Grupo Assa S.A. (Panama)

Grupo Assa S.A. is a company located in Panama. The company is committed to providing excellent service to its customers and its main distribution channels are agents and agencies for Personal Lines (Life, Health, Accidents, and Collective), brokers for General Lines (including Bonds), and some direct accounts. To serve clients and intermediaries, Grupo Assa S.A. has branches in David, Chitré, Santiago, Chorrera, Penonomé, and in Panama City, with its headquarters located at Calle 50 and Vía Ricardo J. Alfaro, Plaza Assa. All branches have the capacity to issue policies, and the branches in David, Chitré, and Santiago also handle claims adjustments. The Commercial Executive Vice Presidency focuses on building relationships with brokers by structuring the area according to the needs of each group. In 2009, a Commercial Director for Life and Accidents was established to manage relationships with agencies, brokers, and brokers in the Life segment. Additionally, the Commercial Branches Department serves branch brokers, which has a significant impact on their projections. The company also has a Mass Accounts Management that handles relationships with entities that provide non-traditional distribution channels, and a Corporate Commercial Management that is responsible for developing and maintaining a customer service focus for corporate clients. The Underwriting Executive Vice Presidency is supported by the Underwriting Directors for Personal Lines, General Lines, and Bonds, each of which is responsible for the comprehensive management of each product. The company also has a Reinsurance and Actuarial Department.