Mutua Madrileña has reaffirmed its commitment to the entrepreneurial ecosystem and innovation at the fourteenth edition of South Summit, recently held in Madrid from June 4–6, which has become a key meeting point for driving progress and business growth.
During the event’s opening session, Víctor Zambrana, Deputy General Director of Insurance and New Businesses, highlighted the profound transformation the mobility model is undergoing, as reflected in the declining importance of car ownership.
“In this scenario, Mutua Madrileña has focused on developing a value proposition that integrates products and services to cover end-to-end mobility needs,” he stated.
On this path toward new mobility, sustainability has emerged as a central pillar of Mutua’s strategy, approached from two angles: process optimization and user well-being. The company is promoting a “mobility-as-a-service” model to reduce the need for car ownership and optimize the use of existing vehicles.
“We’ve already implemented various initiatives in this regard, such as the development of Voltio, our own carsharing company with a 100% electric fleet, and the active distribution of insurance products for electric vehicles. In addition, Mutua has invested in startups that contribute to sustainability, such as Recomotor, which specializes in second-life vehicle parts, and V2C, a developer of EV chargers,” Zambrana explained.
He also stressed the importance of having the ambition to drive change, but also the humility to recognize the need for external support and collaboration with partners, including both large companies and startups.
New platform: MutuaPets
Among the latest innovations presented by Grupo Mutua is MutuaPets, the insurer’s new platform designed to offer comprehensive care and innovative solutions for pets—reflecting Mutua’s commitment to expanding its value proposition into new service areas for its customers.
In this regard, the team at Mutua Ventures—Mutua Madrileña’s investment and intrapreneurship vehicle—will be responsible for sharing the company’s latest developments and its vision for the sector’s transformation in the various forums taking place during the event.
The insurer, chaired by Ignacio Garralda, has been one of the key driving forces behind South Summit since its inception, underscoring its ambition to lead the transformation of the insurance and services sector by adapting to new market demands and firmly committing to innovation, strategic alliances, and sustainability.
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