Costa Rica, a member country of the Inter-American Federation of Insurance Companies (FIDES), will host the next edition of the Western Hemisphere Insurance Conference in November 2025, under the name “FIDES Pura Vida.”
On Tuesday, September 26, during the closing dinner to cap off three days of debates at FIDES Rio 2023, the baton was passed to the country’s capital, San Jose, which will host the next international meeting of the insurance industry in the Americas and the Iberian Peninsula.
Costa Rica: hospitality is our nature
“Bearing in mind that hospitality is our nature, we have taken on the organization of this event with great joy and responsibility. Everyone will feel very welcome, as if they were at home,” said Fernando Víquez, the president of the Costa Rican Association of Private Insurers (AAP), which is tasked with organizing the next conference.
As well as announcing the country that will host the 39th Western Hemisphere Insurance Conference, the closing ceremony also handed out special awards to three outstanding figures in the insurance market: Pilar Gonzáles de Frutos, the president of the Spanish Union of Insurance and Reinsurance Organizations (Unespa); Pedro Zournadjan, the founder of El Asegurador, a publication that has reported on FIDES conferences for more than four decades; and Francisco Astelarra, FIDES’ secretary general and one of the key players in advancing the insurance market in Latin America, the United States and Spain.
The awards were presented by Rodrigo Bedoya, the president of FIDES. He also took the opportunity to announce Jorge Claude of the Chilean Association of Insurers (AACH) as the new head of the federation.
Rio: 2,000 participants, 78 sponsors and numerous exhibitors
FIDES 2023, organized by Brazil’s National Confederation of Insurers (CNseg), brought together around 2,000 participants, 78 sponsors and numerous exhibitors, offering an environment conducive to networking.
In an emotional speech, Bedoya bid farewell to Rio de Janeiro, the “Marvelous City,” acknowledging the efforts of the organizers, sponsors, exhibitors and speakers, stressing their commitment and tireless work in holding this edition of the event. “I cannot fail to highlight the valuable collaboration and networking we have experienced in Rio over the last three days. These meetings have allowed us to establish lasting ties and they have given us the chance to create synergies that will strengthen us as a sector,” he said.
Conference: participants were able to share their achievements, experiences and perspectives
FIDES Rio 2023, as the first edition after the COVID-19 pandemic, which struck the world in 2020 and 2021, underlined the importance of personal action by market players. “It’s clear that the entire insurance community was a bit disoriented and needed to share, as we did over the last few days,” Bedoya added.
During the last three days, the conference participants were able to share their achievements, experiences and perspectives, which will allow them to tackle the industry’s challenges more effectively going forward. According to Bedoya, the event helped the participants reflect on the need to strengthen insurance’s image and also reaffirmed the sector’s commitment to ethics, transparency and social responsibility, always prioritizing the well-being and safety of policyholders and the community as a whole.
FIDES is a nonprofit organization that represents 20 countries in Latin America, as well as the United States and Spain. Costa Rica is a Central American country with a population of around 4.9 million. In conversations during the Brazilian event, Víquez pointed out that his country has progressive environmental policies and it meets all the United Nations Development Program (UNDP) criteria established to constitute environmental sustainability, while ranking third in the Americas in the Environmental Performance Index.
The National Confederation of General Insurance, Pension, Life Insurance, Health Insurance and Lottery Bond Companies (CNseg) represents the sector’s companies in Brazil, which belong to four federations (FenSeg, FenaPrevi, FenaSaúde and FenaCap). CNseg’s core mission is to provide services that improve people’s lives and promote business activities, allowing the Brazilian economy to grow. Check out the latest news about our work on our website, on our insurance news hub, and on Facebook, LinkedIn, Instagram and YouTube. You can also sign up to receive our news via WhatsApp.