Spurred by new challenges and opportunities in the Chilean market, Grupo Security purchased Swiss Life Network Partner Cruz del Sur in June 2013.
Grupo Security is a financial conglomerate known for its excellent customer service and comprehensive solutions in business areas extending from financial advisory and asset management to insurance, travel and real estate. The takeover enables Grupo Security and Cruz del Sur to further enhance their services to meet the needs of their customers and other stakeholders.
With the integration of Cruz del Sur into Grupo Security, the financial holding has become one of the largest in Chile. It now holds third place among local life insurance companies measured by direct annual premiums and market share. Grupo Security has also increased its assets under management by 50%, and has become the fourth largest local fund manager.
Cruz del Sur and Grupo Security share a common culture and values, with both firms dedicated to professional excellence, sound business ethics, transparency, honesty and personalized service. The Swiss Life Network looks forward to offering multinational clients continuing first-class solutions in Chile.
For more information
Andrés Valenzuela - Director of Sales Division - Cruz del Sur una Empresa del Grupo Security
