Hispanicize 2017 has ended
avatar for José S. Suquet

José S. Suquet

Pan-American Life Insurance Group
Chairman of the Board, President & CEO
José S. Suquet is chairman of the board, president and CEO of Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, established in 1911. Mr. Suquet’s leadership and commitment to change have paved the way for growth and success since he joined the company as President and CEO in November 2004. In his more than 10 years leading the PALIG organization, Mr. Suquet and his management team have more than doubled the size of the company through consistent organic growth and strategic mergers and acquisitions with a renewed focus on life, health and personal accident insurance, while expanding its historical footprint throughout the Americas. Mr. Suquet’s international industry experience guided his strategy to restructure the group’s operations and focus on core areas of business growth opportunity in life and health insurance, while also stabilizing the company’s operational model and implementing a comprehensive Enterprise Risk Management program. Mr. Suquet was appointed Chairman of the Board in January 2008, and despite the subsequent economic downturn, PALIG achieved record revenue growth and operating earnings which increased its total capital to an all-time high. In 2010, A.M. Best upgraded the company's "Financial Strength Rating" from "A-" to "A" and Fitch Ratings reaffirmed "A" rating with a stable outlook. In 2012 under Mr. Suquet’s leadership, PALIG acquired approximately $675 million in MetLife Alico/Algico assets across 15 countries in Central America and the Caribbean, further establishing the company as a leading insurance carrier in the region. , In 2015, Mr. Suquet then led the merger between Pan-American Life Mutual Holding Company and Mutual Trust Holding Company, a U.S. whole life mutual insurance company. Mr. Suquet has served in multiple corporate, governmental and non-profit Boards. He currently serves as director for the Regions Financial Corporation and The American Council of Life Insurers' (ACLI) Board of Directors, ; as well as the Ochsner Health System. Prior to joining PALIG, Mr. Suquet held senior management posts in the insurance industry for more than three decades, including serving as senior executive vice president and chief distribution officer of AXA Financial. He also opened “The Suquet Agency” which was among the sales and marketing leaders of The Equitable and awarded Equitable’s President's Trophy for eight consecutive years.. Mr. Suquet was born in Cuba and graduated from Fordham University (New York) with a Bachelor of Science and holds an M.B.A. from the University of Miami.