Pan-American Life Insurance Group (PALIG), a New Orleans-based provider of insurance and financial services, has introduced a new Pan-American Private Client in Florida.

Pan-American Private Client will extend a one-stop, full service life and health insurance offering for high net worth individuals living outside of the US.

Hispanic market, a provider of life and health insurance in Latin America and the US, has said the launch of Pan-American Private Client in the city of Miami was a natural evolution in continued growth for the Group considering the city’s market niche in the international financial sector.

Through Pan-American Private Client will provide international health insurance seekers with access to dedicated service and first class health benefits, delivered through an extensive network of medical providers in the US and Latin America.

Pan-American Private Client life coverage is underwritten by Pan-American Assurance Company International.

PALIG chairman of the board, president and CEO Jose Suquet said Pan-American Private Client will function as a sales, marketing and underwriting office developed for this specialized, high growth segment of the insurance industry.

"Pan-American Private Client will be co-led by Bruce Parker, president global life and Michael Carricarte, president international major medical.

Carricarte said Private Client will expand on Pan-American Life’s multicultural heritage and experience to deliver best in class service through an exclusive team created to cater to the unique needs of affluent clientele.