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El Salvador
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.
PALIG in El Salvador
In 1928, Pan‑American Life opened its doors in El Salvador. Later in 1931, the company gained momentum and international prestige, as it earned its place as a leading individual life insurance company in the country.
As the company consolidated its position in El Salvador, Pan‑American Life continued to invest in the country and over the years developed an unrivaled executive and employee team that has gained the trust of insureds, providing them with peace of mind and financial security.
A Message from our Country Manager ‑ María Teresa Bolaños
For 95 years, through discipline and commitment we have worked hard to have a positive impact on the industry and community in El Salvador.
Our value proposition is backed by a clear focus on service and differentiated products of life, health, and personal accident insurance, which have served our policyholders in the most important moments of their lives. Their needs, aspirations, and dreams are the driving force behind our mission.
We continue to find ways to offer our customers and insurance brokers an exceptional experience and I look forward to continuing to build on our legacy of financial strength as we approach our first centennial in El Salvador.
We are ready to continue delivering on our promise and being a valuable partner for all of those who have placed their trust in us.
PALIG
Our Leadership
Local Leadership
Executive Management Team
Local Leadership
Local Leadership
Executive Management Team
Executive Management Team
María Teresa Bolaños
Country Manager
Linda Ábrego
Finance and Administrative Manager
Raquel Macías
National Sales Manager
Claudia de Arias
Operations Manager
Lorena Arévalo Azucena
Legal Counsel
Francisco Rodriguez
Director, Underwriting
Luz del Carmen Escobar de Bonilla
Risk Officer
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.
Empowering Women’s Health: In 2023, we donated 100 mammograms to low‑income women in El Salvador, so that more women can have access to life‑saving tests that can provide early detection of breast cancer.
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.
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.
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 January 22, 2025