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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 Honduras
The Honduras branch of Pan‑American Life Insurance Company opened in 1944, during a period of important political and economic events in the country. Overcoming those challenges has allowed us to come out stronger and even more committed to serving the families and businesses that have entrusted us to safeguard their financial future through our high‑quality life and health insurance solutions.
A Message from our Country Manager ‑ María del Rosario Álvarez
For 79 years, Pan‑American Life Insurance Company, Honduras Branch has played a part in the development of the insurance sector and of the country, by offering value and solutions that build trust for life with our strategic partners, providers, and insureds.
A key element in our strategy is to place our customers at the core of our business, as we strive to understand their needs and create new initiatives that better protect them, their financial future and health.
These efforts have consolidated our financial performance and have positioned us as the number one company in Individual Life Insurance and number two in Individual Health Insurance nationwide. *
We continue to reinvent, push, and transform ourselves to remain the preferred option for more Honduran families and businesses. Thank you for choosing us and trusting us to protect what matters most to you.
* Honduras CNBS ‑ Comisión Nacional de Bancos y Seguros‑ figures.
PALIG
Our Leadership
Executive Management Team
Executive Management Team
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 of Finance and Investments | Chief Financial Officer
Bruce Parker
President – Global Life
Geri Gaughan
President and Chief Operating Officer of Mutual Trust Life Solutions
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
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.
Medical Brigades: In 2023 we reached rural areas through medical brigades, where doctors and nurses provided checkups and tests free of charge to members of the community.
Our 2023 Community Partners
Arts Refreshing the Soul Aruba Aquatics Federation Asociación de Niños y Adultos Mayores Jesucristo es mi Hogar – Guatemala FCIB Walk for the Cure 2020 ‑ Grenada Fundación Asómate a la Realidad ‑ Colombia Fundación Niños con Cáncer ‑ Honduras Hijas de la Caridad de San Vicente de Paul ‑ Panamá Hospital Pediátrico – México | La Gasca ‑ Ecuador New Orleans Community Outpost ‑ Barbados New Orleans Homework Programme ‑ Barbados Public Action to Deliver Shelter |
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.
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' (Strong) rating from Fitch Ratings and that AM Best has also given an 'A' (Excellent) rating to Pan‑American Casualty Company.
These ratings are strong endorsements of the financial strength that enables us to be there when our clients need us the most.
Fitch Ratings: 'A' (Strong)
As of October 17, 2024
AM Best Rating 'A' (Excellent)
As of November 9, 2023