- Entity: MAPFRE
On the occasion of MAPFRE Middlesea’s 40th anniversary, the company has enhanced its facilities so that the employees could enjoy a nicer environment whilst having a series of health benefits such as a gym, a recreational area with table tennis, a new canteen and chill out area. As part of the renovations and improvements, there are also a number of meeting rooms named MAPFRE Middlesea Vaults and a large conference area fully equipped with the latest technology, also geared to meet the demands of virtual meetings.
This month the company will start the restauration of its façade which will bring the building back its former glory. This project is expected to be concluded in 18 months.
MAPFRE Middlesea CEO Javier Moreno remarked that these new facilities are twofold: aimed to contribute towards the well-being of all employees, which in turn will deliver a better service to their customers maintaining Middlesea’s forty-year reputation as a trustworthy insurer .
Middlesea Insurance p.l.c. was registered in 1981 as the first Maltese insurance company transacting general business. In 1983, the company also started writing life business. In 1994, Middlesea was the first insurance company to be listed on the Malta Stock Exchange, and founded Middlesea Valletta Life Assurance Co. Ltd (now MAPFRE MSV Life plc) in partnership with Bank of Valletta p.l.c., to focus solely on life business. In 2011, MAPFRE Internacional obtained a majority shareholding in Middlesea Insurance p.l.c., and as at that date, the company became a member of the MAPFRE Group.
In 2015, Middlesea Insurance changed its name to MAPFRE Middlesea p.l.c. , thus enabling it to benefit from its association with the MAPFRE global brand, whilst retaining the goodwill generated by the local Middlesea brand.
MAPFRE Middlesea p.l.c. (C-5553) is authorised by the Malta Financial Services Authority (MFSA) to carry on both Long Term and General Business under the Insurance Business Act, Cap 403 of the Laws of Malta. MAPFRE Middlesea p.l.c. is regulated by the MFSA.