masmom

MAPFRE Middlesea supports The Maltese Association of the Sovereign Military Order of Malta

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.

Upon the formulation of the organization, MASMOM’s mission pertained to both Religious and Hospital based activities, and has since been at the service of the poor, the sick, refugees and marginalized communities for many years. Moreover, MASMOM takes care of the elderly, the disabled, the homeless, refugees, the terminally ill, lepers, children and drug addicts on a daily basis in more than 100 countries around the world.

The Lourdes Pilgrimage is one of the main highlights of their annual religious activities, with much preparation going into the selection of the ill as well as the planning and execution of their transport to and from Lourdes. In such endeavours, MASMOM’s primary focus is to alleviate the burden of illnesses and disabilities predominantly amongst the young.

“As a company, we are happy to have pledged our support towards MASMOM for 2020,” said Felipe Navarro, President and Chief Executive Officer of MAPFRE Middlesea. “The work being done by MASMOM in their efforts to make it possible for ill people and their families to embark on this pilgrimage is outstanding. Honestly, it is so refreshing to see the patients still smiling despite their current circumstances, and for that reason we feel honoured to be supporting this initiative.”

MAPFRE Malta reinforce its commitment towards corporate social responsibility during Coronavirus pandemic

MAPFRE Malta reinforce its commitment towards corporate social responsibility during Coronavirus pandemic

MAPFRE Middlesea p.l.c., as a standalone Company, registered a turnover of €75.12 million in gross premium written, a 1.0% increase over FY2019 registering a marginal increase in its market leadership share. In a year dominated by the COVID-19 pandemic, premium growth was severely depressed, with the market only marginally increasing in volume as economic activity slowed down. Technical results improved over previous year as the near lockdown months and the lack of tourist visiting the island affected favourably the claim frequency particularly in Motor. Fewer large losses occurred during the year with a lower effect on results compared to the previous year.

read more
Fundacion MAPFRE sponsors therapeutic facility at Inspire Foundation

Fundacion MAPFRE sponsors therapeutic facility at Inspire Foundation

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).

read more