(May 25 – 10:55 ET) – Manulife Financial has signed an agreement to begin distributing individual life insurance, annuities, and other individual products in Atlantic Canada through Atlantic Marketing Centre Ltd. Atlantic Marketing is an existing player in the region.
“This is a particularly good fit for Manulife Financial, both in terms of geographical representation and new advisors being introduced to our company,” says Richard Clayman, regional vice president for Manulife.
Under terms of the agreement, the Atlantic Marketing Centre will market Manulife’s products through its Managing General Agency’s operations in Newfoundland, New Brunswick, Prince Edward Island and Nova Scotia.
“Our goal is to provide a single brokerage company where brokers can access an industry leading product portfolio with extensive marketing and back office support, ” said Derrick Newhook, president of Atlantic Marketing Centre. “Manulife’s products and resources greatly enhance our ability to maintain this competitive advantage.”
-IE Staff