Pan-American Life Insurance Group Announces New Blanket Accident Policy
NEW ORLEANS, Oct. 1, 2013 /PRNewswire/ -- Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, has announced the development of a new Blanket Accident product as the company continues to expand their personal accident business portfolio. The new program, underwritten by Greenwood International Insurance Services, Inc. (GWI), a wholly owned subsidiary of the Pan-American Life Insurance Group, provides a broad array of Accidental Death & Dismemberment (AD&D), Accident Medical, Accident Disability and Accident Dental benefits for a variety of groups, including but not limited to: employers, volunteer firefighters and non-profit, civic, fraternal and religious organizations. Included in this program is a Business Travel Accident insurance group plan designed to meet the needs of employees traveling in and outside the continental United States.
"We are excited to announce the roll-out of this new Blanket Accident Program which complements our existing individual and group personal accident product portfolio. This product delivers market-leading accident benefits for our prospective clients and their representatives," said John Foley, Senior Vice President – Domestic Markets, Pan-American Life Insurance Group.
"Based upon initial discussions with our brokers, the response to the new policy is favorable.
We are looking forward to a successful product launch," stated Joseph Sullivan, Chief Executive Officer, GWI.
Established in 2000, GWI underwrites and administers various insurance products including: Medical Stop Loss, Personal Accident, and Occupational Accident (Truckers and Texas Non-subscription). GWI was acquired by Pan-American Life Insurance Group in May 2011.
About Greenwood International Insurance Services, Inc.
Greenwood International Insurance Services, Inc., a wholly-owned subsidiary of the Pan-American Life Insurance Group, specializes in Medical Stop Loss, Blanket Accident, Group Accident and Occupational Accident (Truckers and Texas Nonsubscription) insurance. GWI delivers superior customer service and tailors coverage to the individual risk management needs of its clients. The company's personal attention to their brokers and agents fosters strong relationships, which has given the company a long-standing reputation as a leader in the reinsurance and insurance industries. For more information, visit GWI's web site at www.gwigroup.com
About Pan-American Life
The Pan-American Life Insurance Group is a leading provider of insurance and financial services 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 1,300 worldwide, providing top-rated life and health insurance, employee benefits and financial services in 47 states, the District of Columbia (DC), Puerto Rico, and the U.S. Virgin Islands. The Group's member companies offer individual and/or group life and health insurance throughout Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 15 Caribbean markets, including Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more information, visit the Pan-American Life website at palig.com
SOURCE Greenwood International Insurance Services, Inc.