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Mutua Madrileña's Overview

Total employees1994
HeadquartersMadrid
Founded1930

Mutua Madrileña Automovilista, S.A. a Seguros y Reaseguros a Prima Fija, widely known as Mutua Madrileña, stands as one of Spain's foremost insurance companies. Established in 1930, it provides an extensive array of insurance products, including auto, home, health, life, and accident coverage. Beyond its core insurance business, the Mutua Madrileña Group has diversified its portfolio, venturing into asset management via Mutuactivos and real estate through Mutua Inmobiliaria. Operating predominantly within Spain, the company is recognized for its customer-first philosophy, strong financial solvency, and dedication to corporate social responsibility.

Where is Mutua Madrileña's Headquarters?

HQ Function

The headquarters serves as the central command for strategic planning, corporate governance, primary insurance operations, investment management (Mutuactivos), real estate activities (Mutua Inmobiliaria), and group-wide administrative functions.

Notable Features:

The headquarters is housed in the Torre de Cristal, designed by César Pelli. It is the tallest building in Spain (249 meters) and is renowned for its contemporary architecture, advanced technological features, and sustainable design, including a rooftop garden.

Work Culture:

The work environment at Mutua Madrileña's headquarters fosters professionalism, teamwork, and a continuous drive for innovation in the insurance and financial services domains. The company places a significant emphasis on employee growth, well-being, and digital transformation.

HQ Significance:

Its location in a prime business district and the architectural eminence of the Torre de Cristal underscore Mutua Madrileña's leadership and financial strength in Spain, facilitating crucial interactions with business partners and attracting top talent.

Values Reflected in HQ: The headquarters embodies Mutua Madrileña's core values of modernity, financial robustness, innovation, customer focus, and a commitment to a sustainable and influential presence in the Spanish and international business arenas.

Location:

While Mutua Madrileña's core market is Spain, the group has strategically expanded its international footprint, particularly in Latin America. This includes significant investments and partnerships, such as its stake in Chile's Bci Seguros and Colombia's Seguros del Estado. These ventures allow Mutua Madrileña to leverage its expertise in insurance, reinsurance, and asset management in growing markets, adapting its successful Spanish model to local contexts.

Street Address:

Paseo de la Castellana, 33

City:

Madrid

State/Province:

Comunidad de Madrid

Country:

Spain

Mutua Madrileña's Global Presence

Barcelona, Catalonia/Spain

Address: Avenida Diagonal, 640, 08017 Barcelona

To strengthen Mutua Madrileña's market penetration in Catalonia, provide localized services to policyholders and intermediaries, and manage regional business development and operational needs.

Seville, Andalusia/Spain

Address: Av. de la República Argentina, 27 B, 41011 Sevilla

To ensure effective service delivery and business growth in Southern Spain, adapting Mutua Madrileña's offerings to the specific requirements of the Andalusian market.

Buying Intent Signals for Mutua Madrileña

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Mutua Madrileña

As of April 2025, Mutua Madrileña' leadership includes:

Ignacio Garralda - Presidente y Consejero Delegado (Chairman & CEO)
Jaime Kirkpatrick - Director General de Seguros y Nuevos Negocios (General Manager of Insurance and New Businesses)
Juan Hormaechea - Director General de Mutuactivos (General Manager of Mutuactivos)
Víctor Zambrana - Director General Adjunto de Medios y Transformación Digital (Deputy General Manager of Resources and Digital Transformation)
Rafael González-Palenzuela - Director General Adjunto de Negocio Asegurador (Deputy General Manager of Insurance Business)

Investors of Mutua Madrileña

Mutua Madrileña has been backed by several prominent investors over the years, including:

Mutua Madrileña is a mutual insurance company, which means it is owned by its policyholders rather than by shareholders. Its profits are typically reinvested into the company to benefit its members or used to lower premiums.

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits1

Mutua Madrileña has experienced key leadership appointments in the past year, notably within its asset management (Mutuactivos) and insurance divisions, reflecting strategic organizational alignments and a focus on growth areas.

Departures

Emilio Colucho, Emilio Colucho departed from his role as Director General of Mutuactivos.

New Appointments:

Juan Hormaechea, Juan Hormaechea was appointed as the new Director General of Mutuactivos.
Jaime Kirkpatrick, Jaime Kirkpatrick's role was expanded to General Manager of Insurance and New Businesses.

Technology (Tech Stack) used by Mutua Madrileña

Discover the tools Mutua Madrileña uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Mutua Madrileña Email Formats and Examples

Mutua Madrileña's corporate email addresses typically follow standardized patterns. The most common format combines an initial with the last name.

[first_initial][lastname]@mutua.es

Format

jdoe@mutua.es

Example

75%

Success rate

News and media

El ConfidencialMay 2, 2024

Mutua Madrileña Completes Acquisition of 20% of Alantra Wealth Management

Mutua Madrileña finalized its acquisition of a 20% stake in Alantra Wealth Management, a move aimed at creating a leading independent private banking entity in Spain by combining Mutuactivos' capabilities with Alantra WM....more

Europa Press / El EconomistaFebruary 29, 2024

Mutua Madrileña Achieves €431 Million Profit in 2023, a 6.4% Increase, and Plans €300 Million Investment

Mutua Madrileña reported a net profit of €431 million for 2023, up 6.4% from the previous year. The insurance group also announced plans to invest €300 million to boost its growth in the health and mobility sectors....more

ExpansiónApril 10, 2024

Mutua Madrileña Reinforces Health Insurance Segment by Integrating CAM's Brokerage

Mutua Madrileña has strengthened its health insurance operations by integrating the insurance brokerage activities of the Colegio Oficial de Médicos de Madrid (ICOMEM). This strategic move enhances the capabilities of SegurCaixa Adeslas, its health insurance subsidiary....more

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