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MAPFRE RE partners with ICEYE to enhance flood data capabilities for reinsurance assessments.

Jul 02, 202514 days ago

Contract Type

partnership

MadridInsuranceFinancial Services

Description

MAPFRE RE has formed a partnership with ICEYE to leverage satellite-based data for estimating losses from flood events. This collaboration aims to improve loss assessments and support effective communication during such events.

Company Information

Company

MAPFRE RE

Location

Madrid, Community Of Madrid, Spain

About

At MAPFRE, we are committed to protecting what is most important to you. That's why, we are the largest Spanish insurer in the world, the largest multinational insurance company in Latin America and one of the 15 largest European groups in terms of premium volume. With 90 years of experience, we are proud to provide innovative insurance solutions and services to protect people and companies across the globe. Our corporate purpose is about being by your side every step of the way, accompanying you to move forward with peace of mind, contributing to the development of a more sustainable and supportive society. Because our raison d'être is to work every day giving the best of ourselves, always standing by the almost 31 million customers who trust in us. We have a presence on the five continents, guaranteeing solvency, promoting innovation, providing the best service and acting with integrity. At MAPFRE, we believe in people power. Our multicultural, diverse team is the driver of our success, making our vision and mission possible, contributing talent, passion and experience on a daily basis. If you want to know more about MAPFRE, visit the “Life at the company” section of our website. Welcome to MAPFRE!

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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