Latin America. The objective of the alliance is to offer greater support to the residential and commercial segments, articulating insurance policies and security systems in the same service.
Thanks to this, Prosegur Alarms and Mapfre customers will receive preferential access to the products of both companies and will have better prices for installation and alarm monitoring, choosing between a home or small business security configuration.
Javier Cabrerizo, Global Managing Director of Prosegur, stated that "with this agreement we are making progress in the expansion of our business in Latin America together with a leading partner in the insurance sector, bringing together two key elements for protection in the home and in commerce".
Initially, this accompaniment will be available in Uruguay and Paraguay. Subsequently, it will be offered in the other Latin American markets.
Diversification of the insurance offer
Through its partnership with Prosegur, the insurance company Mapfre hopes to increase the penetration of its products and services. In addition, it hopes that the effectiveness of Prosegur Alarms in terms of risk prevention will contribute to the reduction of the accident rate.
"Mapfre aspires to have the best range of products and services in the region. To this end, our policy is to partner with the best in each country and, without a doubt, Prosegur will help us enrich and enhance the service that our Latin American customers receive," said Jesús Martínez Castellanos, CEO of Mapfre in Latin America.

