Radar > 242905

Sabadell and Mapfre sign partnership in Mexico

Sabadell y Mapfre firman alianza en México

Intel ID : 242905
Synopsis

Banco Sabadell (BME:SAB), a Spain-based bank, signed a partnership with Mapfre (BME:MAP), a Madrid, Spain-based insurance company, with the aim of providing services in the insurance sector in Mexico, reported El Economista on 28 November 2016.

Specifically, Sabadell has joined Mapfre as an exclusive provider of insurance for their corporate clients in Mexico, a sector in which the company aims to position itself as a reference entity in the country.

The alliance includes Mapfre's announced strategy of seeking partners in markets like Mexico's to accelerate its growth.
(content in spanish)

Banco Sabadell (BME: SAB), entidad bancaria española, ha firmado una alianza con Mapfre (BME:MAP), aseguradora española con sede en Madrid, con el objetivo de brindar servicios en el sector de seguros en México, según ha informado El Economista el 28 de noviembre de 2016.

En concreto, Sabadell ha incorporado a la Mapfre como proveedor exclusivo de seguros para sus clientes corporativos en México, un sector en el que aspira a situarse como entidad de referencia en el país.

La alianza abarca la estrategia declarada de Mapfre de buscar aliados en mercados como el mexicano para acelerar su crecimiento.

Intel ID 242905
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Banco Sabadell
(31 Dec 2019)
Date
Country
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Subsector (Old TTR Sectors)
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.03 Insurance Brokerage
25 Financial Services / 25.02 Insurance

Country
Website
Description

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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