The company is committed to continuing to make progress in building a diverse workforce, encouraging work-life balance and raising awareness in society of equal opportunities.
MAPFRE Malta reinforce its commitment towards corporate social responsibility during Coronavirus pandemic
Despite the challenging times caused by the COVID-19 pandemic, MAPFRE Malta has remained committed to its corporate social responsibility objectives, namely to protect the health of its employees, collaborators, clients, and other individuals and entities who were negatively affected by the COVID-19 crisis; and its commitment to the implementation of several social welfare projects carried out by Fundación MAPFRE throughout 2020.
For the fourth consecutive year, Fundacion MAPFRE has partnered up with Inspire Foundation, through a generous donation that will allow specialised services for children and adults with a disability to continue. The sum of €53,000 has been contributed to cover the running costs of one of Inspire’s therapeutic facilities - the Multi-Sensory Rooms (MSR).
The consulting firm KKS Advisors, has just published the results of a test it conducted among companies comprising the S&P 500 and FTSEuroFirst indices. the study is very timely in terms of economic consequences of COVID-19. MAPFRE appears in the first quartile of the ranking, which groups together those companies that were awarded the highest scores.
A kit for detecting HPV, a collaborative mobile app to help people with disabilities check the accessibility of specific locations, and a financial solution that provides access to care homes for people in need are the winners of the third edition of the Fundación MAPFRE Awards for Social Innovation, which are promoted by IE University.
During 2019, MAPFRE Malta, comprising of MAPFRE Middlesea and MAPFRE MSV Life, registered a profit before tax of €20.1 million, 8.2% higher when compared to the previous year. After tax, the Group generated a profit of €15.5 million, 10.5% higher than the previous year. The total assets of the Group increased by 12.8% and totalled €2.62 billion. These results were announced by MAPFRE Middlesea Chairman Martin Galea during the Group’s 39th Annual General Meeting, which was streamed live on the company’s website on the 27th October.
Nine projects that improve people’s lives in the final of the third edition of the Fundación MAPFRE Awards for Social Innovation
The nine selected projects offer genuine solutions to real problems in the fields of health, mobility and insurance innovation.
Screening is a crucial preventive measure and, even during the pandemic, prevention is still essential. Breast cancer also affects men, although less frequently.
Antonio Huertas highlights that this "is a new milestone in our firm commitment to gender equality, and reflects the spirit of MAPFRE as a diverse and inclusive company".
Along with business leaders from more than 100 countries, MAPFRE recognizes that peace, justice and strong institutions are beneficial to the long-term viability of our organizations.
Fundación MAPFRE has supported the health system in Honduras to help fight the pandemic and save lives.
MAPFRE has approved a broad renewal of its management teams in order to advance its strategic objectives and strengthen its capacities in the main regions where it currently operates. The preliminary objective is to strengthen the Group’s ability to respond effectively to both economic and social challenges within a complex global context.
Over the past three months, the Company has raised almost 11,000 euros in this country, with which it has purchased food and other basic necessities for the families who need them the most.
MAPFRE launches its third call for startups to jointly develop innovative solutions in less than six months
Insur_space by MAPFRE has launched a new call to attract initiatives from around the world that want to grow in the insurance market. The third edition of this call for startups is aimed at companies in the early stage or growth phase that already have a product in the insurance market and want to scale, or want to enter the sector through an alliance.
Fundación MAPFRE announces grants worth 240,000 euros to carry out research projects in health promotion
Fundación MAPFRE has launched a new edition of the research aid program for an amount of 240,000 euros, aimed at researchers or research teams in the academic and professional field who wish to develop programs independently or within the framework of universities, hospitals, companies or centers to which they are attached.
It´s one of the leading international barometers for measuring the performance of companies in terms of sustainability, and which recognizes the company's excellence in relation to environmental, social and corporate governance practices.
The incorporation of the two-time world champion is a motivating lever for the team, of which MAPFRE is one of the main sponsors in the framework of the alliance with Renault.
MAPFRE AM, the manager of the insurance group, and Global Social Impact Investments SGIIC (GSI) are joining forces to provide financing to companies with high social impact on both frontier and emerging markets.
Fundación MAPFRE allocates 1 million euros to issue 10,000 food cards for families most affected by the crisis
To help these families recover, Fundación MAPFRE has created the Family Food Card, which will be distributed to socially vulnerable families with children through 30 social welfare organizations throughout Spain.
The nine projects selected provide real solutions to real health, mobility and insurance innovation problems.
The MAPFRE Malta business training programme for 2020 was originally planned as classroom training. However, due to the extraordinary circumstances presented by the Coronavirus, they had to be creative and agile by revamping their training programme in its entirety to online training. This was only possible due to the excellent teamwork that is prevalent within the Group along with the great partnership offered by PwC in terms of both training coordination and communication to the MAPFRE Sales Network. MAPFRE Malta is comprised of MAPFRE Middlesea and MAPFRE MSV Life.
MAPFRE has decided to take an important step in alternative investment, specifically in private equity.
MAPFRE participated in the UN Target Gender Equality initiative to promote commitment to gender equality
"Inequalities are unfair on the individuals subjected to them but are also harmful to society as a whole.
