MAPFRE ASISTENCIA REACHES AN AGREEMENT WITH TELMEX IN MEXICO TO OFFER ASSISTANCE FOR TABLETS, LAPTOPS AND PCs

MAPFRE ASISTENCIA has signed an agreement with the Mexican telecommunications company Telmex to offer the product “Extended Warranty” targeted at the technological devices of this operator.

“Extended Warranty” is a unique and innovative product in the insurance market, which provides assistance cover for computers, laptops or tablets after the manufacturer’s warranty expires. This MAPFRE ASISTENCIA’s product will be available to those customers who purchase these technology devices as well as the programme’s card in any of the 388 stores that Telmex has in the country.

MAPFRE operates in Mexico since 1990 and currently it develops Direct Insurance operations in that country, both for individuals and small and medium-sized enterprises and for large corporations and multinational companies; Assistance and Reinsurance.

The subsidiary of MAPFRE ASISTENCIA, which is present in Mexico since 1991, specialises in Assistance and Specialty Risks, and it offers comprehensive solutions to its clients in four main industries: insurance, automotive, finance and tourism.

MAPFRE ASISTENCIA has a direct presence in 43 countries, more than 1,550 corporate clients, 195 million beneficiaries and it operates across the globe. Its business strategy stands out due to its capacity to anticipate and adapt to the needs of its clients.

MAPFRE is the leading Spanish insurance group, which is present in 46 countries in the insurance, reinsurance and assistance markets. The Group leads the Non-Life business in Latin America and ranks sixth in this same line in Europe. MAPFRE has nearly 35,000 employees and more than 23 million customers worldwide. In 2011, it achieved a net result of €963 million and revenues in excess of €23,530 million. MAPFRE is listed on the Madrid and Barcelona Stock Exchanges and is included in the IBEX 35.