At MAPFRE, we have a strong culture and set of processes that guide our operations across all countries. With the support and advice of our local legal teams, we adapt as needed to specific local conditions, always ensuring alignment with our core culture and established processes.

What are your organisations plans in the LATAM region over the next 12 months and how will your legal expertise help to achieve these plans?

Extend our business in all countries in B2B2C channels and oversight the new regulation changes in the region.

What specific challenges have you encountered when managing legal issues related to Latin American markets from a European perspective, and how has your team addressed these challenges?

In Europe, regulations and national legislation are very similar across the European Union, which simplifies handling legal matters. In contrast, each country in Latin America has its own unique legal system. While there is a strong influence from Spanish and French law, each country has developed its legal framework differently, meaning that what applies in one country may not be effective in another. This diversity adds an exciting dimension to working with Latin American countries.