The wholly owned Mexican subsidiary of U.S. based New York Life,Seguros Monterrey New York Life,which is the second-largest life insurer in Mexico,recently celebrated the opening of its New York Life Tower. The 32-story building is located on the distinguished Paseo de la Reforma in Mexico City’s central zone and is “an important part” of the company’s corporate strategy.” according to the Wall Street Journal.
Mexico’s Minister of Finance and Public Credit,Jose Antonio Meade,as well as New York Life’s Chairman and CEO Ted Mathas,joined the opening ceremony along with other top executives.
“New York Life is extremely proud of what Seguros Monterrey has accomplished in more than 70 years of serving the people of Mexico,” shared Mathas. “The state of the art New York Life Tower stands proudly as a symbol of our commitment to Mexico and the strong partnership between our two countries.”
New York Life is America’s largest mutual life insurer and has worked closely with Mexico over the years and currently employs more than 1,500 agents in Mexico. Designed by Jean Michel Colonnier and sheathed in reflective glass,the New York Life tower is more than 500 feet tall and is one of the largest buildings in the entire country.,making it an important addition for Mexico real estate.
The tower’s design was inspired by the Angel of Independence monument,which is located in front of the building and was built to celebrate the centennial anniversary of the beginning of Mexico’s War of Independence. It is widely considered to be one of the most popular and recognizable historic landmarks in the entire city.
The impressive contemporary design incorporates plenty of natural light,creating a light,modern work environment. It has been granted LEED (Leadership in Energy and Environmental Design) certification,which is internationally recognized as the highest standard for eco-conscious building design.