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News from Beazley, RMS, Loadsure and more. (Photo: Shutterstock)

Auto and home insurer MAPFRE USA is celebrating its 50th anniversary. The firm was founded in 1972 as the Commerce Insurance Company, which was purchased by global insurance group MAPFRE S.A. in 2008. Today the company operates in 12 states, employs more than 2,000 people and reported $2.05 billion in total written premiums during 2021.

Beazley extended its Safeguard product to the Australian market. Beazley Safeguard is designed to help clients reduce the risk of abuse within their organization, but also to respond effectively if an incident does occur. Alongside advanced insurance coverage, it provides critical prevention and crisis response services as standard, reducing the risk of such incidents occurring in the first place and responding quickly and appropriately when they do.

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