Pan-American Life Insurance Group (PALIG) has entered into a partnership with Strategic Underwriting Solutions (SUS), a provider of health underwriting services, to expand its network of strategic partners.
The agreement will make the group’s flagship member company, Pan-American Life Insurance Company, a partner of choice for several of SUS’s existing programmes and its new business opportunities.
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PALIG said that this alliance is part of its growth strategy for its Special Markets business, a division of its US Group business unit.
Pan-American Life president of US Group John Foley said: “Pan-American Life has a long history providing best in class stop loss medical coverage options for employers. Our partnership with SUS will allow us to expand our network of strategic partners and enhance the reach of our expertise.”
SUS president and CEO Veronica Schmelzer said: “We are very excited about our new relationship with PALIG. Their strength and stability will be valuable as we continue our efforts to bring a wide variety of reliable, stable, stop loss carriers to our private label managers and all the distribution we represent.”
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