What Does Grupo ASSA Do?

Total employees2300
HeadquartersPanama City
Founded1980

Grupo ASSA (ASSA Compañía de Seguros, S.A. and its subsidiaries) is a prominent Central American insurance group headquartered in Panama. It offers a comprehensive suite of insurance products, including life, health, auto, property, and casualty insurance, as well as surety bonds and financial services. With a strong presence in Panama, Costa Rica, Nicaragua, El Salvador, Guatemala, and Honduras, Grupo ASSA serves both individual and corporate clients, emphasizing financial strength, innovation, and customer-centric solutions. The company is recognized for its solid market position and regional expertise.

Where Is Grupo ASSA's Headquarters?

HQ Function

The headquarters serves as the central command for strategic planning, corporate governance, financial oversight, risk management, and coordination of operations across its Central American subsidiaries.

Notable Features:

Edificio ASSA is a modern, prominent office building situated in Panama City's bustling financial district, reflecting the company's stability and leadership in the insurance sector.

Work Culture:

The work culture at Grupo ASSA's headquarters is likely professional, dynamic, and collaborative, focusing on excellence, ethical conduct, and fostering talent to drive regional growth and customer satisfaction.

HQ Significance:

Its location in Panama City provides excellent connectivity and access to international financial markets, supporting its role as a leading insurer in the Central American region.

Values Reflected in HQ: The headquarters' design and operations likely reflect Grupo ASSA's core values of integrity, solvency, customer focus, and innovation.

Location:

Grupo ASSA maintains a robust regional presence across Central America, with fully operational offices in Panama, Costa Rica, Nicaragua, El Salvador, Guatemala, and Honduras. Each country operation supports core functions including underwriting, claims processing, customer service, sales, marketing, and local regulatory compliance, tailored to meet the specific needs of each market while adhering to the group's overall strategic direction.

Street Address:

Avenida Balboa y Calle 41, Edificio ASSA

City:

Panama City

State/Province:

Panamá

Country:

Panama

Where Else Does Grupo ASSA Operate Around the World?

San José, Costa Rica

Address: Oficentro Ejecutivo La Sabana, Edificio 7, Piso 2, Sabana Sur, San José, Costa Rica

Serves as the primary operational hub for Costa Rica, adapting Grupo ASSA's regional strategies to local market conditions and client needs.

San Salvador, El Salvador

Address: Edificio ASSA, Alameda Dr. Manuel Enrique Araujo, Kilómetro 3.5, San Salvador, El Salvador

Strengthens Grupo ASSA's presence in the northern part of Central America, catering to the specific insurance demands of the Salvadoran market.

Managua, Nicaragua

Address: Edificio ASSA, Pista Jean Paul Genie, Frente a Galerías Santo Domingo, Managua, Nicaragua

Ensures comprehensive insurance coverage and service delivery within Nicaragua, contributing to Grupo ASSA's regional footprint.

Buying Intent Signals for Grupo ASSA

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Grupo ASSA? Meet the Executive Team

As of April 2025, Grupo ASSA' leadership includes:

Ricardo Fábrega - Chief Executive Officer (CEO) - ASSA Compañía de Seguros, S.A.
Eduardo Fábrega - Presidente Ejecutivo Regional (Regional Executive President)
Juan Esteban Hincapié - Chief Financial Officer (CFO)
Stanley Motta - Chairman of the Board of Directors (ASSA Compañía de Seguros, S.A.)

Who's Investing in Grupo ASSA?

Grupo ASSA has been backed by several prominent investors over the years, including:

Inversiones Bahía, Ltd. (Principal Shareholder)
Public investors via Bolsa de Valores de Panamá (ASSA is a listed company)

What Leadership Changes Has Grupo ASSA Seen Recently?

Hire0
Exits0

Specific executive new hires or exits for Grupo ASSA at the group level are not prominently featured in public news within the last 12 months. Major leadership transitions are typically communicated through official channels and regulatory filings. Country-specific leadership roles may see more frequent updates.

What Technology (Tech Stack) Is Used byGrupo ASSA?

Discover the tools Grupo ASSA uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Grupo ASSA Email Formats and Examples

Grupo ASSA likely uses standardized email formats for its corporate communications. Common formats include [first_initial][last] or [first].[last] followed by the company domain.

[first_initial][last]@assanet.com (e.g., jdoe@assanet.com) or [first].[last]@assanet.com (e.g., jane.doe@assanet.com). Country-specific domains like @assa.com.pa may also be used.

Format

rfrabrega@assanet.com

Example

80%

Success rate

What's the Latest News About Grupo ASSA?

Fitch RatingsJune 15, 2023

Fitch Affirms ASSA Compañía de Seguros' IFS at 'BBB+'; Outlook Stable

Fitch Ratings affirmed the Insurer Financial Strength (IFS) Rating of ASSA Compañía de Seguros, S.A. (ASSA) at 'BBB+' with a Stable Outlook. The affirmation reflects ASSA's strong business profile, good technical profitability, and robust capitalization....more

PR Newswire (referencing AM Best)February 7, 2024

AM Best Affirms Credit Ratings of ASSA Compañía de Seguros, S.A.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of 'a' (Excellent) of ASSA Compañía de Seguros, S.A. (ASSA) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ASSA's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM)....more

BNamericasOctober 5, 2023

ASSA acquires Sura Panama's life insurance portfolio

Panamanian insurer ASSA Compañía de Seguros has agreed to acquire the individual life insurance portfolio of Seguros Sura in Panama. This strategic move aims to strengthen ASSA's market position in the life insurance segment within Panama....more

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