Pan-American Life Insurance Group Names Frank Recio as VP of International Business Technology

Pan-American Life Insurance Group (PALIG) said that Frank Recio has joined the company as Vice President, International Business Technology with a mandate to drive systems efficiency and effectiveness through the implementation of strategic business process initiatives.

"We are very excited to have Frank join Pan-American Life in this capacity," said Jose S. Suquet, Chairman of the Board, President and CEO of Pan-American Life. "He has collaborated with us as a consultant on key corporate projects in the past so he knows the company well and we are confident that his high level expertise in life, accident and health insurance operations will be a great asset to us as we continue growing across the Americas."

Recio's professional experience includes providing consulting and risk management services to MetLife Mexico; AXA Assistance; Grupo Nacional Provincial (Mexico); Jackson Memorial Hospital; Allianz (Ireland); Amil (Brazil); MMM Healthcare (Puerto Rico); INS (Costa Rica); Vanbreda (Belgium); and Pan-American Life, among others.

"Pan-American Life is a dynamic company and there are a lot of opportunities available to us in the different markets that we operate in," Suquet said. "Leveraging those possibilities means investing in the continuous improvement of our systems support infrastructure, which in turn has a positive impact on the service we deliver to our agents, brokers and policyholders."

In 2005 Recio co-founded Redbridge and served as its Director, and within seven years, he helped grow the operations to include eight divisions, 150 employees, $12 million in Revenue and $75 million in premiums under management.

The Pan-American Life Insurance Group is a provider of insurance and financial services throughout the Americas.

Company Information:

http://www.palig.com

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