Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, announced the appointment of Mr. Alex S. Rizo as Vice President, Accident and Health. The newly created position reflects Pan-American Lifes intent to expand its Accident and Health product offering in both domestic and international markets.
Pan-American Life Insurance Group appoints Alex S. Rizo as the new Vice President, Accident and Health. (Photo: Business Wire)
These lines of business are an important part of our strategy to solidify Pan-American Life as a partner of choice for the insurance needs of individuals and businesses across the Americas, said José S. Suquet, Chairman of the Board, President and CEO of Pan-American Life. From that standpoint, it was vital for us to recruit an experienced individual whose knowledge and expertise will drive the growth of our Mass Marketing and Personal Accident businesses in Latin America and the Caribbean and at the same time support our U.S. GWI Group Accident, Blanket Accident and Occupational Accident business.
As Vice President, Accident and Health, Rizos key responsibilities will be to oversee operations, sales and product development for the Accident and Health lines of business in all of the jurisdictions that Pan-American Life currently operates in.
Alex is a great fit for this position and for Pan-American Life, Suquet added. I am extremely confident that with him on board in this capacity, we will strengthen our ability to deliver best in class life, health and accident solutions to clients in all of the markets where we have presence.
Rizos previous professional experience includes his 22-year tenure with American International Group (AIG), during which time he worked across Latin America, notably in Chile, Colombia, Panama and Uruguay. Most recently he served as the Executive Director and Vice President, Consumer Division Head in Mexico. In that capacity, he managed a US$100 million division comprised of several lines of business including Accident and Health.
Rizo obtained a Bachelor of Business Administration in Accounting from Xavier University in Cincinnati, Ohio and a Master of International Management- Marketing and Finance from Thunderbird, The American Graduate School of International Management in Glendale, Arizona. He is fluent in both English and Spanish and will be based in Pan-American Lifes Miami office.
About Pan-American Life
The Pan-American Life Insurance Group is a leading provider of insurance and financial services throughout the Americas. New Orleans-based Pan-American Life Insurance Company, the Group’s flagship member, has been delivering trusted financial services since 1911, employing more than 1,400 worldwide, providing top-rated life and health insurance, employee benefits and financial services in 47 states, the District of Columbia (DC), Puerto Rico, and the U.S. Virgin Islands. The Groups member companies offer individual and/or group life and health insurance throughout Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 15 Caribbean markets, including Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more information, visit the Pan-American Life Web site at palig.com.