This month, several employees from MAPFRE Malta, which is comprised of MAPFRE Middlesea and MAPFRE MSV Life, will be celebrating World Blood Donor Day by donating blood towards the National Blood Transfusion Unit (NBTU). MAPFRE Malta recognise the universal need for safe blood, which time after time has played a critical role in both treatments and urgent interventions. Thus, the company will do their part in helping ensure that a safe and sustainable blood supply is readily available for those who need it.
MAPFRE Malta has donated €5,000 towards the Malta Trust Foundation, which runs, amongst others, the Food Aid Project aimed at helping out families in need.
MAPFRE Malta recently made a contribution of food items consumed during the period of Ramadan by members of the local refugee community in Malta. The initiative was coordinated by TAMA, a mental health service provider dedicated towards providing aid to vulnerable communities in Malta..
Fundación MAPFRE, a nonprofit foundation of the MAPFRE Group, has donated 100,000 facemasks to Malta.
In an effort to support clients in these difficult times and to ease some of the financial burden many are experiencing, MAPFRE Middlesea are introducing additional benefits to their clients.
FUNDACIÓN MAPFRE ALLOCATES 35 MILLION EUROS TO STOP THE SPREAD OF COVID-19, HELP FAMILIES, AND CREATE JOBS
Today, in light of the emergency created by the coronavirus crisis, Fundación MAPFRE announced its plans to allocate 35 million euros to various international projects aiming to better protect the population against the virus, help society's most disadvantaged groups, and help the world to get out of this crisis with the least possible impact.
MAPFRE will donate €5 million to the Spanish National Research Council, to accelerate the investigation into COVID-19
MAPFRE will donate five million euros to the Spanish National Research Council (CSIC) to accelerate research in Spain
Throughout 2020, Fundación MAPFRE will continue in their efforts to generate awareness towards road safety measures by educating children and the public in general on road safety measures.
In February, MAPFRE, which is comprised of MAPFRE Middlesea and MAPFRE MSV Life, showed their support towards the patients at the Rainbow Ward in Mater Dei Hospital by organising an event for them in collaboration with Puttinu Cares.
In 2020, MAPFRE Middlesea have once again renewed their support towards the Maltese Association of the Sovereign Military Order of Malta (MASMOM) with the help of a voluntary pilgrimage to Lourdes for ill people and their families.
MAPFRE Malta Highlights of Socially Responsible Activities held in 2019
FUNDACIÓN MAPFRE LAUNCHES THE TENTH EDITION OF THE JULIO CASTELO MATRÁN INTERNATIONAL INSURANCE AWARD
The winner will receive a cash prize of 30,000 euros
19 year-old loggerhead turtle by the name of Tama due to its miraculous comeback, has been released today at Golden bay.
Doctors for Road Safety (D4RS) launched in the beginning of October 2019 the 6th edition of Fundacion MAPFRE Street Smart Road Safety Campaign with the aim of promoting road safety awareness through educational sessions held at Schools across Malta.
In the last four years, MAPFRE Middlesea employees together with the Chairman and CEO have decided to collect a number of funds together in order to donate them towards a good cause. Every year, the management of the company chooses a different cause whereby the employees may contribute in the spirit of giving.
MAPFRE Malta rounded off this year’s activities dedicated towards corporate social responsibility with an activity held at the Little Sisters of the Poor situated in Hamrun, whereby employees from both MAPFRE Middlesea and MAPFRE MSV Life organised a small party for the home’s residents.
MAPFRE Economic Research forecasts Non-Life premiums growth of less than 3 percent in the global insurance market during 2019–2020
For the first time, MAPFRE Economic Research has evaluated the performance and prospects of Non-Life premiums growth in 38 markets (33 countries and 5 regions), as part of its report “Growth Forecasts for Insurance Markets: Non-Life.”
Following the successful event of MAPFRE’s Global Volunteering Day held in October, the company continued to strengthen its commitment towards environmental sustainability by teaming up with BirdLife Malta in order to aid restoration of sand dune habitats. Josianne Briffa, Chief Compliance Officer of MAPFRE MSV Life, organised this event in collaboration with BirdLife Malta.
MAPFRE's revenues in the first nine months of the fiscal year rose to 21.62 billion euros, representing a 6.5 percent increase on the same period of the previous year, with premiums growing by 2.5 percent to 17.65 billion.
MAPFRE Malta implement new Behavioural Training in conjunction with the MAPFRE Global #DigitalChallenge. This behavioural training is being facilitated within the framework of MAPFRE’s strategic initiative and commitment towards digital transformation. Training, which comprises of an overall of 9 sessions of 7 hours each, has been delivered to over 300 employees across MAPFRE Middlesea, MAPFRE MSV Life and MAPFRE Middlesea Assist. Additionally, 2 more sessions are being delivered to the leaders of the aforementioned companies, consisting of training up to 12 hours for all Managers and Senior Managers within those entities.
The Multi-Sensory Rooms at Inspire Foundation are being sponsored once more by Fundacion MAPFRE, a non-profit institution within the MAPFRE Group. The generous sum of €51,000 was contributed to cover the running costs of this service for the upcoming year, through which hundreds of children benefit.
Towards the end of the month, MAPFRE Malta continued to celebrate Pink October by encouraging all employees to come to the office wearing pink in order to further raise awareness for breast cancer.
MAPFRE’s asset management company has been listed in the ‘Avant Gardist’ category of the H&K Responsible Investment Brand Index, which identifies the European firms in the sector who are most committed to Socially Responsible Investment.