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Qualitas Controladora, S.A.B. DE C.V. (Mexico)

Main Activities: Direct Title Insurance Carriers | Insurance Agencies and Brokerages
Full name: Qualitas Controladora, S.A.B. DE C.V. Profile Updated: May 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Qualitas Controladora, S.A.B. DE C.V. is a company located in Mexico City. It was founded on December 9, 1993, by Lic. Joaquín Brockman Lozano. The company issued its first policy on March 22, 1994, and quickly grew to have 115 agents and 2,970 insured vehicles. Today, after more than 28 years, Qualitas is the leading Mexican insurer in the automotive market, with over 20,000 agents and more than 5 million insured cars. They offer a wide range of products for all types of vehicles, from private cars and motorcycles to heavy equipment and public service vehicles. Qualitas is committed to providing quality service and personalized attention, which has established them as the number one insurer in the sector. Their main goal is to protect the assets and physical integrity of insured vehicle owners, as well as their liability towards third parties, by fulfilling the insurance contract and meeting customer expectations. Qualitas aims to maintain its leadership in the automotive insurance market, staying at the forefront of innovation and technology in all aspects of its operations. The company is dedicated to sustainability and adheres strictly to ethical principles in its relationships with insured individuals, employees, agents, investors, suppliers, and the community. Qualitas also seeks to expand internationally, leveraging its methodology, synergy, and competitive advantages. Additionally, the company collaborates in promoting insurance culture in Mexico and addressing the growing complexity of prevention and road mobility as part of its social responsibility. Qualitas is known for its ethical practices, financial stability, and commitment to social responsibility. They are the market leader in automotive insurance, offering cutting-edge methodologies and excellent quality service at competitive prices. The company is constantly innovating its products and services to be the best choice for their customers.

Headquarters
Av. San Jeronimo No. 478 Jardines Del Pedregal
Mexico City; Federal District of Mexico City; Postal Code: 01900

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Website: http://www.qualitas.com.mx

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 18, 2008
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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General Counsel
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General Counsel
Subsidiaries
Qualitas Financial Services, Inc
100%
Activos Jal S.A. De C.V.
99.99%
Logiflekk S.A. De C.V.
99.99%
Company Performance
Financial values in the chart are available after Qualitas Controladora, S.A.B. DE C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
25.65%
Operating profit (EBIT)
-24.55%
Net Profit (Loss) for the Period
41.32%
Total assets
23.46%
Investments
1.15%
Receivables
25.85%
Total equity
16.64%
Net Premiums Earned Trend
4.05%
Net Profit Trend
-24.68%
Return on Equity (ROE)
2.81%
Loss Ratio
4.57%
Underwriting Expenses Ratio
1.62%

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