The second -Instructor of Spain Mapfre Re has regarded its business structure with the aim of promoting its “strategic objectives”.
The changes, effectively from 1 March, will focus on the development of the life business, together with “strategic, commercial and technical focus, and better relationships with clients and brokers”.
The new structure is also expected to support “agile response” to client needs and an evolutionary market.
Mapfre Re has appointed Javier San Basilio as general manager.
In its new role, Basilio will co -ordinate the regional divisions and take responsibility for developing relationships with large clients and brokers.
A non-group business is now structured to underwrite non-life life and business.
As Assistant General Managers, Carmen Bueso will lead the non -life subscription unit, while Maite González will lead the life business, which includes life, health and accidents functions.
Ricardo Pérez has been appointed the Iberian and Latin American region manager and will become a member of the Mapfre Re management committee.
The company operates across four regional departments: Iberia/Latam, under the supervision of Pérez; APAC, led by Javier Sánchez Cea; EMEA, led by Mark Meyerhoff; and North America, managed by Carlos Sanzo.
Fernando Utrilla will continue to manage the business coming from the Mapfre group.
In addition, Strategy, Communications, Sustainability and Innovation division has been established to provide a “integrated vision” of these aspects, led by Juan Satrústegui.
CEO of Mapfre Re Miguel Rosa said: “These changes will enable us to move forward with greater agility and ambition in the Mapfre Re strategy as we take up even more challenges in the coming years. We will continue to boost the non -life business and drive the development of our life business, where we have a long way to go. “
In December 2024, Mapfre sponsored it first disaster bond For $ 125m (€ 120.98m), designed to protect against catastrophic events such as tropical storms and hurricanes in the US.
“Mapfre Re Refurbished a business structure to drive strategic goals” was originally created and published by Life Insurance InternationalBrand owned by Globaldata.
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