Mapfre Mexico
MAPFRE Mexico is a multi-line insurer and subsidiary of Spain's MAPFRE group, offering auto, home, life, health, travel, surety, and commercial insurance to individual consumers and businesses across Mexico through 51 offices, digital platforms, and partner networks.
- Company typePublic
- Founded1933
- HeadquartersMexico City, Mexico
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Mapfre Mexico does
MAPFRE Mexico (legal name MAPFRE México S.A.) is the Mexican operating subsidiary of MAPFRE, the Spanish-headquartered multinational insurance group (publicly traded on the Spanish stock exchange under ticker MAP). Founded as part of MAPFRE's 90+ year insurance heritage, the company operates as a comprehensive multi-line insurer in Mexico, offering products across auto, motorcycle, home, life, health, travel, pet, personal accident, and basic coverage lines for individual consumers, alongside commercial offerings including multiple enterprise insurance, SeguPyME for SMEs, agricultural, credit, and surety bonds (Fianzas) for businesses.
The company runs a hybrid multi-channel distribution model combining proprietary digital platforms (cotizadorautos.mapfre.com.mx, hogar.mapfre.com.mx, salud.mapfre.com.mx, motos.mapfre.com.mx, plus Segurviaje for travel) that enable real-time online quotation and instant policy issuance; a 51-office physical branch network spanning all 32 Mexican states; an agent network managed through the ZonAliados portal; call center sales via toll-free 800 numbers; and a Global Risks division for large enterprise accounts. Supporting technology includes online claims status tracking, document submission portals, and a Consultorio Virtual telemedicine service for major medical policyholders. The ecosystem is reinforced by partnerships with hospital networks (Hospital San Ángel Inn, Centro Médico Dalinde, Christus Muguerza, Grupo MAC) and automotive dealers (Honda, Chevrolet, Renault, GIMSA) offering 10-20% discounts to MAPFRE policyholders.
Revenue is generated through recurring insurance premiums across all product lines, with pricing varying by coverage tier, deductible, and risk profile. MAPFRE Fianzas, the surety subsidiary, achieved a 26.1% increase in net premiums written in 2024 with a 14.3% loss ratio and 77% combined ratio, and holds AM Best financial strength ratings of A (Excellent), a+ (Excellent) Long-Term Issuer Credit Rating, and aaa.MX (Exceptional) Mexico National Scale Rating. The parent MAPFRE group operates in 38 countries, serves over 30 million customers globally, and ranks 9th among European insurance groups by premium volume.
Mapfre Mexico firmographics
Firmographics- Name
- Mapfre Mexico
- Legal name
- MAPFRE México S.A.
- Website
- https://mapfre.com.mx
- Company type
- Public
- Founded year
- 1933
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- MAPFRE Mexico is a multi-line insurer and subsidiary of Spain's MAPFRE group, offering auto, home, life, health, travel, surety, and commercial insurance to individual consumers and businesses across Mexico through 51 offices, digital platforms, and partner networks.
- Ownership category
- akta.pro rank
Mapfre Mexico industry classification
Industry- Product category
- Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524), Other Direct Insurance (except Life, Health, and Medical) Carriers (524128), Direct Life, Health, and Medical Insurance Carriers (52411)
- akta.pro primary industry
- Large Commercial Package (National Accounts) (FSAJAFAC)
Keywords
Where Mapfre Mexico is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Offices2 records
Markets served
Mapfre Mexico business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property and Casualty Insurance Premiums: Core insurance premiums from auto, home, business, agricultural, credit insurance, and surety bonds (fianzas). Premium revenue is generated through policy subscriptions with underwriting risk managed through reinsurance.
- Travel Insurance (Segurviaje): Travel insurance product sold for individual or collective coverage, providing emergency medical assistance, trip protection, and related services for travelers.
- Health and Life Insurance Premiums: Major medical expenses insurance and life insurance products including individual, family, and group policies with various coverage levels and sums insured.
