The insurer reported common shareholders' net income of $48 million in Q2
The insurer reported a net loss of $32 million in the quarter
Brachman, Biringer and Lycos appointed to new executive roles
The company has also introduced two standalone funds
Clients can borrow up to 90% of their policy’s cash surrender value
The insurer is also introducing preferred pricing for clients with $500,000 in household assets invested in eligible Empire Life GIF products
Edward Gibson succeeds Ron Friesen
Empire Life and Canaccord Genuity announce recent hires
Fees have decreased by between 15 and 25 basis points compared with the previous version of the product
The digital application features an expedited five-step process that replaces the traditionally paper-heavy process