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2016-01-18

PA Group Named Charles Jorge New President

Jorge New President

MIAMI, 2016-01-15 19:51 CET (GLOBE NEWSWIRE) -- PA Group, Premier Assurance
Group SPC Ltd., announced the appointment of Charles Jorge, who served as PA
Group’s Senior Vice President of Business Development, as its new President and
the transition of current President, Leonardo L. Cornide, to the position of
Chairman of the Board.

“We are at a stage in our company’s growth where we need to scale our efforts
and increase our global expertise. We believe that Charles Jorge has the
appropriate skills and vision to take our company to the next level,” said
Leonardo L. Cornide.

Before joining PA Group, Charles Jorge was President at Worldwide Medical
Assurance Ltd., an international insurance and reinsurance company
headquartered in Panama. Prior to this position, he led, as VP of Sales and
Marketing, the Life Division of American Fidelity Assurance, an “A+” rated
company by A.M. Best since 1982. In addition, Mr. Jorge also has
well-documented success with Pan American Life Insurance Company, based at the
company’s headquarters in New Orleans, Louisiana. Charles Jorge brings 26 years
of prominent industry experience to PA Group.

“I am privileged to accept this opportunity to lead the talented team of
executives heading PA Group’s different operating divisions. I am committed to
see this company grow and reach its full potential and continued global
expansion,” said Charles, who joined PA Group in May 2014, and oversaw the
company’s revamping of its business development team and its successful
expansion in Latin America.

PA Group’s new appointed chairman, Leonardo L. Cornide, expressed confidence in
the company’s decision to name Charles as his successor. "Charlie is a
remarkable leader who has been responsible for a great portion of our success
over the past 19 months," said Cornide. “We are delighted that he has accepted
the position." Leonardo concluded, “I'm confident Charlie will ensure that PA
Group continues to make its name in the market, becoming a leader in providing
global insurance and international financial services.”

Mr. Jorge holds a Bachelor of Science in Business Administration from the
University of Central Florida, and a LIMRA Leadership Institute Fellow (LLIF)
designation, completed at the Wharton School of Business of the University of
Pennsylvania. Furthermore, Charles has distinguished himself as an industry
leader serving on several boards and councils for industry trade associations
such as LOMA and LIMRA, among others.

About PA Group
From protecting our clients’ health with worldwide coverage to helping them
achieve a successful financial future, PA Group creates financial security road
maps for life’s most significant events. For over 18 years PA Group has guided
and protected our international clients with comprehensive health and wealth
accumulation solutions. To learn more about PA Group, visit www.pagroupco.com.

A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/b01c696a-3fb6-44ba-b0...
5900e03

Photo is also available via AP PhotoExpress.

For media inquiries, contact Jackie Villavicencio, Marketing Manager of PA
Group, at (305) 405-7132 or email marketing@pagroupco.com.

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