- Surety Bonds (Fianzas): Surety bond products including administrative, credit, fidelity, judicial, and other bond categories for business clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Auto Insurance - Multiple coverage tiers from basic to premium |
| Subscription | Annual | Major Medical Expense Insurance - Multiple hospital network tiers |
| Subscription | Monthly | Home Insurance - Hogar Bien Seguro |
| Subscription | Pay-as-you-go | Travel Insurance - Segurviaje |
| Subscription | Monthly | Motorcycle Insurance - Multiple coverage tiers |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels5 records
Mapfre Mexico product offering
Product offeringCore offering
MAPFRE Mexico underwrites and distributes a broad portfolio of personal and commercial insurance products, including auto, motorcycle, home, life, major medical, travel, personal accident, pet, business, SME, agricultural, credit, and surety bond coverages. Policies are sold through proprietary online quotation platforms, a network of 51 branch offices, licensed agents, call centers, and partnerships with healthcare providers and automotive dealers. The company operates as the Mexican subsidiary of the global MAPFRE Group.
Product overview
MAPFRE Mexico operates as a comprehensive insurance provider offering an extensive portfolio of personal, business, and specialty insurance products. The personal lines include auto insurance (with Amplio Premium, Amplio MAPFRE, Tú Eliges, Limitado, Responsabilidad Civil, and tourist auto variants), motorcycle insurance (Élite, Amplio, Limitado, Responsabilidad Civil), home insurance (Hogar Bien Seguro), major medical/health insurance (Gastos Médicos Mayores, Protección Médica a Tu Medida, colectivo plans), life insurance (term, whole life, savings, retirement, and investment-linked), travel insurance (Segurviaje), personal accident, and pet insurance. Business offerings encompass enterprise insurance (multiple business, contractors, aviation, cargo), SeguPyME for SMEs, agricultural insurance, credit insurance, and surety bonds (Fianzas). The company also provides corporate group health and life products. MAPFRE Mexico is part of the global MAPFRE group operating in 38 countries.
Differentiator
Problem solved
Functional benefit
Brands
- Segurviaje: Travel insurance product offering coverage for medical emergencies, trip cancellations, baggage loss, and other travel-related protections.
Products and services
- https://www.mapfre.com.mx/seguros-auto/ Multi-tier auto insurance for individuals covering material damage, theft, civil liability, medical expenses, legal defense, and roadside assistance; offered in Amplio Premium, Amplio MAPFRE, Tú Eliges, Limitado, and Responsabilidad Civil variants.
- https://www.mapfre.com.mx/seguro-auto-turista/ Auto insurance for foreign-plated vehicles driving in Mexico, issued same-day with comprehensive, limited, and basic liability coverage options.
- https://www.mapfre.com.mx/seguros-moto/ Motorcycle insurance in Élite, Amplio, Limitado, and Responsabilidad Civil tiers covering material damage, theft, civil liability, medical expenses, accessories, helmet replacement, and unlimited roadside assistance through 207 multi-brand workshops.
- https://www.mapfre.com.mx/seguros-hogar/seguro-hogar-bien-seguro/ Home insurance covering structure, contents, common areas, natural disasters, robbery, electronics, civil liability, medical expenses for assault, home assistance, and online protection with flexible payment options.
- https://www.mapfre.com.mx/seguros-gastos-medicos/ Major medical insurance covering hospitalization and medical expenses for accidents or illness, available as individual, family, group, indemnizatory, and standardized basic plans with options for dental, vision, and international coverage.
- https://www.mapfre.com.mx/seguros-vida/ Life insurance portfolio including term plans (Tiempo Seguro, Temporal Preferente, Temporal Básico Estandarizado, Temporal UNO), whole life (Vida Entera), savings plans (Ahorro Mixto, Devolución Vida), funeral services, educational savings (Superación Plus), retirement (Mi Jubilación), and Unit Linked investment-linked products.
- https://www.mapfre.com.mx/seguro-de-viaje/ Travel insurance providing emergency medical assistance, accidental death coverage, civil liability, baggage protection, repatriation, hotel convalescence, and emergency dental for travelers outside their country of origin, with coverage from 1 to 365 days.
- https://www.mapfre.com.mx/seguros-accidentes-personales/ Personal accident insurance offered as Basic Standardized, Individual, and School/Collective plans covering accidental death and injury.
- https://www.mapfre.com.mx/seguro-mascotas/amigo-seguro/ Pet insurance providing veterinary expense coverage and protection for household pets.
