Jaime Tamayo returns as President & CEO MAPFRE North America
Jaime Tamayo has succeeded Alfredo Castelo as President and CEO of MAPFRE North America, a position Tamayo held from 2008 to 2016, at which time he assumed the role of CEO, International Territory, for MAPFRE Group. Mr. Castelo, who led MAPFRE North America for the past four years, is now Chief Business and Clients Officer for MAPFRE Group, and will also have oversight responsibility for MAPFRE’s Eurasia region.
Mr. Tamayo will be joined by Jose Manuel Corral, who has assumed the newly created position of Chief Operating Officer at MAPFRE USA. Corral, who most recently served as MAPFRE Group’s Chief Business and Clients Officer in Spain, will oversee MAPFRE USA’s day-to-day insurance operations to support the company’s strategy.
“Jaime and Jose together bring over 50 years of insurance experience to MAPFRE USA,” said Antonio Huertas, Chairman and CEO of MAPFRE Group. “Their leadership and expertise will advance our growth strategy in the critically important U.S. market and support our continued success globally.
Mr. Tamayo has held a number of executive positions at MAPFRE in the United States, Spain and Puerto Rico, since joining the company in 1993. Under his previous leadership at MAPFRE USA, the company solidified its market position in Massachusetts, where MAPFRE is the largest auto, homeowners and commercial auto insurer. He also led the transformation of MAPFRE’s distribution channels in the United States, including the company’s entry into the digital arena.
As a key contributor to MAPFRE globally, MAPFRE USA continues to evolve to meet the changing demands of an increasingly competitive business environment,” said Tamayo. “I look forward to rejoining my colleagues in the United States for the next phase of its profitable growth strategy, focusing on the value that we deliver to our customers and partners.”
Jose Manuel Corral Assumes New COO Role at MAPFRE USA
Since joining MAPFRE in 1993, Corral has served in several executive positions including Deputy General Director of Business at MAPFRE in Spain; Regional Director of Business and Clients for the company’s Iberia Regional Area; and Deputy General Director of the Corporate Business, Clients and Innovation Area.
“I am honored to join the MAPFRE USA leadership team and their talented employees who have propelled the company forward,” said Corral. “Together, we can develop innovative strategies to further strengthen operations across the company for sustained growth in the years to come.”