Monthly Archive: September 2019

Sun Life taps new president for Asia business

Sun Life Financial has announced that Léo Grépin will become the new President of Sun Life Asia following the retirement of Claude Accum on Dec. 31, 2019. The President of Sun Life Asia is responsible for the life, health and...

Residents of Atlantic Canada should prepare now for Hurricane Dorian

In anticipation of Hurricane Dorian, the Insurance Bureau of Canada (IBC) has shared tips aimed at helping Atlantic Canadians keep their families and property safe. “As we’ve seen in previous years, a hurricane can cause extensive damage...

Sun Life’s Kevin Dougherty to retire

Kevin Dougherty, Sun Life’s Executive Vice-President, Innovation and Partnerships, will be retiring effective Dec. 31, 2019, announced Stephane Vigneault, VP, Insurance Distribution, Wholesale Channel, Sun Life. Dougherty joined Sun Life in 1994 as Vice-President, Marketing and...

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Leslie Group, Acorn Biolabs partnering on live cell collection

Staff | September 6, 2019 Benefits consultancy the Leslie Group Ltd. is partnering with health-care technology company Acorn Biolabs Inc. to offer onsite live cell collection to employees. Initially, the consultancy offered the service to its own...

Prudential Buys Artificial Intelligence Startup For $2.3 Billion

Seattle Times (WA) Prudential is making its first leap into Artificial Intelligence with a $2.3 billion purchase. A Bellevue, Washington-based insurance startup that uses artificial intelligence to sell personalized insurance options has been sold...

Insurers paid out $98 billion in benefits last year

The Canadian Life and Health Insurance Association (CLHIA) released the 2019 Canadian Life & Health Insurance Facts publication on Sept. 5. It reveals that insurers paid out $98 billion in benefits to Canadians last...

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Electronic Proof of Auto Insurance Receives Approval in Ontario

Toronto, ON (Sept. 5, 2019) – The Financial Services Regulatory Authority of Ontario (FSRA) has approved the use of electronic proof of automobile insurance (EPAI), or eSlips. Drivers in Ontario can now present their...