MAPFRE Insurance Executive and Leadership Team

May, 2026

Leadership Overview

MAPFRE Insurance has 4 executives leading key functions including strategy, finance, business development, and human resources.

Driven by a commitment to comprehensive coverage, MAPFRE Insurance provides personal, commercial property, and casualty insurance solutions internationally, impacting diverse markets with robust financial backing and strategic operational oversight.

Leadership Roles at MAPFRE Insurance

  • Chief Executive Officer - Geraldmarilyn Fels
  • Chief Financial Officer & Executive Vice President - Mark Sanderford
  • Assistant VP, Business Development - Richard Staten
  • Jefe De R. R. G. G. - Walter Basurco
  • Geraldmarilyn Fels - Chief Executive Officer

    Geraldmarilyn Fels, the Chief Executive Officer at MAPFRE Insurance, directs the overarching strategy and operational execution for the company's international insurance offerings. This leadership role involves setting the strategic vision for personal, commercial property, and casualty insurance lines, ensuring alignment with market demands and regulatory landscapes across various global regions. Fels guides the executive team in identifying growth opportunities and optimizing business performance. The Chief Executive Officer's responsibilities extend to fostering a culture of innovation and client-centricity, crucial for MAPFRE Insurance's sustained market presence. By overseeing strategic planning and resource allocation, Geraldmarilyn Fels ensures the company's continued expansion and financial stability in the competitive insurance sector. This executive's focus remains on driving long-term value and reinforcing MAPFRE Insurance's position as a trusted international provider.

    Mark Sanderford - Chief Financial Officer & Executive Vice President

    Mark Sanderford, the Chief Financial Officer & Executive Vice President at MAPFRE Insurance, manages all financial operations and fiscal strategy for the organization. Sanderford oversees financial planning, budgeting, risk management, and investment activities, ensuring the company's fiscal health and compliance with international financial regulations. This critical role involves providing financial insights to support strategic decision-making across all business units, including personal and commercial insurance lines. The Chief Financial Officer & Executive Vice President also plays a key part in capital allocation and investor relations, safeguarding the company's assets and optimizing profitability. By meticulously analyzing financial data and market trends, Mark Sanderford drives initiatives aimed at enhancing operational efficiency and maximizing shareholder value. Sanderford's leadership ensures robust financial controls and sustainable growth for MAPFRE Insurance's global operations.

    Richard Staten - Assistant VP, Business Development

    Richard Staten, the Assistant VP, Business Development at MAPFRE Insurance, spearheads initiatives to expand the company's market reach and product offerings. Staten focuses on identifying new business opportunities, forging strategic partnerships, and developing innovative solutions within the personal and commercial insurance sectors. This role involves analyzing market trends and competitive landscapes to drive revenue growth and enhance customer acquisition strategies. The Assistant VP, Business Development works closely with sales and marketing teams to implement effective go-to-market plans. By cultivating relationships with key stakeholders and exploring emerging markets, Richard Staten contributes significantly to MAPFRE Insurance's international expansion efforts. Staten's strategic focus is on building sustainable business growth and strengthening the company's competitive advantage in diverse geographic regions.

    Walter Basurco - Jefe De R. R. G. G.

    Walter Basurco, the Jefe De R. R. G. G. at MAPFRE Insurance, directs human resources and organizational development functions critical to the company's international workforce. Basurco oversees talent acquisition, employee relations, compensation, and benefits programs, ensuring compliance with labor laws across various operating regions. This leadership position is vital for fostering a productive and engaged work environment that supports MAPFRE Insurance's strategic objectives. The Jefe De R. R. G. G. plays a key part in developing and implementing HR policies that align with the company's mission and values, promoting employee well-being and professional growth. By managing human capital effectively, Walter Basurco contributes to operational efficiency and the overall success of the company's global insurance operations. Basurco's expertise ensures a strong foundation for MAPFRE Insurance's most valuable asset: its people.

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    Frequently Asked Questions Regarding MAPFRE Insurance Top Executives and Leadership Team

    Who leads MAPFRE Insurance?
    MAPFRE Insurance is led by Geraldmarilyn Fels (Chief Executive Officer), along with executives such as Mark Sanderford (Chief Financial Officer & Executive Vice President) and Richard Staten (Assistant VP, Business Development).
    Who is part of MAPFRE Insurance’s executive team?
    The executive team of MAPFRE Insurance includes leaders such as Geraldmarilyn Fels (Chief Executive Officer), Mark Sanderford (Chief Financial Officer & Executive Vice President), Richard Staten (Assistant VP, Business Development) and other senior executives.
    How many executives does MAPFRE Insurance have?
    MAPFRE Insurance has 4 executives leading key business areas.
    What roles are included in MAPFRE Insurance’s leadership team?
    The leadership team of MAPFRE Insurance includes roles such as Chief Executive Officer, Chief Financial Officer & Executive Vice President, Assistant VP, Business Development, Jefe De R. R. G. G..