Inicio > Risks Management and Insurance Magazine > News > The contributions from MAPFRE in the fight against coronavirus add up to more than 200 million euros

mapfre-moviliza

The contributions from MAPFRE in the fight against coronavirus add up to more than 200 million euros

This figure is boosted by an increase in protection for SMEs and the self-employed (up to 60 million euros), and by measures to maintain provider revenues (55 million euros), among other things.

MAPFRE continues to mobilize resources to protect the health of its employees, collaborators and clients in all countries where it operates. The aim is to assist economic recovery and job retention, especially for the self-employed, SMEs and its providers; and to provide resources, especially healthcare equipment, to the wider society to help overcome the effects of this pandemic.

This week saw the launch of the MAPFRE Compromiso Sanitario fund, which will provide 50 million euros for the health system in Madrid. Across Spain, the company increased its two main programs offering protection for its clients—mainly the self-employed and SMEs—and advancing payments for its providers. The self-employed and SMEs benefit from automatic discounts on their professional insurance renewals while the state of emergency persists, and other terms. The figure mobilized for this support has grown to 60 million euros. For providers strongly linked to MAPFRE and experiencing very low activity under the lockdown, the insurer is advancing payments now totaling 55 million euros.

As for Fundación MAPFRE, it is continuing its mass distribution of donated medical equipment worth close to 20 million euros, including ventilators, masks and other protective equipment for nearly 30 countries, mainly in Latin America.

Access the full article here.

donwload pdf
The technologies that will shape the future

The technologies that will shape the future

The technological evolution is advancing in a vertiginous and transversal way, transforming everything from our small routines to the most transcendental global business. Impossible to reduce into a small list, here are some of the most relevant technologies that will...

read more
MAPFRE has close ties with brokers and partners in Brazil

MAPFRE has close ties with brokers and partners in Brazil

On Tuesday, March 05, MAPFRE Brasil held a meeting with insurance brokers and partners in the Global Risk industry. The event was attended by Felipe Nascimento, Bosco Francoy and Paola Serrano. In the city of São Paulo, MAPFRE Brasil has strengthened ties with brokers...

read more