Mutua Madrileña

About Mutua Madrileña

Mutua Madrileña Group has spent 90 years caring for what matters most: people. It is currently a business group operating in Spain, Chile, and Colombia, leading the general insurance ranking in Spain and is the third largest insurance group in the country. Its insurance activity primarily covers auto, motorcycle, home, life, and accident lines. In addition to insurance, Mutua also has a significant presence in asset management. Mutuactivos, its investment fund and pension plan manager, is the leading independent manager of banking groups in the country, and through Mutua Inmobiliaria, the company manages a total of 25 office buildings for rent in prime areas of the capital. With the evolution of society, technology, and mobility, Mutua Group has further diversified its activities in recent years to adapt to new needs. Thus, it has launched an internal and external innovation strategy that seeks to involve the entire organization in the improvement of processes and services through the Mutua Innova program and the creation of an open innovation laboratory to develop insurtech startups. In addition to the general area of innovation, Mutua has focused on analyzing new forms of mobility. Through this strategic line, Mutua is already a shareholder in Movo and Chipi App, among others.