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Mapfre to acquire Safety Insurance for $1.54 billion

PRIVATESep 25, 2026

Acquiring Company

Mapfre USA

Acquired Company

Safety Insurance Group

BostonBostonFinancial ServicesInsurance

Description

Mapfre USA has agreed to acquire Safety Insurance Group for $1.54 billion in an all-cash transaction. The deal represents a 44% premium to Safety's stock price at the announcement. The transaction is pending shareholder and regulatory approvals, with expected closure in the first quarter of 2027. After the merger, Safety will operate as a wholly owned subsidiary of Mapfre USA.

Company Information

Company

Mapfre USA

Location

Boston, Massachusetts, United States

About

Mapfre USA is a prominent insurance company offering a range of products including auto and homeowners insurance. It aims to strengthen its market position in the Northeast of the United States. The company focuses on financial discipline and long-term value creation for its shareholders. Mapfre USA is committed to providing excellent service and fostering strong relationships with clients and agents.

Fundz sees it the moment Mapfre USA makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for Mapfre USA's next move

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Frequently asked

Who acquired Safety Insurance Group?

Safety Insurance Group was acquired by Mapfre USA, based in Boston. The deal was reported on September 25, 2026. Mapfre USA is a prominent insurance company offering a range of products including auto and homeowners insurance. It aims to strengthen its market position in the Northeast of the United States. Mapfre USA is privately held and operates in Financial Services.

When did Mapfre USA acquire Safety Insurance Group?

Mapfre USA's acquisition of Safety Insurance Group was reported on September 25, 2026. Mapfre USA has agreed to acquire Safety Insurance Group for $1.54 billion in an all-cash transaction. The deal represents a 44% premium to Safety's stock price at the announcement. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.