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Mapfre La Seguridad

Mapfre La Seguridad C.A. de Seguros

72Score
★★★☆☆3.5

Customer satisfaction · 200K members

SUDEASEG: Top 5 Insurer(2024)

Mapfre La Seguridad is the Venezuelan subsidiary of the global Mapfre group from Spain. Originally Seguros La Seguridad (acquired by Mapfre in the 1990s), it brings international standards and multi-line coverage adapted for the Venezuelan context.

Overall Score

72/100

Founded

1943

Headquarters

Caracas

Type

private
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Key Metrics

Market Share

4.32%

Parent Group

Mapfre S.A. (Spain)

Financial Rating

S&P: A (parent)

Product Range

Multi-line

Editorial Ratings

SUDEASEG: Top 5 Insurer(2024)

Rating: Top 5 by market share — 4.32% (2024) (max: #1)

72SUDEASEG

Coverage Highlights

  • ✓Part of global Mapfre group from Spain
  • ✓International standards and processes
  • ✓Multi-line coverage (health, auto, property, etc.)
  • ✓Spanish parent company provides financial stability
  • ✓Adapted policies for Venezuelan context

Pros

  • ✓Global Mapfre backing with S&P: A parent rating
  • ✓International standards
  • ✓Financial stability of parent company
  • ✓Multi-line insurance coverage

Cons

  • ✗Smaller Venezuelan market share (4.32%)
  • ✗International operations complicated by Venezuela's situation
  • ✗Premium pricing

Frequently Asked Questions

Is Mapfre La Seguridad internationally rated?

Mapfre's parent company (Mapfre S.A. of Spain) holds an S&P credit rating of A, providing strong financial credibility.

What is Mapfre La Seguridad's history in Venezuela?

Originally Seguros La Seguridad, the company was acquired by the Spanish Mapfre group in the 1990s. It retains its Venezuelan heritage while benefiting from international backing.

Does Mapfre offer more than health insurance?

Yes. Mapfre La Seguridad is a multi-line insurer offering health (HCM), auto, property, and other insurance products in Venezuela.

Quick Summary

InsurerMapfre La Seguridad
Country🇻🇪 Venezuela
Overall Score72/100
Satisfaction3.5/5
Members200K
Typeprivate
Founded1943

Other Insurers in Venezuela

Mercantil Seguros

private

85

/ 100

Seguros Caracas

private

78

/ 100

Seguros Internacional

private

72

/ 100

Seguros Oceanica

private

68

/ 100

La Venezolana de Seguros

private

65

/ 100

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