What is the full meaning of MAPFRE?

MAPFRE stands for "Mutua Madrileña de Accidentes de Trabajo, Fondos de Riesgos ExtraordinariOS." It originated in Spain as a mutual insurance company focused on work-related accidents and has since expanded into a global insurance and reinsurance provider, offering a wide range of financial services. The name reflects its roots in mutual insurance, emphasizing collaboration and support among members.