- https://www.mapfre.com.mx/empresas/seguros-empresariales/ Multi-line commercial insurance including Multiple Business Insurance, Contractors Equipment/Machinery, All Risk Assembly, Civil Liability, Cargo Transport, Aviation, Fire, Contractors All Risk, and Small Pleasure Vessels coverage for larger enterprises.
- https://www.mapfre.com.mx/empresas/seguro-segupyme/ Insurance products designed for small and medium enterprises covering commerce businesses with exclusive coverages and benefits tailored to the SME segment.
- https://www.mapfre.com.mx/empresas/seguros-agropecuarios/ Crop and livestock insurance protecting farmers and agricultural enterprises against weather events, pests, fires, and diseases.
- https://www.mapfre.com.mx/empresas/seguros-credito/ Credit insurance products including Póliza Innova, Póliza Pyme for export, Póliza World Program, and Póliza Mid-Size for domestic credit coverage.
- https://www.mapfre.com.mx/empresas/fianzas/ Surety bond products including Administrative Bonds, Credit Bonds, Fidelity Bonds, Judicial Bonds, and other surety services for guaranteeing business obligations, underwritten by MAPFRE Fianzas.
Quantifiable outcome
- Contained loss ratio of 14.3% and combined ratio of 77% in 2024
- +3 more outcomes
Companies that use Mapfre Mexico
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Mapfre Mexico technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mapfre Mexico partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Hospital San Ángel Inn (Multiple Locations)coreHospital provider network partnership offering 15-18% discounts on medical expenses for MAPFRE policyholders. Partner locations include Patrioticismo, Chapultepec, Universidad, and Sur branches. Discounts apply to insured's portion of expenses with some exclusions for surgical packages, honorariums, and specialized materials.
- Hospital Centro Médico DalindecoreHospital provider offering 18% discount on medical expenses for MAPFRE life insurance policyholders. Includes admission package, extra bed during hospitalization, with some exclusions for surgical packages and specialized materials.
- Hospital Real San Jose (Guadalajara)coreHospital provider in Jalisco offering 10% discounts on laboratory services, imaging services, hospital services, and rooms for MAPFRE policyholders.
- Hospital Christus Muguerza Betania (Puebla)coreHospital provider offering preventive health checkup packages at preferential prices, urgent care consultation discounts, and 50% discounts on laboratory and imaging for MAPFRE policyholders.
- Hospitales de Grupo MACcoreNational hospital network offering 10% discounts on laboratory and imaging services for MAPFRE medical expense policyholders.
- Honda CoyoacanminorAutomotive dealer partnership offering 10% maintenance discount (preventive or corrective) on labor at all national branches, plus 10% on parts sales for MAPFRE auto insurance policyholders.
- Chevrolet TlalnepantlaminorAutomotive dealer partnership offering 10% maintenance discount on labor at all national branches for MAPFRE auto insurance policyholders.
- GIMSA Automot Los ReyesminorAutomotive dealer partnership offering 20% maintenance discount on labor and 15% on parts sales for MAPFRE auto insurance policyholders.
- Autos Galia Queretaro (Renault)minorAutomotive dealer partnership (Renault Queretaro) offering 15% maintenance discount on labor at all national branches for MAPFRE auto insurance policyholders.
- México AsistenciacoreRoadside assistance and home assistance services provider offering preferential rates for grua (towing), battery jump, tire change, fuel delivery, locksmith, plumber, electrician, and pharmacy services through connection to preferred provider network.
- Cristakar (Vitro Glass Solutions)minorGlass and automotive services partner offering discounts on window tinting (20% residential, 30% automotive security film), windshield polishing, alarm systems, GPS devices, and glass replacement services for MAPFRE auto and home policyholders.
- RUNSA (National Auto Parts)minorNational auto parts retailer offering 5% discount on any product (except online line) for MAPFRE auto policyholders nationwide.
- Fundación MAPFREcoreNon-profit foundation created by MAPFRE in 1975 developing activities of general interest for social welfare including road safety, health, culture, arts, education, and research in insurance and risk management. Operates in 29 countries through five specialized areas: Social Action, Culture, Health and Prevention, Road Safety, and Insurance and Social Security.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Mapfre Mexico competitors and assessment
Company assessmentDirect peers
- Quálitas Controladora: Quálitas is the leading auto insurance specialist in Mexico with dominant market share in the auto segment. It competes head-on with MAPFRE Mexico's largest product line (auto) and represents the most concentrated competitive threat in personal auto.
