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PALIG
Our Company
People you can trust for life
A leading provider of life, accident and health insurance across the Americas
Mission, Vision and Values
Our Mission
To meet the life, accident and health insurance needs of individuals and businesses in the Americas and to ensure financial security and peace of mind.
Our Vision
To build on the company’s 110‑year heritage of financial strength, commitment and trusted financial security, and to improve our policyholders’ sense of well‑being, while becoming the leading insurance carrier in the Americas.
Our Values
- Authenticity: We are genuine and communicate openly, remaining true to one’s ideas, opinions, words and actions.
- Transparency: We are straightforward and open about everything we say, do and convey.
- Accountability: We take responsibility for our actions and honor commitments.
- Collaboration: We believe in the power of working together to achieve common goals. Our contributions are thoughtful, intentional, proactive and empathic.
- Integrity: We are honest, ethical and build trust through principled judgement and responsible actions.
Join the PALIG Family
Learn more about career opportunities at PALIG
Our History
Pan‑American Life opened its doors for business in New Orleans in 1911. Founded by Crawford H. Ellis, Edward Simmons, Marion Souchon and Eugene McGivney, the company had a clear objective to meet the insurance needs of individuals and businesses in Latin America.
Ellis, who worked with the United Fruit Company transporting goods between New Orleans and Central America, had seen first‑hand the need for these services in the region. In collaboration with his colleagues, he envisioned a company for the Americas that would provide best‑in‑class insurance solutions and trusted financial security.
More than 110 years later, that vision is still at the heart of who we are.
Pan‑American Life in Colombia
Pan‑American Life de Colombia, Compañía de Seguros, S.A. opened its doors in the late 1930s, when the company was looking to expand throughout the region.
For over 85 years, Colombian families and companies have placed their trust in Pan‑American Life , thanks to our legacy of reliable financial strength and our high‑quality life, accident, and health insurance solutions.
A Message from our Country Manager ‑ Diana Vargas
Today, while economies go through unrelenting change, experience is essential. At Pan‑American Life de Colombia, we have over 85 years of experience safeguarding what matters most for Colombian families: their life and their health.
Our value proposition includes a diversified portfolio of mass marketing, employee benefits, group life and Health, individual life, and personal accident products, which give our insureds peace of mind and protection when they need it most. This has led us to become a leader in group life in the Colombian insurance market.
With the support of our strategic partners and our team of committed employees, we continue to strengthen our value proposition and offer quality products and services that help our insured enjoy peace of mind and wellbeing. We know that much remains to be done to raise awareness on the importance of insurance. But working together, we will reach more Colombian homes, so that they can enjoy the benefits and peace of mind offered by personal insurance coverage.
As we meet new challenges and opportunities, we remain optimistic. I am confident that our proven capacity for collaboration, transparency, and commitment—values that bring us together and reflect our company’s spirit—will be the key to our success in the future.
PALIG
Our Leadership
Local Leadership
Executive Management Team
Local Leadership
Local Leadership
Executive Management Team
Executive Management Team
Diana Alejandra Vargas Torres
Country Manager and Legal Representative
Carlos Mario Grisales
Vice President – Sales
Joaquín Quiroz
Manager ‑ Finance
Carolina Amaya
Operations Manager
Óscar Mauricio Vanegas Ceballos
Director of Local Agencies
Natalia Sánchez Álvarez
Legal Counselor
María Victoria Munar Martínez
Underwriting Manager
Johana Andrea Arango Vargas
Compliance and Risk Assessment Manager
The steady stewardship of Pan‑American Life Insurance Group’s internationally experienced leadership team ensures that Pan‑American Life continues to transform the vision of its founders into trusted financial security and peace of mind for its customers.
José S. Suquet
Chairman of the Board and CEO
Robert DiCianni
President ‑ Global Benefits
Steven A. Friedman
President ‑ Finance and Investments | Chief Financial Officer
Bruce Parker
President – Global Life
Daniel Costello
Executive Vice President – International Markets
Frank Recio
Executive Vice President ‑ Operations and Technology
Carlos Aldana
Senior Vice President – Corporate Finance
Lisa Baudot
Senior Vice President ‑ Chief Investment Officer
José Corrada
Senior Vice President ‑ General Counsel and Corporate Secretary
Luke Cosme
Senior Vice President ‑ U.S. Life Sales, Marketing, and Operations
Bryan Scofield
Senior Vice President – Human Resources
Ivan Vergara
Senior Vice President ‑ Chief Technology Officer
Selig Ehrlich
Chief Actuary and Risk Officer
Alvaro Muñoz
Vice President Financial Reporting, Controller
Ana Melissa Ramos J.
Vice President, Deputy Global Human Resource Officer
Marta Reeves
Vice President – Corporate Marketing
PALIG Cares
PALIG’s mission is to protect lives, provide peace of mind and support the people we serve by having a positive impact on their communities. Through PALIG Cares, employees and executives come together to give back and have a positive, lasting impact by supporting projects and organizations that invest in and work to solve some of the biggest challenges facing the region.
Nuestro Señor de la Buena Esperanza School: PALIG Colombia improved the Nuestro Señor de la Buena Esperanza School in Bucaramanga with a $20M COP donation, enhancing facilities for 130 children and creating a safer, more engaging learning environment.
Fundación Ángeles de Campo: In Bogotá, PALIG volunteers supported Fundación Ángeles de Campo, delivering food donations and organizing activities to bring joy and educational opportunities to children with special needs.
Our 2024 Community Partners
Barrio El Futuro ‑ Donación de útiles escolares – Costa Rica Escuela República de Guatemala – Panamá Fundabesa – Ecuador Fundación Asómate a la Realidad ‑ Colombia Fundación Niños con Cáncer ‑ Honduras | Fundación REMAR – Ecuador Hijas de la Caridad de San Vicente de Paul ‑ Panamá |
If you are an organization and would be interested in partnering with PALIG or would like to submit a Donation/Sponsorship Request, please complete the Contribution Request form.
Our Ratings
Choosing an insurance provider to protect your family or your business is an important decision. However, having the seal of approval from independent rating agencies such as AM Best and Fitch Ratings, can help make your decision on which insurance company is best for you a bit easier.
Independent rating systems verify and validate a company’s financial strength by evaluating their balance sheet, operating performance, business profile and financial ability, to meet its obligations to policyholders.
We are proud to share that Pan‑American Life de Colombia, Compañía de Seguros, S.A. received an 'AA+(col)' rating, with a Stable Outlook from Fitch Ratings.
Pan‑American Life Insurance Company and its wholly owned subsidiary Pan‑American Assurance Company have an 'A' (Excellent) rating from AM Best and an 'A' (Stable) rating from Fitch Ratings.
These ratings are strong endorsements of the financial strength that enables us to be there when our clients need us the most.
Fitch Ratings: 'AA+(col)' Stable Outlook
As of December 12, 2024
AM Best Rating 'A' (Excellent)
As of January 22, 2025