Network Partner Profile

• Formed in 1951. Part of Seguros MAPFRE since 2009.
• Within the top 5 market players.
• Specialises in group health business, but also provides main coverages such as group term life, accidental death and disability solutions.
• Total written premium 2009 exceeded USD 10.1 million. Insured members total approximated 20,000 for Group Life Business, 35,000 in Health Care and 15,000 members for Personal Accident.
• Well-known in the market for excellence of service, having gained ISO certification for life and health care business, expertise and solid financial backing.
• Mapfre Group is rated A+ by Standard & Poor’s in 2010.
• Member of the Swiss Life Network since 2008.

• Underwriting experience, administrative support for medical cost management and loss ratio control. Cost-efficient company.
• Flexible and efficient service focusing on the client’s needs and requirements.
• Customised solutions for local, regional and multinational companies.
• Best services offered through PPO-basic dental examination, preventive programmes, and special discounts with our providers for all family members; administrative support for our clients; special training programmes for clients and insureds.
• Attractive assistance package (e.g. 24-hour service, ambulance, doctor home visit for minor home emergencies).

Types of Benefit - Coverage available and poolable:

• Group Life
• Disability Pension / Lump Sum (riders)
• Accidental Death & Dismemberment
• Burial Coverage
• Medical

• Founded in 1979. Belongs to the Occidente Financial Group, which has more than a century of experience in Guatemala, making it the most prestigious group in the market.
• Offers both life and non-life insurance including group life, endowment, medical, and accidental death and dismemberment.
• Largest life insurance company in Guatemala.
• Total premium income in 2009 exceeded GTQ 140 million, of which life and group life insurance accounted for GTQ 96 million.
• The first insurance company to obtain a risk rating by Fitch Ratings in 2002. Currently rated “AA-” stable, the highest rating in the Guatemalan market, re-assigned by Fitch Ratings in December 2010.
• Member of the Swiss Life Network since 1989.
  

• In special cases a profit commission of up to 30% of the risk premium is offered, this may be used to reduce premiums or to increase the sums insured.
• Personalised service through highly systemised processes with which the insured employees or employers can check and monitor their coverages, including claims management.
• 24 hours service for health emergencies, everyday.

Types of Benefit - Coverage available and poolable:

• Group Life
• Accidental Death & Dismemberment
• Medical

Financial Products available:

• Company–Specific Portfolios