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Antonio Huertas

Antonio Huertas

Group Executive Chairman of Mapfre

Appears in 1 story

Notable Quotes

The diversified business model allows us to be optimistic for the second half of the year.

Stories

Spain's Mapfre buys Massachusetts auto insurer Safety in $1.54 billion deal

Money Moves

Driving Mapfre's US expansion through the Safety purchase

Safety Insurance sells car and home coverage to drivers in Massachusetts, New Hampshire, and Maine. On July 24, 2026, its board agreed to sell the whole company to Spain's Mapfre for about $1.54 billion in cash. Shareholders get $105 a share, a 44% jump over the prior day's close. The stock rose more than 40%.

Updated 56 minutes ago