BNET Industries

Pan-American Life Insurance Co.

is in the Business Services Industry

Last Fiscal Year Sales:$1.0B
  • Private
  • US
Dow Jones Description

Pan-American Life Insurance Company, along with its domestic and international subsidiaries, operates under a parent holding company the Pan-American Life Insurance Group. The Pan-American Life Insurance Group was part of the company's reorganization under a mutual holding company structure. The move was overwhelmingly approved by policyholders in fall 2006 and by the Louisiana Department of Insurance. Under a mutual holding company structure, Pan-American Life has additional means to raise capital and more organizational flexibility, creating opportunities for greater growth through acquisitions and further financial strengthening of the company. The mutual holding company structure also provides a number of different capital raising options that a mutual insurance company does not have, while maintaining and preserving policyholder control and membership rights. The reorganization did not cause any change in premiums or a reduction in policy benefits, values or guarantees, and policyholder dividends were protected. Pan-American Life received 30,890 votes from eligible policyholders, with 95.5% being in favor of adopting the plan of reorganization. This successful vote came just months after the Board of Directors unanimously approved the plan.

Chairman, President & CEO
Jose S. Suquet
Number of Employees 600
Contact Information

601 Poydras St

New Orleans, Louisiana 70130-6029

www.panamerican...

(504) 566-3554

NAICS Code Offices of Lawyers: 541110

News & Analysis

pan-american life insurance co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Carlos F. Mickan Executive Vice President and Chief Financial Officer (Cfo)
Gregg M. Schneider Senior Vice President and Chief Actuary
Karen Chauvin Chief Information Officer
Luis Ingles Chief Investment Officer
Rodolfo J Rudy Revuelta Senior Vice President and Chief Investment Officer
Eugenio Magdalena Executive Vice President, Intl Affairs
G. Patrick McGunagle Executive Vice President
Patrick McGunagle Executive Vice President
Richard White Executive Vice President, Domestic Markets
Felix Martinez Senior Vice President, International Sales
Patrick Fraizer Senior Vice President of Human Resources and General Counsel
William T. Steen General Counsel, Senior Vice President & Secretary
Arturo Ronderos Vice President, Intl & Domestic Life Insurance Operations
Carlos Adame General Counsel & Vice President
David M. Cheek Vice President, Sales
Gregory D. Adams Vice President
John P. Foley Head, Product Dev & Vice President, Operations
Kathleen L. Smith Vice President, Audit
Lisa Baudot Second Vice President, Securities
Lory Dupuy Vice President
Marta Reeves Vice President for Corporate Marketing
Naima Velasquez Field Vice President, International Sales
Norman Hodgins Vice President, Individual Sales, US
Patrick Bowen Vice President, Sales
Phillip Straub Second Vice President, Individual Sales
Rafael R. Shabetai Vice President
Raul Villaverde Vice President, Intl Operations
Rene E. Lamar Reg Vice President, Institutional Sales & US Retail Dev
Ronnie Spedale Vice President, Sales, Marketing
George McDonald General Manager
Alfredo Ricord Operations Manager
Cecilia Salazar Operations Manager
Jose Arturo Gomez Operations Manager
Maria Del Rosario Alvarez Operations Manager
Maria Teresa Bolanos Operations Manager
Salvador Irungaray Operations Manager
Yarai Samaniego Operations Manager
Daniel E. LaGrone Associate General Counsel
Jennifer Template Compliance Analyst
Lydia Dominguez Compliance Analyst
Oliver Williams Illustration Software Developer
Peggy Geauthreaux Sales Support Coordinator
Henry Goodrich Jr. Director

