El Salvador's Asesuisa discusses risk management, strategic direction with stakeholders

El Salvador-based Asesuisa, the largest insurer in El Salvador, recently hosted a conversation with stakeholders on its Strategic Direction and Vision of Trends and Risk Management (GTR) vision.

Enzo Bizzaro, chief executive of Asesuisa, explained that the goal of the conversation was to discuss the strategic vision of Grupo de Inversiones Suramericana and the risk to insurers in gaining greater penetration in other countries, an Asesuisa release said. In 2012, Asesuisa was sold to Grupo de Inversiones Suramericana.

Dr. Juana Francisca Llano Cadavid, corporate vice president of insurance at Suramerica, said that the GTR refers to generating visibility through anticipation and decision making, which translates into optimizing opportunities and managing uncertainty, the release said.

“The environment now requires a much more structured risk management, to have a more holistic view of things, where we not only see our own industry but all those around us, because we all converge on the same point,” she said in the release.

The success of the GTR model depends on integrity with the environment through knowledge of its customers, talents, shareholders, and the public, she said.