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MAPFRE Re Reconfigures to Deliver on its Strategic Objectives
MAPFRE Re has reconfigured its organisation to advance with its strategic objectives, including the further development of the Life business, a sharper strategic, commercial and technical focus, and enhanced relationship with clients and brokers. This new structure will facilitate a more agile response to market changes and client needs.
The changes planned, which will take effect on 1 March 2025, are as follows:
Javier San Basilio has been appointed general manager of MAPFRE Re, taking on direct coordination of the regional divisions and responsibility for the development of large clients and brokers, among other functions.
The Non-Group business is to be structured through two lines: Non-Life Underwriting and Life Business. Carmen Bueso will head up Non-Life Underwriting and Maite González will lead Life Business, encompassing the Life, Accident and Health businesses, assuming direct coordination of the regional supervisors for the Life business. Both women take on these responsibilities as assistant general managers.
Ricardo Pérez has also been appointed manager of the Iberia/Latam regional area, and he will also join MAPFRE Re’s Management Committee. The different markets MAPFRE Re operates in are structured across four large regional areas: the aforementioned Iberia/Latam, APAC (led by Javier Sánchez Cea), EMEA (led by Mark Meyerhoff) and North America (with Carlos Sanzo as the most senior manager).
Management of the business coming from the MAPFRE Group remains unchanged with Fernando Utrilla at the helm.
A Strategy, Communication, Sustainability and Innovation area has also been created with the objective of projecting an integrated vision of all these areas, and will be led by Juan Satrústegui.
“These changes will enable us to move forward with greater agility and ambition in the MAPFRE Re strategy as we take on even greater challenges in the coming years. We’ll continue boosting the Non-Life business and drive the development of our Life business, where there are still huge growth opportunties,” said Miguel Rosa, CEO of MAPFRE Re.
Leveraging the talent and knowledge of the company’s professionals across the organisation is a key factor in making this change a reality at MAPFRE Re.
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