Board of Directors

Name (plus bio) Position
Jose S. Suquet Chairman, President & CEO

Mr. Suquet is president and CEO of Pan-American Life Insurance Group Inc. New Orleans-based Pan-American Life has been a leading international insurance company for more than 95 years. Founded in 1911, Pan-American Life employs more than 700 worldwide, providing its top-rated life, group life and health and worksite benefits in 43 states, the District of Columbia (DC) and Puerto Rico. Its international operations, offering life and group health insurance throughout Latin America, include affiliates in Panama, Guatemala and Colombia, and branch offices in Ecuador, El Salvador and Honduras. Mr. Suquet has held senior management posts in the insurance industry for more than two decades, including serving as senior executive vice president of AXA Financial, with responsibilities that included managing the company's multiple distribution channels and service operations. During his 6-year tenure at the company's corporate office, AXA's sales rose from $5.5 billion to more than $13 billion. Over the past 25 years, he has served major insurance organizations in management, operations, sales and marketing positions for both domestic and overseas operations. Mr. Suquet was born in Cuba and graduated from Fordham University (New York) with a Bachelors of Arts. He also holds an M.B.A. from the University of Miami. He has long been involved in professional and industry associations, and is past chairman of LIMRA International and a former member of the board of trustees of the American College (a professional institution that provides advanced degrees in the industry.) While living in New York, Mr. Suquet served as a director of the Greater New York YMCA and as a trustee of the Browning School. Before moving to New York City, Mr. Suquet was prominent in Miami civic and business affairs, where his general agency The Suquet Agency was among the sales and marketing leaders of The Equitable. The Suquet Agency was awarded Equitable President's Trophy for eight straight years under his management. In Miami, Mr. Suquet was chairman-elect of the Beacon Council comprised of business, civic and government leaders in the region- and was a trustee of Florida International University Foundation. He was also a trustee of Baptist Hospital Foundation and the Alexis de Tocqueville Society of United Way. Mr. Suquet serves on the board of trustees of the United Way of the Greater New Orleans Area and is vice chairman of the United Way campaign for 2007. He is a board member of the Ochsner Health System and Greater New Orleans Inc. Mr. Suquet is also a member of the Business Council of New Orleans and the River Region.

Organization Position Status
Pan-American Life Insurance Company Chairman, President & CEO Current
Greater New Orleans, Inc Board Member Current
Ochsner Health System Board Member Current
Limra International Inc. Chairman Former
University of Miami M.B.A. Former
Fordham University Bachelors of Arts Former

Organization Position Status
Pan-American Life Insurance Company Executive Vice President and Chief Financial Officer (Cfo) Current
Principal International, Inc. Cfo Former
Principal International, Inc. Senior Vice President Former
Principal Financial Group, Inc. Former
University of South Carolina M.B.A In International Business Former

Organization Position Status
Pan-American Life Insurance Company Senior Vice President and Chief Actuary Current
American Academy of Actuaries Board of Directors Current
American Academy of Actuaries Member Current
Sentry Insurance Vice President Former
Deloitte & Touche LLP Consulting Actuary Former
Deloitte Touche Tohmatsu consulting actuary Former

Organization Position Status
Pan-American Life Insurance Company Chief Information Officer Current
Pan-American Life Insurance Company Software Developer Current
Pan-American Life Insurance Company Vice President, Solution Services & Info Technology Former
Pan-American Life Insurance Company It Manager Former
Louisiana State University Bachelor of Science In Computer Science Former

Organization Position Status
Pan-American Life Insurance Company Chief Investment Officer Current

Rodolfo J. "Rudy" Revuelta is responsible for the corporate and mortgage-backed securities portfolios of Pan-American's U.S. and Latin American branches and affiliates. Mr. Revuelta began his professional career with Pan-American Life in 1976 as a Latin American securities analyst and was named vice president in 1993.

Organization Position Status
Pan-American Life Insurance Company Senior Vice President and Chief Investment Officer Current
CFA Institute Member Current
Pan-American Life Insurance Company Latin American Securities Analyst Former
University of Florida Bsba and Mba Degrees (1973 Former

Organization Position Status
Pan-American Life Insurance Company Executive Vice President, Intl Affairs Current
Cranfield School of Management M.B.A Former
The Catholic University of America Degree In Economics Former

Organization Position Status
Pan-American Life Insurance Company Executive Vice President Current

Organization Position Status
Pan-American Life Insurance Company Executive Vice President Current
Fortent Executive Current
AXA Financial, Inc. Senior Vice President Former
University of Pittsburgh Masters Degree In Public Administration Former
Harvard University Masters degree in Public Administration Former
University of Pittsburgh B.A. in Economics Former

Organization Position Status
Pan-American Life Insurance Company Executive Vice President, Domestic Markets Current
University of Nebraska Bachelor of Science In Business Administration Former

