Manulife Financial Corp. is launching a medical marijuana program in partnership with Shoppers Drug Mart Corp. this fall. The program, which will be available for participating group benefits plans and individual plans in Canada, will involve specially trained pharmacists from Shoppers Drug Mart at a patient care centre based in Ontario. The pharmacists will be available to […]
The iA Financial Group is integrating its group savings and retirement plans into its mobile app. The added functionality aims to allow plan members to track their retirement savings and investment returns, including their progress on the path to retirement and whether or not their investment portfolio is still a good fit. Read: iA Financial rolls out new […]
SSQ Life Insurance Co. Inc. is partnering with Allianz Global Benefits to grow its group insurance business across Canada. “This type of collaboration is a first for SSQ Insurance,” said Geneviève Fortier, senior vice-president of distribution at SSQ Insurance, in a news release. “By adding the expertise and global reach of Allianz Global Benefits to our service […]
Markers Financial Inc. is launching a group insurance product that covers medical cannabis on Aug. 15. The company, which is a division of Toronto-based Evergreen Pacific Insurance Corp., will initially roll out an insurance product for individuals, tailored to each person’s requirements without any caps or restrictions based on pre-existing conditions. Read: Reformulary Group to develop cannabis […]
The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information to clients. After releasing the guideline in January, the CLHIA announced in February that it would be seeking feedback on a number of areas related to the guideline. While the […]
Hub International Ltd. has acquired yet another benefits brokerage: Quebec-based Les Avantages Sociaux Delta Inc. Based in the Montreal area, Delta provides support and actuarial services for group insurance and retirement plans, as well as human resources and disability management. With the acquisition, Delta will join Hub’s Quebec business. Delta’s founder and chairman, Roger d’Eschambault, […]
The Canada Infrastructure Bank has appointed Annie Ropar as its chief financial officer and chief administrative officer, effective June 1. In her duties as chief financial officer, Ropar will handle financial oversight of the bank’s activities, including implementation of key finance processes and controls, assessing performance and developing the framework for enterprise risk management. In […]
Less than half of working Canadians have disability coverage provided through their workplace benefits, according to a survey by RBC Insurance Services Inc. The survey, which queried 1,505 working Canadians, found the percentage of people who had disability coverage through their work has dropped to 48 per cent from 57 per cent in 2015. Read: 48% […]
France-based insurance company April has acquired Benecaid Health Benefits Solutions Inc. The acquisition will allow the Lyon, France-based company to expand and diversify the Canadian side of its business beyond property and casualty insurance, according to a press release. April has been active in the Canadian property and casualty insurance market for more than 10 years, […]
Hub International Ltd. has acquired Windsor, Ont.-based retirement and benefits firm the Benefits Company Inc. The deal follows a recent string of acquisitions by Hub International over the past few months, including Burnaby, B.C.-based Pointbreak Consulting Group Ltd.; Kitchener, Ont.-based GMS Insurance Inc.; and Dallas, Texas-based IPS Advisors LLP. “By joining Hub, brokerages have the opportunity to expand as […]