Mapfre Acquiring Tuio Stake; Bolsters Commitment to AI, Digital Innovation

Just a week after revealing a $1.5 billion deal to acquire U.S.-based Safety Insurance Group, Spain’s Mapfre has announced a deal closer to its European roots—taking a 38.9% stake in the Spanish InsurTech Tuio. The Tuio stake strengthens Mapfre’s commitment to innovation and digital business development, according to a statement from the Spanish-owned global insurance … Continued