Press Releases
Pan-American Life Appoints Richard White Executive Vice President – Domestic Markets
NEW ORLEANS 3/18/2008 12:10:00 AM
NEW ORLEANS, Mar.18 — Pan-American Life Insurance Company names Richard White Executive Vice President-Domestic Markets.
In this newly created position, Mr. White will provide leadership and oversight to all areas within Special Markets, US Hispanic, Worksite and the Puerto Rico health business. His role includes supervising the development of products and business relationships to ensure growth and profitability consistent with the company's business objectives and strategies in these areas.
Previously, Mr. White was a Senior Vice President of Group Insurance, a $4 billion business, with The Guardian Life Insurance Company, where he established and drove a diversification strategy by growing the company's core group life, dental and disability products. This included a Worksite business that doubled in size to over $500 million of premium in five years under his leadership.
"Senior direction, management and execution are critical, particularly in the evolution of our US Hispanic and Worksite models," said José S. Suquet, Chairman of the Board, President and CEO of Pan-American Life. "Richard White's 23 years of experience in the insurance industry and particularly in growing business lines, makes him the right person to spearhead our growth strategy in the domestic market."
Mr. White earned a Bachelor of Science in Business Administration from the University of Nebraska and holds certificates in Marketing Management from Columbia University and Organizational & Executive Coaching from New York University. He and his family will be relocating to New Orleans.
About Pan-American Life
The Pan-American Life Insurance Group is a leading provider of insurance and financial services serving nearly half a million customers 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 700 worldwide, providing top-rated life and health insurance, worksite benefits and financial services in 47 states, the District of Columbia (DC) and Puerto Rico. The Group’s member companies offer individual and/or group life and health insurance throughout Latin America. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Panama, Puerto Rico, and the Cayman Islands. For more information, visit the Pan-American Life Web site at www.panamericanlife.com
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