Ecuador, May 20, 2025 Seguros Equinoccial announces that, after receiving authorization from the relevant regulatory bodies, it has finalized the acquisition of a majority stake in Ecuatoriano Suiza's shares, a transaction initially announced in October 2024.
This operation marks a milestone in the Ecuadorian insurance market by enabling the consolidation of two companies with extensive experience and a strong commitment to the country. This integration paves the way for the largest insurer with nationwide reach and reflects a shared vision for the future—one focused on strengthening protection, trust, and the quality of service offered to policyholders, strategic partners, and stakeholders.
In this new phase, Juan Manuel Merchán will assume the role of CEO of Seguros Equinoccial and Ecuatoriano Suiza. Regarding his appointment, he stated:
“With the integration of Seguros Equinoccial and Ecuatoriano Suiza, we are entering a new stage of growth and institutional strengthening, with nationwide presence and forward-looking leadership. I gratefully accept the position of CEO, committed to leading a solid integration that enhances capabilities, consolidates trust, and promotes innovation for all our stakeholders.”
Additionally, José Luis Suárez and Juan Francisco Marcos will remain members of the company’s board of directors, actively contributing to the development and strategic direction of the organization.
During the integration process—which is expected to conclude in the fourth quarter of 2025—both companies will continue to operate independently, ensuring service continuity with the highest standards of quality, efficiency, and commitment.
This integration reaffirms the leadership of Seguros Equinoccial and Ecuatoriano Suiza in the national market and underscores their purpose of generating well-being and trust through innovative, sustainable, and people-centered protection solutions.
