Santalucía Impulsa, the SANTALUCÍA GROUP's Entrepreneurship and Open Innovation ecosystem, has achieved first place in the category of Medium-Intermediate Business Accelerators in the Funcas 2025 Global Ranking, which aims to deepen knowledge of the entrepreneurial ecosystem, consolidating itself as one of the main platforms for promoting entrepreneurship in Spain.
The evolution of the entrepreneurial ecosystem has driven the emergence of startups with high growth potential, which contribute significantly to innovation, productivity and the creation of quality employment. In this context, accelerators play a key role in strengthening the business fabric and consolidating a more competitive and sustainable economic model.
This prestigious ranking, prepared by the Fundación de Cajas de Ahorros (Funcas) in collaboration with SANTALUCÍA IMPULSA, annually recognises the best initiatives to support entrepreneurship at a national level.
Three years of progression to No. 1 in business incubation and acceleration
The position achieved by SANTALUCÍA IMPULSA this year represents an important milestone in its trajectory, after several years of constant progression at national level: from 5th place in the modest accelerator category in 2023 (the year in which the insurance group's project innovation programme entered this classification, within this category), to 2nd place in 2024 after moving up to the medium-intermediate category; and now to absolute leadership in 2025.
In addition, SANTALUCÍA IMPULSA has once again placed in the Top 3 at regional level. In the ranking by autonomous community, it is in 5th place in the Community of Madrid, certifying its strength and growth within the regional innovative ecosystem.
Since its creation, SANTALUCÍA IMPULSA has developed numerous acceleration and collaboration programmes with startups, fostering an open innovation model that promotes entrepreneurial talent and generates real impact in the insurance sector and in the market in general.
The market in general. This philosophy has enabled GRUPO SANTALUCÍA to integrate disruptive solutions and build a solid, sustainable ecosystem geared towards the co-creation of value.
The position achieved by SANTALUCÍA IMPULSA this year represents an important milestone in its trajectory, after several years of constant progression at national level: from 5th place in the modest accelerator category in 2023 (the year in which the insurance group's project innovation programme entered this classification, within this category), to 2nd place in 2024 after moving up to the medium-intermediate category; and now to absolute leadership in 2025.
‘Accelerators play a key role in the entrepreneurial ecosystem, not only for the training they offer, but also for their ability to connect talent, generate synergies and facilitate access to funding. We are very proud of this recognition from Funcas, which consolidates SANTALUCÍA IMPULSA as one of the most influential platforms for innovation and entrepreneurship in Spain, and reinforces our commitment to co-creating value with the ecosystem’, said Ángel Uzquiza, Director of Innovation at GRUPO SANTALUCÍA.
The ranking published by Funcas, in force since 2014, has become a benchmark for identifying the most relevant initiatives in incubation and acceleration of start-ups at a national level.
About SANTALUCÍA
SANTALUCÍA, a comprehensive insurer with more than 100 years of history, is the parent company of GRUPO SANTALUCÍA, a provider of protection, savings and family assistance services. Recognised as one of the most highly valued insurers for its customer experience, it offers a comprehensive value proposition that reaches more than 7.4 million policyholders.
At the end of 2024, the Group had 9,309 employees and a territorial organisation with around 250 agents, 500 points of sale and the collaboration of more than 1,200 brokerages. The company is also present in Portugal, Colombia, Mexico, Chile and Argentina.
It has consolidated revenues of 3,422 million euros, total assets of 13,988 million euros, shareholders' equity of 2,036 million euros and a solvency ratio, in accordance with Solvency II regulations, of 291%. Imputed premiums amounted to EUR 2,190 million and life technical provisions to EUR 6,173 million. Its non-life combined ratio was 96.4%.
AM Best renewed SANTALUCÍA's financial strength rating (FSR) as ‘A’ (Excellent) and its long-term issuer credit rating (ICR) as ‘a’ (Excellent) in November 2024. Fitch also reaffirms SANTALUCÍA's financial strength (IFS) as ‘A’, and its rating as ‘A-’, both with a positive outlook.
Its success is based on continuous growth, constant innovation and diversification of its business, integrating sustainability into its decisions, in line with the Sustainable Development Goals.
According to data published by ICEA, as of 31 December 2024, it is ranked first in Funeral and Assistance, sixth in Home and eighth in Life, and is the ninth largest insurance group in terms of direct insurance premiums.
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