Pan American Life Center

Pan-American Life Insurance Group Announces Steven A. Friedman, President of Finance & Investments Will Assume Role of Chief Financial Officer

Retrieved on: 
Tuesday, September 5, 2023

Pan-American Life Insurance Group (PALIG) today announced Steven A. Friedman will assume the role of Chief Financial Officer, effective today, in addition to his current responsibilities as President of Finance and Investments.

Key Points: 
  • Pan-American Life Insurance Group (PALIG) today announced Steven A. Friedman will assume the role of Chief Financial Officer, effective today, in addition to his current responsibilities as President of Finance and Investments.
  • Mr. Friedman will succeed David Demmon, who has served in the role the last seven years as part of Mr. Friedman’s leadership team.
  • In his current role as President of Finance and Investments, and a member of PALIG Executive Management Committee, Mr. Friedman leads the company’s financial operations and investment management, including oversight of finance and accounting, corporate development, risk management, compliance, and administration.
  • He has over two decades of experience advising U.S. and internationally based companies across the life, property-casualty and reinsurance sectors.

Encova Life Insurance Company To Be Acquired by Pan-American Life Insurance Company

Retrieved on: 
Monday, May 22, 2023

Encova Mutual Insurance Group (“Encova Insurance”) and Pan American Life Insurance Company (“PALIC”) announced today that Encova Life Insurance Company (“Encova Life”), an affiliate of the Encova Mutual Insurance Group, will be acquired by and merged into PALIC.

Key Points: 
  • Encova Mutual Insurance Group (“Encova Insurance”) and Pan American Life Insurance Company (“PALIC”) announced today that Encova Life Insurance Company (“Encova Life”), an affiliate of the Encova Mutual Insurance Group, will be acquired by and merged into PALIC.
  • “This acquisition is aligned with our U.S. growth strategy and demonstrates our commitment to the U.S. market and to our whole life business,” said José S. Suquet, Chairman of the Board and CEO of Pan-American Life Insurance Group.
  • Following the merger, all Encova Life policies will be assumed by PALIC.
  • There will be no changes to product terms or features for current policyholders.

Pan-American Life Insurance Group Recognized as a US Best Managed Company, Third Consecutive Year

Retrieved on: 
Tuesday, May 9, 2023

Pan-American Life is proud to announce it has been selected as a 2023 US Best Managed Company.

Key Points: 
  • Pan-American Life is proud to announce it has been selected as a 2023 US Best Managed Company.
  • Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams.
  • This is the third consecutive year Pan-American Life has been named a US Best Managed Company.
  • They join a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.

Pan-American Life Insurance Group Completes Merger of Mutual Trust Life Insurance Company into Pan-American Life Insurance Company

Retrieved on: 
Monday, January 9, 2023

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that it has completed the merger of Mutual Trust Life Insurance Company®, a Pan-American Life Insurance Group Stock Company, into Pan-American Life Insurance Company (PALIC) as a fully integrated division named Mutual Trust Life Solutions, effective December 31, 2022.

Key Points: 
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that it has completed the merger of Mutual Trust Life Insurance Company®, a Pan-American Life Insurance Group Stock Company, into Pan-American Life Insurance Company (PALIC) as a fully integrated division named Mutual Trust Life Solutions, effective December 31, 2022.
  • “This consolidation further strengthens our position as a premier life, accident and health insurance provider in the Americas,” said José S. Suquet, Chairman of the Board and CEO of Pan-American Life Insurance Group.
  • “The full integration of Mutual Trust solidifies Louisiana-domiciled Pan-American Life Insurance Company’s market leadership position with increased scale, greater financial strength, a sterling ratings profile and enhanced growth opportunities.”
    As a fully integrated division of Pan-American Life, Mutual Trust Life Solutions will continue to operate from its existing offices in Oak Brook, Illinois, with no resulting changes to distribution channels or product portfolio.
  • Geri Gaughan, will continue to lead Mutual Trust Life Solutions as President and Chief Operating Officer.

Pan-American Life Insurance Group Appoints Bill Hines to Board of Directors

Retrieved on: 
Thursday, December 8, 2022

Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, announced the appointment of William Bill Hines to the companys Board of Directors effective January 1, 2023.

