Kevin Strain, Claude Accum and Colm Freyne shifting to new roles
Sales of individual life insurance policies were considerably higher in Q4 and in 2016, overall, in advance of the new, more restrictive tax rules that kicked in on Jan. 1
William Anderson will replace James Sutfcliffe following the company’s annual general meeting in May
Vineet Kochhar, new vice president, individual solutions, individual insurance and wealth, will be taking over for Kazazian, who has been with Sun Life since 1978
The plaintiffs had argued that they incurred increases in the cost of insurance on certain policies, representing breaches of the terms of their insurance contracts
Clients who apply for life insurance and critical illness insurance will no longer be required to undergo a bevy of medical tests as part of the underwriting process
Kevin Morrissey replaces Larry Madge, who had held the position since 2013 and was recently named CEO of PVI Sun Life in Vietnam
The new business area’s goals include the development of tools that will help Canadians find new and better ways of accessing health care products and services
The Toronto-based insurer is purchasing FWD Life Insurance’s pension and MPF businesses as well as entering into a distribution agreement with that firm
The insurer will provide mentorship and support to startups while gaining exposure to innovative new concepts and business opportunities