Pan-American Life Insurance Group and Coalition for College Savings Partner To Provide Accident Insurance Coverage

NEW ORLEANS–(BUSINESS WIRE)–Pan-American Life Insurance Group (PALIG), a leading provider of
insurance and financial services throughout the Americas, and the
Coalition for College Savings (The Coalition), an organization that
works to leverage the collective buying power of private colleges,
announced today that they are partnering to provide The Coalition’s
member institutions with best in class accident insurance coverage.

The partnership will allow the member institutions to benefit from
unique coverage and discounted rates on mandatory student and faculty
accident insurance, student travel insurance, and insurance coverage for
intercollegiate athletes.

“Our partnership with The Coalition is a reflection of the increased
awareness we’re seeing among institutions and other businesses when it
comes to the importance of offering accident insurance. The imperative
is even stronger for higher education institutions where in addition to
their faculty, they are responsible for the health, safety and security
of their students,” said Carlo Mulvenna, Vice-President of U.S. Benefits
at Pan-American Life. “So while you can’t predict when an accident will
happen, you can establish a safety net that will provide the resources
to respond quickly and effectively when necessary.”

Member institutions that participate in the program will have the
benefit of Pan-American Life Insurance Company’s superior financial
strength including its stellar credit ratings from the Fitch Ratings and
A.M. Best rating agencies. They will also have access to in-house claims
processing capabilities and individual risk underwriters.

“In response to the needs expressed by our member institutions, we
sought to find a strong, secure, committed provider of accident
insurance, particularly for athletic programs. Pan-American Life is an A
rated company with innovative solutions focused on higher education,”
said Lyen Crews, President of the Coalition for College Cost Savings.
“We are excited to release this new program to our members and look
forward to a productive partnership.”

For more information on Pan-American Life and the products and services
it offers in the United States visit palig.com or call Grant Mathews,
Director of Business Development and Support at (214) 291-7490. For more
on the Coalition for College Savings visit their website www.thecoalition.us.

About Pan-American Life Insurance Group

Pan-American Life Insurance Group is a leading provider of insurance
and financial services throughout the Americas that has been delivering
trusted financial services since 1911. The New Orleans-based Group is
comprised of more than twenty member companies, employs more than 1,850
worldwide and offers top-rated individual and/or group life, accident
and health insurance, employee benefits and financial services in 49
states, the District of Columbia (DC), Puerto Rico, the U.S. Virgin
Islands, and throughout Latin America and the Caribbean. The Group has
branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador,
Guatemala, Honduras, Mexico, Panama, and 13 Caribbean markets, including
Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more
information, visit the Pan-American Life Web site at palig.com, like us
on Facebook @PanAmericanLife, follow us on Twitter @PanAmericanLife, and
connect with us on LinkedIn at Pan-American Life Insurance Group.

About the Coalition for College Savings

The Coalition for College Cost Savings (The Coalition) was conceived
as a catalyst for the first comprehensive and collaborative purchasing
effort focused exclusively on independent, private higher education. The
Coalition’s goals are to leverage the collective buying power of private
colleges to reduce operating costs, improve the efficiency of internal
procedures and ultimately lower the cost of delivering education.

Contacts

Pan-American Life Insurance Group
Marta C. Reeves, 504-566-3112
MReeves@palig.com
or
Fleishman-Hillard
Isabel
Abislaiman, 305-520-9017
isabel.abislaiman@fleishman.com
or
The
Coalition for College Savings
Jessie Werner, 850-391-0720
werner@thecoalition.us