Our customer

This cathegory includes:

• Companies or business groups that, in line with their corporate insurance policy, require comprehensive management to issue policies in several countries or, where applicable, a combination of local and master policies to provide comprehensive coverage.
• Those companies or business groups that have their own reinsurance company, to reinsure their risks either totally or partially.
• Companies with a Global Employee Benefits Program: multinational companies that offer their employees some form of insurance for life and accident coverage, in the field of health or social protection and which have a centralized or coordinated purchasing process for this insurance, through what are known as Global Employee Benefit Programs. Companies that operate internationally with long-term displaced workers, or expatriates, also fall within this classification, who together with their families require specialized health insurance.

Companies in the following sectors are included in this category:

• Aerospace: Risks related to commercial aviation, general aviation, executive aviation, manufacturers of aviation components, airport operators, service providers within the airport, aircraft maintenance companies, and space and satellite risks.
• Maritime: Risks related to navigating, building, and repairing ships. Protection and Indemnity risks and risks related to fishing boats, leisure vessels, and boats restricted to navigating in inland waterways or ports are not covered within the scope of GLOBAL RISKS.
• Energy: Risks related to the oil and gas and electricity sectors: Nuclear energy and integrated companies (power generation and distribution) or generation plants with individual installed capacity in excess of 100 MW.In the case of renewable energy operations that meet the requirements set out in the MAPFRE GLOBAL RISKS Renewable Energy product, available in various countries, no minimum for installed power capacity will be required.
• Construction and major infrastructure: All risks located outside Spain that are under construction and have a construction cost in excess of USD 100 million, or EUR 500 million for projects in Spain, will be considered to belong to the global construction sector.
  Moreover, all transport, energy, and water infrastructure, as well as any other infrastructure requiring completed civil engineering risk hedging are considered to belong to this major global infrastructure sector when they include insured assets of an amount exceeding USD 100 million.
• Mining: Open-pit and underground extraction of metallic minerals (copper, gold, silver, bauxite, iron, etc.), non-metallic minerals (clay, quartz, granite, marble, etc.), or energy sources. Additionally, the activity carried out in processing plants following initial extraction is also considered to be mining-related (crushing, concentration, etc.).

These are local companies or business groups with annual revenue (annual turnover) greater than the limits established by MAPFRE GLOBAL RISKS, as adapted to the particularities and needs of each country.