MAPFRE Boosts European Direct Auto Business with Direct Line Group Subsidiaries Acquisition

The transaction, which MAPFRE says reflects its multi-channel customer-centric approach, brings the carrier 1.6 million new clients and 714 million euros of premium in two of Europe’s largest and fastest growing markets, Italy and Germany.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.