MAPFRE U.S.A. Corp. Announces Acquisition of Safety Insurance Group, Inc.
Acquiring Company
MAPFRE U.S.A
Acquired Company
Safety Insurance Group
BostonBostonFinancial ServicesInsuranceDescription
On July 23, 2026, Safety Insurance Group, Inc. entered into a Merger Agreement with MAPFRE U.S.A. Corp. and its subsidiary, Splash Merger Sub, Inc. The agreement stipulates that Merger Subsidiary will be merged with and into Safety, which will survive as a wholly owned subsidiary of MAPFRE. The transaction is subject to customary closing conditions, including antitrust waiting periods.
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Based on deal dataFrequently asked
Who acquired Safety Insurance Group?
Safety Insurance Group was acquired by MAPFRE U.S.A, based in Boston. The deal was reported on September 15, 2026. MAPFRE U.S.A. Corp. is a Massachusetts-based insurance company that offers various insurance products and services. It is a subsidiary of the MAPFRE Group, which is a global insurance and reinsurance group. MAPFRE U.S.A is privately held and operates in Financial Services.
When did MAPFRE U.S.A acquire Safety Insurance Group?
MAPFRE U.S.A's acquisition of Safety Insurance Group was reported on September 15, 2026. On July 23, 2026, Safety Insurance Group, Inc. entered into a Merger Agreement with MAPFRE U.S.A. Corp. and its subsidiary, Splash Merger Sub, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Safety Insurance Group do?
Safety Insurance Group, Inc. is a Delaware-based company that specializes in providing insurance products. They focus on offering a wide range of personal and commercial insurance solutions. It is publicly traded (SAFT), and is based in Boston.
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