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References in periodicals archive ?
Sun Life's cancer plan is the final product to join its integrated benefits portfolio following its 2016 acquisition of Assurant Employee Benefits. The product portfolio combines the best of both companies and now includes life, dental, vision, disability, cancer, critical illness and accident insurance, among other voluntary coverages.
Most recently, he was President and CEO of Assurant Employee Benefits, where he transformed that company from a group carrier to a major player in the voluntary benefits space, growing the voluntary product premium at two times the market rate.
Sun Life Financial's (NYSE: SLF) (TSX: SLF) US business group has introduced its expanded portfolio of employee benefits through a unified distribution and account management team following its acquisition of Assurant Employee Benefits on March 1, 2016, the company said.
The combined US Group Benefits business will operate in multiple sites, including Sun Life Financial's US headquarters in Wellesley, Massachusetts and Assurant Employee Benefits' main office in Kansas City, Missouri.
(TSX:SLF) made headlines Wednesday by agreeing to spend up to $975 million in cash and subordinated debt to acquire Assurant Employee Benefits.
The sale of Assurant Employee Benefits to Sun Life Financial is structured as a combination of reinsurance agreements and sale of certain legal entities and assets.
Best's Review contributor Joi Tillman is senior vice president of voluntary at Assurant Employee Benefits. She can be reached at
Assurant Employee Benefits 816-474-2345 www.assurantemployee
Polly Galbraith, chief medical officer for Assurant Employee Benefits. "Healthy mouths lead to better overall wellness, fewer sick days and lower medical costs"
In a 2010 Assurant Employee Benefits broker survey, 55% of those polled said they are increasing their focus on selling ancillary benefits, such as disability insurance, in anticipation of health care reform's effect on their businesses.
Assurant Employee Benefits now offers cancer, critical illness, accident, and gap insurance ( as employee-paid voluntary benefits, the company said.