Mr. Martinez is responsible for developing our international markets and managing the international individual insurance and group international operations in countries where we have a corporate presence. With more than 35 years of practice, his efforts are focused on gaining market share, developing distribution and contributing to corporate profits. Mr. Martinez came to Pan-American Life in 1996 from John Hancock Life Insurance Company in Boston where he was director of agency development. His responsibilities as a director included the development of the independent agency distribution system for John Hancock for the domestic market. Before working for John Hancock, Mr. Martinez spent 24 years with Confederation Life Insurance Company in Atlanta where he held numerous marketing responsibilities and positions, including director of agency management and international market development Mr. Martinez earned a bachelor's degree of arts in business administration from Universidad Interamericana de Puerto Rico.

Organization Position Status
Pan-American Life Insurance Company Senior Vice President, International Sales Current
Confederation Life Insurance Company Former

Organization Position Status
Pan-American Life Insurance Company Senior Vice President of Human Resources and General Counsel Current
The Iowa State Bar Association Board of Directors Current
Iowa Society of Certified Public Accountants Board of Directors Current
Principal Financial Group, Inc. Vice President Former
Principal Financial Group, Inc. Senior International Counsel Former

Organization Position Status
Pan-American Life Insurance Company General Counsel, Senior Vice President & Secretary Current
Americaninstitute.Com member Former
Boston University LLM in Taxation Former
Loyola University BBA Former

Organization Position Status
Pan-American Life Insurance Company Vice President, Intl & Domestic Life Insurance Operations Current

Organization Position Status
Pan-American Life Insurance Company General Counsel & Vice President Current

Organization Position Status
Pan-American Life Insurance Company Vice President, Sales Current

Organization Position Status
Pan-American Life Insurance Company Vice President Current
Louisiana State University BS in Math and an MS in Applied Math Former

Organization Position Status
Pan-American Life Insurance Company Head, Product Dev & Vice President, Operations Current

Organization Position Status
Pan-American Life Insurance Company Vice President, Audit Current
KPMG International Senior Manager) and OMNI Former

Organization Position Status
Pan-American Life Insurance Company Second Vice President, Securities Current
Loyola University BBA in Finance and also an MBA Former

Organization Position Status
Pan-American Life Insurance Company Vice President Current

Organization Position Status
Pan-American Life Insurance Company Vice President for Corporate Marketing Current
Corporate Marketing, Inc. Vice President for Corporate Marketing Former
Principal International, Inc. Director of Direct Marketing Former
Principal Financial Group, Inc. Director of Direct Marketing Former
Aetna Inc. Former
CIGNA Corporation Former
University of Miami M.B.A In International Business Former
Texas Christian University Bachelor's Degree Former

Organization Position Status
Pan-American Life Insurance Company Field Vice President, International Sales Current
Pan-American Life Insurance Company Director, International Sales Former

Organization Position Status
Pan-American Life Insurance Company Vice President, Individual Sales, US Current

Organization Position Status
Pan-American Life Insurance Company Vice President, Sales Current

Organization Position Status
Pan-American Life Insurance Company Second Vice President, Individual Sales Current

Organization Position Status
Pan-American Life Insurance Company Vice President Current

Organization Position Status
Pan-American Life Insurance Company Vice President, Intl Operations Current
American Express Company Vice President of International Finance Former

Organization Position Status
Pan-American Life Insurance Company Reg Vice President, Institutional Sales & US Retail Dev Current

Organization Position Status
Pan-American Life Insurance Company Vice President, Sales, Marketing Current

Organization Position Status
Pan-American Life Insurance Company General Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Operations Manager Current

Organization Position Status
Pan-American Life Insurance Company Associate General Counsel Current
University of Virginia J.D. Former

Organization Position Status
Pan-American Life Insurance Company Compliance Analyst Current

Organization Position Status
Pan-American Life Insurance Company Compliance Analyst Current

Organization Position Status
Pan-American Life Insurance Company Illustration Software Developer Current

Organization Position Status
Pan-American Life Insurance Company Sales Support Coordinator Current

Organization Position Status
Goodrich Petroleum Corporation Manager Current
Goodrich Petroleum Corporation Chairman Current
Pan-American Life Insurance Company Director Current
Goodrich Petroleum Corporation Vice President, Corp Planning & Business Development Former
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