Nueva Mutua

“Nueva Mutua” refers to a mutual insurance company based in Spain, specifically designed to provide insurance services to its members. The term “mutua” in Spanish denotes a collective arrangement where members contribute to a common fund to cover various risks, typically in health or life insurance. The “nueva” part means “new,” suggesting that it is either a newly established entity or a reformed version of an existing one. In the context of mutual insurance, such organizations operate on the principle of mutuality, where profits are reinvested for the benefit of members rather than distributed to shareholders. Members usually have a say in the management and operational decisions of the company, promoting a sense of community and shared responsibility.