hospitalization due to accidental injuries, with no waiting period or deductible for accident-related hospitalization.
• Seguro de reembolso de gastos médicos (Medical Expense Reimbursement Insurance) Insurance with two modalities: Basic covering outpatient diagnostic tests (MRI, CT scans), and Complet covering hospital medical expenses. Features CS24 card providing access to 22,000+ healthcare providers with preferential pricing.
• Seguro de hospitalización plus IT (Hospitalization Plus Temporary Disability Insurance) Comprehensive insurance covering both hospitalization and subsequent recovery period, providing daily compensation during hospital stay and continued coverage during convalescence while on work disability. Exclusive for self-employed individuals aged 16-65.
• Seguro de decretos (Funeral/Burial Insurance) Insurance covering funeral service expenses, available to individuals up to 70 years old with national coverage including transfer to burial location within Spain.
• Seguro de guardias médicas (Medical On-Call Insurance)

Quantifiable outcome

• Policy activates immediately upon digital signature
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Broad incumbents

• Mapfre: Spain's largest insurance group with broad P&C, health, and life offerings including autónomos-specific coverage. Comparable because it competes directly for the same self-employed customer base but offers a much wider product portfolio and international scale.
• Axa Seguros Spain: Spanish arm of global insurer AXA offering health, accident, and life products. Comparable for serving Spanish professionals and autónomos with overlapping accident and health indemnity products backed by global scale.
• Mutua Madrileña: One of Spain's largest insurance groups offering auto, health, life, and disability products to individuals and professionals. Comparable because it serves Spanish autónomos with multi-line coverage but operates at materially greater scale across all of Spain.
• Catalana Occidente: Spanish insurance group with strong credit and P&C franchises plus growing health lines. Comparable as a Spain-based multi-line insurer competing for individuals and self-employed professionals with overlapping coverage.
• Reale Seguros: Italian-origin insurance group with Spanish operations offering P&C, health, and life products. Comparable as a mid-to-large incumbent serving Spanish individuals and professionals with overlapping health and accident coverage.
• Zurich Seguros Spain: Spanish operations of Zurich Insurance Group offering life, health, and accident coverage including products for self-employed professionals. Comparable as a multi-line insurer with overlapping specialty health and disability offerings in Spain.

Direct peers

• Adeslas: Leading Spanish health insurer (part of Mutua Madrileña group) offering health, hospitalization, and supplemental medical coverage. Comparable for its focus on Spanish healthcare products including offerings tailored to professionals and self-employed workers.
• Fiatc Mutua: Spanish mutual insurer historically serving professionals and autónomos with health, dental, and accident products. Closely comparable as a Spain-focused, professional-oriented insurance carrier with a similar niche target customer.
• DKV Seguros: Spanish health insurer specializing in medical, hospitalization, and specialist professional coverage. Comparable for its health insurance portfolio targeting Spanish professionals and its presence across all Spanish provinces.
• Sanitas: Spanish health and hospitalization insurance carrier (part of Bupa) covering individuals, families, and professionals. Directly comparable product overlap on hospitalization, critical illness, and medical expense reimbursement for the Spanish self-employed segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/SegurosPrevisionMallorquina
• Xx.com/segurospm
• LinkedInlinkedin.com/company/seguros-prevision-mallorquina

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Seguros Previsión Mallorquina