Key Points: 
  • Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, announced the appointment of William Bill Hines to the companys Board of Directors effective January 1, 2023.
  • In addition to his leadership role at Jones Walker, Mr. Hines is actively involved in the business, cultural, civic, and charitable communities in the New Orleans region.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.
  • For more information, visit the Pan-American Life website at palig.com , like us on Facebook @PanAmericanLife , follow us on Twitter @PanAmericanLife , and connect with us on LinkedIn at Pan-American Life Insurance Group .

Trawick International Announces Appointment of Industry Veteran as President, Latin America

Retrieved on: 
Tuesday, October 25, 2022

FAIRHOPE, Ala., Oct. 25, 2022 /PRNewswire/ -- Trawick International , an industry-leading international insurance company, today announced the appointment of David Capote as President of its recently-launched Latin America division, effective immediately.

Key Points: 
  • FAIRHOPE, Ala., Oct. 25, 2022 /PRNewswire/ -- Trawick International , an industry-leading international insurance company, today announced the appointment of David Capote as President of its recently-launched Latin America division, effective immediately.
  • In the newly created executive leadership role of President, Latin America for Trawick International, Capote is responsible for developing and overseeing the overall strategy for Latin America.
  • Daryl Trawick, Founder and President, Trawick International, commented, "David Capote joining Trawick International to lead the Latin America division is a big win for the company.
  • Capote commented, "I am thrilled to join Trawick International as president of the Latin America division.

Pan-American Life Insurance Group Appoints Lisa Baudot as Chief Investment Officer

Retrieved on: 
Thursday, August 18, 2022

Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, announced today the promotion of Lisa Baudot to Chief Investment Officer (CIO).

Key Points: 
  • Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, announced today the promotion of Lisa Baudot to Chief Investment Officer (CIO).
  • As CIO, Ms. Baudot will be responsible for PALIGs overall investment strategy and oversee the groups investment portfolio.
  • Prior to her appointment as CIO, Ms. Baudot most recently served as Senior Vice President, Investment at PALIG, where she oversaw the Groups Investment and Investment Analytics team.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.

Pan-American Life Insurance Group Implements Box to Power Cloud Content Management

Retrieved on: 
Tuesday, May 10, 2022

Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced that Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, deployed Boxs Content Cloud across its organization while seamlessly integrating with its best-of-breed cloud applications.

Key Points: 
  • Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced that Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, deployed Boxs Content Cloud across its organization while seamlessly integrating with its best-of-breed cloud applications.
  • With todays announcement, PALIG joins leading global organizations that have adopted Boxs Content Cloud to power new ways of working.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.
  • For more information, visit the Pan-American Life website at palig.com , like us on Facebook @PanAmericanLife , follow us on Twitter @PanAmericanLife , and connect with us on LinkedIn at Pan-American Life Insurance Group .

Pan-American Life Insurance Group Recognized as a US Best Managed Company

Retrieved on: 
Monday, May 9, 2022

Pan-American Life, a leading provider of life, accident and health insurance throughout the Americas is proud to announce it has been selected as a 2022 US Best Managed Company.

Key Points: 
  • Pan-American Life, a leading provider of life, accident and health insurance throughout the Americas is proud to announce it has been selected as a 2022 US Best Managed Company.
  • They join a global ecosystem of honorees from more than 40 countries recognized by the Best Managed Companies program.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.
  • For more information, visit the Pan-American Life website at palig.com , like us on Facebook @PanAmericanLife , follow us on Twitter @PanAmericanLife , and connect with us on LinkedIn at Pan-American Life Insurance Group .

Pan-American Life Insurance Group Reports 2021 Financial Results

Retrieved on: 
Thursday, February 24, 2022

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2021.

Key Points: 
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2021.
  • In 2021, PALIGs financial strength and resilient team coupled with continued investments in talent and technology propelled solid results, despite continued global challenges.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.
  • For more information, visit the Pan-American Life website at palig.com , like us on Facebook @PanAmericanLife , follow us on Twitter @PanAmericanLife , and connect with us on LinkedIn at Pan-American Life Insurance Group .