Founded in 1982, Lagun Aro is part of the MONDRAGON Corporation, the largest company in the Basque Country and one of the largest groups in Spain. With 264 companies, a turnover of 16 billion euros and some 80.000 employees, the MONDRAGON Corporation is now ranked among the largest cooperative groups in the world. It operates in four sectors of activity: industry, retail, knowledge and finance (through the banking group Laboral Kutxa and Lagun Aro for the insurance segment). 

In December 2011, Lagun Aro became a fully-owned subsidiary of Laboral Kutxa. Through its 309 bancassurance agencies located all over Spain, Lagun Aro and Laboral Kutxa offer over 

With a turnover of 179 million euros and more than 340,000 clients, Lagun Aro is now a leader in the insurance market of the Autonomous Community of the Basque Country and of Navarre. 

Board of Directors & Management Team

  • Chair of the Board of Directors: Txomin GARCIA
  • Managing Director: Pablo MONGELOS

  • Motor Insurance
  • Home/Public Liability Insurance
  • Accident Insurance
  • Entreprise & Micro-entreprise Insurance
  • Life Insurance/Savings
  • Total Turnover: €179M
    Of which Non-Life Insurance: €120M
    Of which Life Insurance: €59M
  • Number of policies: 563.274
  • Number of policyhoders: 344.448
  • Points of sales: 309 bankinsurance agencies of Laboral Kutxa and 10 Mediation agencies
  • Number of employees: 163
  • Sales force: 518 Mediators 
    169 insurance specialists within Laboral Kutxa agencies
  • Total Equity capital: €122M
  • Assets under management: €805M

*2019 Figures

179,000,000

Total Turnover

163

Employees

344,448

Policyholders