WEBSTER, Mass., May 16, 2016 /PRNewswire/ -- MAPFRE Insurance recently received an "A+" Accreditation rating from the Better Business Bureau (BBB), in all of the 19 states where it conducts business. MAPFRE Insurance shares in the BBB's values of placing trust at the forefront of all business practices.
"We are extremely proud to receive accreditation from the BBB at their highest rating," said Jaime Tamayo, President and CEO of MAPFRE North America. "Our strong commitment to building relationships based on trust is upheld through this accreditation."
BBB Accreditation requires that MAPFRE Insurance adhere to very high ethical standards and is dedicated to the values of trust and integrity in all of its actions including the BBB Principles for Trust; Build Trust, Advertise Honestly, Tell the Truth, Be Transparent, Honor Promises, Be Responsive, Embody Integrity, and Safeguard Privacy.
ABOUT MAPFRE INSURANCE
MAPFRE Insurance, rated "A" (Excellent) by A.M. Best Company, actively writes property and casualty insurance in 19 states across the United States through a network of more than 4,200 independent agents and brokers. MAPFRE Insurance is the 19th largest provider of personal automobile insurance and the 20th largest personal lines insurer in the United States. MAPFRE Insurance is also the largest private passenger automobile insurer, homeowners' insurer and commercial automobile insurer in Massachusetts. MAPFRE Insurance provides a full range of insurance products, including coverage for automobiles, homes, motorcycles, watercraft and businesses, as well as term life insurance. MAPFRE Insurance is part of the MAPFRE Group, a global insurance company present in five continents. It is the benchmark insurer in the Spanish market, the leading multinational insurance group in Latin America and one of the top 10 insurance companies in Europe in terms of premium volume. MAPFRE employs more than 38,000 professionals and services approximately 34 million clients. In 2015, the MAPFRE Group had net earnings of over $780 million with revenues of approximately $30 billion.
ABOUT BBB: For more than 100 years, Better Business Bureau has been helping people find businesses, brands and charities they can trust. In 2015, people turned to BBB more than 172 million times for BBB Business Reviews on more than 5.3 million businesses and Charity Reports on 11,000 charities, all available for free at bbb.org. The Council of Better Business Bureaus is the umbrella organization for the local, independent BBBs in the United States, Canada and Mexico, as well as home to its national programs on dispute resolution, advertising review, and industry self-regulation.
Assistant Vice President
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SOURCE MAPFRE Insurance