 At the turn of the decades Larramendi was already in position to design new growth schemes.Following introduction of obligatory health insurance Larramendi set up MAPFRE Mutua Patronal de Accidentes de Trabajo.In the early 1960s he pushed for developing a financial arm, intended to merge insurance with credit as a combined offer to car buyers; the plan was accomplished in 1962 by taking over Central de Obras y Crédito and proved successful at the rapidly growing Spanish car market.