Summary
Grupo Catalana Occidente, S.A., together with its subsidiaries, provides insurance products and services worldwide. The company operates through Traditional Business and Credit Insurance Business segments. The company offers multi-risk products and services related to family home, stores, retail, blocks of flats, offices, and SMEs; life insurance products, such as risk, savings, pension plans, and investment funds, as well as funeral and health insurance; machinery breakdown; electrical equipment; and motor insurance. It also provides other insurance products, such as industrial products, accidents, transport, and third-party and civil liability; and credit and surety insurance, as well as reinsurance. In addition, the company is also involved in the real estate development business; and stock broking business. It markets its products primarily under the Seguros Catalana Occidente, Plus Ultra Seguros, Seguros Bilbao, NorteHispana Seguros, Crédito y Caución, Atradius, and Atradius Re brands. The company was formerly known as Catalana Occidente, Sociedad Anónima de Seguros y Reaseguros and changed its name to Grupo Catalana Occidente, S.A. in 2001. The company was incorporated in 1864 and is headquartered in Madrid, Spain. Grupo Catalana Occidente, S.A. is a subsidiary of INOC, S.A.
History
Grupo Catalana Occidente began as a cooperative insurance company in 1954. Initially, the company focused on providing mutual self-help to members. Over time, the company grew and began to offer additional insurance products, including car, personal accident, and life insurance. As the company grew, it developed its financial services division, which today offers a range of products and services such as loans, savings accounts, and asset management.
Mission
Grupo Catalana Occidente strives to be the most reliable and dependable service provider in the Spanish insurance and financial services industry. We strive to be a model of excellence, innovation, and commitment to our customers and partners.
Vision
We will strive to maintain our leading position in the Spanish insurance and financial services market. We will provide our customers with innovative, efficient solutions and products that are tailored to meet their needs. Our mission is to become a global leader in financial and insurance services.
Key Team
Mr. Carlos Felipe Gonzalez Bailac (Chief Financial Officer)
Ms. Nawal Rim Barange (Head of Analysts and Investors Relations & Rating Agencies)
Mr. Juan Closa Canellas (Head of Traditional Bus.)
Mr. David Capdevila Ponce (Head of Credit Insurance)
Mr. Joaquín Guallar Pérez (Vice-Sec.)
Recognition and Awards
Grupo Catalana Occidente has won numerous awards for its services and products. In 2011, it was the first company in Spain to be awarded the ACEMO Award for its commitment to corporate responsibility. In 2012, it was recognized for its excellence in public service by the European Insurance and Reinsurance Federation . In 2014, it was awarded the AFI Award for Excellence in Customer Service from the Spanish Association of Insurance Brokers. In addition, the company has been recognized by the Financial Times and other international publications for its excellence in customer service, corporate sustainability, and innovation.
References
Spain 