- Allianz México: Allianz México operates as a multi-line insurer in Mexico offering P&C, life, and health products through agents and digital channels. Its global backing parallels MAPFRE's and it competes for the same corporate and individual customers.
- BBVA Seguros: BBVA Seguros is the captive insurance arm of BBVA México, distributing life, auto, home, and accident products through the bank's massive branch network. It competes with MAPFRE Mexico's bancassurance and individual lines through superior banking-channel reach.
- MetLife México: MetLife México is a leading life and health insurance provider in Mexico, particularly strong in group life via employer channels. It directly competes with MAPFRE Mexico's life and group benefits business.
- Seguros Monterrey New York Life: Seguros Monterrey is the dominant life insurance carrier in Mexico and a subsidiary of New York Life. It directly competes with MAPFRE Mexico's life insurance portfolio and is a primary benchmark in the individual and group life segments.
- Grupo Nacional Provincial (GNP): GNP is one of Mexico's largest multi-line insurance carriers, offering auto, life, home, and health insurance to individuals and businesses. It is the most directly comparable domestic competitor to MAPFRE Mexico across product breadth and customer base.
- Zurich México: Zurich México is a multi-line insurer offering auto, home, life, and commercial insurance as the local subsidiary of Zurich Insurance Group. Its global parent parallels MAPFRE's structure and its commercial focus overlaps MAPFRE's enterprise and surety segments.
- AXA México: AXA México is a major multi-line insurance carrier offering auto, home, life, health, and business insurance in Mexico. As a global insurer subsidiary competing across all of MAPFRE Mexico's core lines, it is a direct peer on product, distribution, and target market.
- HDI Seguros México: HDI Seguros is a multi-line insurer in Mexico (subsidiary of German HDI Group) offering auto, home, life, and business products. Its commercial and SME focus parallels MAPFRE's enterprise and surety offerings.
Broad incumbents
- Banorte Seguros: Banorte Seguros is the insurance arm of Grupo Financiero Banorte, distributing life, auto, and accident products through Mexico's largest domestic bank. It is a broad incumbent in bancassurance distribution that MAPFRE Mexico competes against for consumer share.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Mapfre Mexico social profiles
Digital presenceMapfre Mexico financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mapfre Mexico leadership team
Management profileNumber of profiles
Profiles1 record
Mapfre Mexico funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mapfre Mexico M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mapfre Mexico
What does Mapfre Mexico do?
MAPFRE Mexico underwrites and distributes a broad portfolio of personal and commercial insurance products, including auto, motorcycle, home, life, major medical, travel, personal accident, pet, business, SME, agricultural, credit, and surety bond coverages. Policies are sold through proprietary online quotation platforms, a network of 51 branch offices, licensed agents, call centers, and partnerships with healthcare providers and automotive dealers. The company operates as the Mexican subsidiary of the global MAPFRE Group.
Is Mapfre Mexico a public or private company?
Mapfre Mexico is a public company. It is classified as corporate owned and is currently operating.
When was Mapfre Mexico founded?
Mapfre Mexico was founded in 1933. It employs 1,001 to 5,000 people.
Where is Mapfre Mexico based?
Mapfre Mexico is headquartered in Mexico City, Mexico, in the Latin America region.
How does Mapfre Mexico make money?
Four revenue lines are on record. Property and Casualty Insurance Premiums are the primary driver. The others are travel Insurance (Segurviaje), health and Life Insurance Premiums and surety Bonds (Fianzas).
Who are Mapfre Mexico's main competitors?
Direct peers on record are Quálitas Controladora, Allianz México, BBVA Seguros, MetLife México, Seguros Monterrey New York Life, Grupo Nacional Provincial (GNP), Zurich México, AXA México and HDI Seguros México. Banorte Seguros is listed as a broad incumbent.
Does Mapfre Mexico have an API?
No public API is recorded for Mapfre Mexico.
What industry is Mapfre Mexico in?
Mapfre Mexico's product category is Insurance. Its primary akta.pro industry code is FSAJAFAC, Large Commercial Package (National Accounts). Its NAICS code is 52412.