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first half growth in expatriates
And Digital Nomads
Liberty Seguros carries a comprehensive range of flexible and modular insurance policies for foreigners working or temporarily residing in Spain. This group also includes digital nomads, who can work in Spain on temporary visas since the entry came into force last December of the Spanish Startup Ecosystem Promotion Act, known as the Startup Act.
dated and highly specialised in the needs of this group.
Liberty’s premium volume in this segment grew by 10.5 per cent between January and June 2023, standing at €42 million in car, home and miscellaneous premiums. This solid performance arose from new customers and renewals of existing policies.
Jesús Núñez, Executive Director of Distribution and Sales at Liberty Seguros in Europe, pointed out that “this positive performance reflects the longstanding and trusting part nership between Liberty and its brokers” and also “a unique business model that provides brokers with Liberty’s digital and data analytics knowledge and capabilities so they can further develop their businesses.” On this point, Jesús Núñez reiterated his “absolute commitment to brokers,” who “are at the heart of offering customers a policy best suited to their needs.”
Rafael Nadales, Regional Director for the Expatriates segment, hailed the excellent results of the first half of the year, which he views as “proof of just how successful Liberty’s model can be combined with the support we give to brokers so they can respond quickly to customers' needs and develop their business through their knowledge and closeness with their customers.” He also explained that “the Expatriates segment holds great growth potential, so we expect a second half of the year with plenty of opportunities.”
Specialised advice for Expatriates
Some of the modular insurance policies Liberty can offer to the Expatriates segment include car, home, life and accident policies, including options such as Europewide car insurance coverage, or coverage for theft at home or in a public place.
Liberty is a leading Expatriate insurance provider through the combination of business knowledge, the insurer’s technological capabilities and the experience of a broker network. mostly comprising expatriates working in Spain who can provide a professional and personalised service to customers in their own language.
If you need more information or would like a personalised quote, you can contact any of their brokers or agents or visit quote.libertyexpatriates.es and fill in a short form for a local agent in your area to contact you as soon as possible.
