La Previsión Mallorquina de Seguros, S.A.

Name

La Previsión Mallorquina de Seguros, S.A.

Legal name

La Previsión Mallorquina de Seguros, S.A.

Website

https://laprevisionmallorquina.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Sick Leave and Disability Insurance

NAICS

Direct Health and Medical Insurance Carriers (524114)

SIC

Accident & Health Insurance (6321)

akta.pro primary industry

Business Overhead Expense (BOE) Disability Insurance (FSAIAIAJ)

akta.pro secondary industries

Guaranteed Issue & Simplified Issue Critical Illness/Hospital Indemnity (FSAIAKAG), Voluntary/Worksite Critical Illness & Hospital Indemnity (Employee-Paid) (FSAIAKAF)

Keywords

• Sick leave insurance
• Disability income protection
• Self-employed insurance
• Hospitalization indemnity
• Professional insurance Spain

Headquarters

HQ city

Palma de Mallorca

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, Infrastructure

Revenue model

1. Baja Laboral Insurance Premiums: Collection of insurance premiums for labor sick leave coverage. The company specializes exclusively in baja laboral (incapacidad temporal) insurance products for self-employed and liberal professionals.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

La Previsión Mallorquina de Seguros, S.A. is a specialized Spanish insurance company that designs and underwrites sick leave (baja laboral), hospitalization indemnity, and hospital expense reimbursement policies primarily for self-employed workers (autónomos), liberal professionals, and freelancers. The flagship ÉLite-pm product offers daily income benefits of up to 400 euros during periods of temporary incapacity, with no medical examination required and worldwide coverage. The company complements insufficient Spanish Social Security benefits by providing tailored income protection products distributed through a national network of insurance mediators.

Product overview

La Previsión Mallorquina de Seguros, S.A. is an insurance company specializing in sick leave (baja laboral) and illness insurance for professionals, freelancers, and self-employed workers since 1969. The company offers a portfolio of insurance products centered on income protection during disability. Core products include: (1) Seguros de Baja Laboral as the main product line, (2) Élite-pm as the flagship premium sick leave insurance offering up to 400 euros daily with worldwide coverage and no waiting periods, (3) Seguro de Reembolso de Gastos Hospitalarios for hospital expense reimbursement with worldwide coverage, and (4) Seguro de Indemnización por Hospitalización providing daily indemnity for hospitalizations. The company operates through the iMediador platform for intermediaries. La Previsión Mallorquina positions itself as the leader in the enfermedad-subsidios (illness-benefits) sector in Spain.

Differentiator

Problem solved

Functional benefit

Brands

• Élite-pm: Disability insurance product for liberal professionals, freelancers and self-employed workers with daily benefits up to 400 euros, worldwide coverage, and no medical examination required.

Products and services

• Seguros de Baja Laboral
• ÉLite-pm
• Seguro de Reembolso de Gastos Hospitalarios
• Seguro de Indemnización por Hospitalización

Quantifiable outcome

• Up to 400 euros daily benefit during sick leave
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered minor and core.

• Fundación AuditoriumminorStrategic or Co-development Partner · 26 April 2018Agreement with Fundación Auditorium to educate and raise awareness about baja laboral insurance. The partnership focuses on 'making pedagogy' about the importance of sick leave insurance protection.
• Colegio de Mediadores de ZaragozacoreChannel Partner/ Reseller/ Distributor · 1 April 2018Renewed collaboration agreement with the College of Insurance Mediators of Zaragoza. Previsión Mallorquina continues organizing training sessions in the institution's facilities, while the College allows use of its premises. Demonstrates commitment to mediation as distribution channel.
• Mutua TinerfeñacoreChannel Partner/ Reseller/ Distributor · 22 February 2018Distribution agreement allowing Mutua Tinerfeña to distribute La Previsión Mallorquina's baja laboral insurance products. Mutua Tinerfeña operates 40 offices across the seven Canary Islands with a network of 250 agents, expanding the company's distribution reach in the archipelago.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• DKV Seguros: Specialist Spanish health insurer focused on medical, hospital, and supplementary health coverage. Highly comparable to La Previsión Mallorquina's hospital indemnity and reimbursement products within the same Spanish health insurance market.
• Previsora General (Grupo Mutua Madrileña): Spanish insurer focused on health, accident, and income protection products for professionals and individuals. Strongly comparable to La Previsión Mallorquina's niche focus on sick-leave and protection products for Spanish professionals.
• Divina Pastora Seguros: Spanish mutual insurer specializing in health and accident coverage, including daily indemnity products for hospitalization and incapacity. Closely comparable niche focus on protection products for individuals and professionals in Spain.

Broad incumbents

• Adeslas (SegurCaixa Adeslas): Leading Spanish health insurance carrier offering medical and hospital coverage for individuals and groups. Competitor in the broader Spanish health and disability protection market where La Previsión Mallorquina operates.
• Mapfre: Spain's largest insurance group with a broad portfolio including health and life protection. While primarily a generalist, it competes with specialty players like La Previsión Mallorquina in accident, health, and disability income products.
• Generali España: Spanish subsidiary of Generali offering life, health, and accident insurance. Competes with La Previsión Mallorquina in accident and disability income protection across Spain.
• Mutua Madrileña: Large Spanish mutual insurer offering health, auto, home, life and protection products. Although broadly diversified, it overlaps with La Previsión Mallorquina in providing health and disability-related protection for Spanish individuals and professionals.
• Catalana Occidente: Spanish insurance group with credit, health, life, and protection lines. Overlaps with La Previsión Mallorquina in protection-type insurance products for individuals and SMEs in Spain.
• Sanitas: Major Spanish health insurer offering health plans, hospital coverage, and supplementary benefits. Overlaps with La Previsión Mallorquina in providing protection products for Spanish professionals and individuals.
• Caser Seguros: Spanish multi-line insurer with health, life, and accident products. Overlaps with La Previsión Mallorquina in accident and health protection for Spanish individuals and professionals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/la-previsi%C3%B3n-mallorquina-de-seguros-s.a.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 La Previsión Mallorquina de Seguros, S.A.