A. M. 
Inversiones Cuscatlán Centroamérica, a leading investor in the regional financial sector and main shareholder of SISA Seguros, the number one insurance company in El Salvador, announces the purchase of up to 90% of the shares of Aseguradora Confío S.A. in Guatemala. This acquisition represents a significant step in the regionalization strategy of Inversiones Cuscatlán, reinforcing its deep commitment to the development of Central America and its desire to provide the best insurance products and quality customer service in Guatemala.
At this stage, Aseguradora Confío will continue to operate as it has been doing. The current conditions of customers’ insurance contracts will remain unchanged, guaranteeing the continuity and stability of the service they know and trust. In the coming months, Aseguradora Confío S.A. will change its name to SISA Seguros, a process of which clients and intermediaries will be kept informed every step of the way.
The President of Inversiones Cuscatlán, Mr. Federico Nasser Facussé, commented: “We are pleased to conclude the closing of this strategic investment, which will allow us to bring to Guatemalans all the experience of a world-class insurer, with 1.4 million policyholders in El Salvador alone and 62 years of experience, as part of our commitment to sustainable development and to serve Guatemala and Central America”.
The President of SISA Seguros, Eduardo Montenegro Palomo, expressed, ”We feel fortunate to have the opportunity to serve Guatemalans through innovative products, focusing all our efforts on excellence in service to our customers”.
Inversiones Cuscatlán Centroamérica, known for its strong presence in the financial sector in El Salvador, Guatemala and Honduras, acts as a holding company for various banking and insurance businesses in the region. To date, it has a client portfolio of close to 2 million clients in El Salvador, Honduras and Guatemala, and seeks to consolidate its position as a leader in service in Central America and the Northern Triangle.
