6 Mar 2016
Pan-American Life Insurance Group Expands New Orleans Headquarters
Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, announced this morning that they have leased nearly 9000 additional square feet at 601 Poydras Street, where the company has been headquartered since 1981.
“Pan-American Life is experiencing phenomenal growth,” said José S. Suquet, Chairman of the Board, President and CEO of Pan-American Life Insurance Group. “That is reflected in our financial results, in the number of New-Orleans-based employees that we’ve hired in the last few years and now with this expansion of our corporate home.”
Pan-American Life was founded in New Orleans in 1911 and continues to hold strong to its Louisiana roots. “We operate in 22 markets across the United States, Latin America and the Caribbean and New Orleans remains the anchor that brings all of those operations together,” Suquet added. “This city’s heritage and its dynamic future are an integral part of our corporate identity and our vision for long-term success.”
“The City of New Orleans is ripe for opportunity and is truly becoming a business destination. The demand for office and industrial space has surged. Pan-American Life’s expansion of their headquarters shows they are excited about the future and prosperity of our city and this region,” said Marty Mayer, President and CEO of Stirling Properties. “Stirling Properties is proud to work with them as we continue to expand and increase the tenancy at Pan-American Life Center.”
About Pan-American Life Insurance Group
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. The New Orleans-based Group is comprised of more than twenty-member companies, employs more than 1,950 worldwide and offers top-rated individual and/or group life, accident and health insurance, employee benefits and financial services in 49 states, the District of Columbia (DC), Puerto Rico, the U.S. Virgin Islands, and throughout Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 13 Caribbean markets, including Barbados, Cayman Islands, Curacao and Trinidad and Tobago. 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.