News & Insights

6 Sep 2016

Pan-American Life Insurance Group Strengthens Commitment to Miami

Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, has renewed the lease on the company’s Alhambra Plaza office space. The new agreement extends to 2027.

“Miami is a vital strategic location in Pan-American Life’s footprint precisely because it is a major hub for the international financial sector,” said José S. Suquet, Chairman of the Board, President and CEO of Pan-American Life Insurance Group. “The lease renewal is both a reflection of our commitment to our international business and a statement of intent that we are in Miami for the long-term.”

Pan-American Life first opened its office in Miami in 2011 to serve as the base for Pan-American Private Client, a portfolio of life and international major medical products. “Private Client Life, as well as Private Client – International Major Medical are designed to provide best-in-class insurance benefits to high net worth individuals and business owners,” explained Bruce Parker, President – International Life Business. “Miami was the ideal location for us to develop these lines of business and they have both had a tremendously positive impact on the overall growth of our Group.”

Since establishing its presence in the city more than five years ago, Pan-American Life has been an active corporate citizen in the South Florida community, notably working with United Way as an extension of PALIG’s partnership with the organization throughout the Americas.

About Pan-American Life Insurance Group

Pan-American Life Insurance Group is a leading provider of insurance and financial services 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 1,850 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 Web site 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.