Introduction and Profiles
The Empire Life Insurance Company (Empire Life or Empire Vie) is a Canadian life coverage and monetary administrations organization with its base camp in Kingston, Ontario, Canada. It was fused in 1923 and is an auxiliary of E-L Financial Corporation Limited of Toronto, Ontario, Canada. The organization gives singular life, wellbeing and venture items and additionally aggregate life and wellbeing items through autonomous circulation accomplices including monetary counselors, administration general operators, national record firms and representative advantage makers. Domain Life is the guardian organization of Empire Life Investments Inc, a Canadian venture administration organization
Company History at Glance
- 2013 Empire Life named best disaster protection organization in Canada
- 2013 The Company celebrates 90th commemoration
- 2011 Dispatch of new Mutual Fund organization, Empire Life Investments Inc.
- 2011 New visual personality presented
- 2009 Surpassed $8.5 billion in resources under administration
- 2008 Dispatch of Class Plus—isolated asset with ensured least withdrawal advantage (GMWB)
- 2008 The Company celebrates 85th commemoration
- 2007 In October, surpassed $1 billion in gross isolated asset deals (year-to-date)— an organization record
- 2006 Promoting name change from Empire Financial Group to Empire Life
- 2002 Amalgamation with Concordia Life Insurance Company
- 2000 Suspicion of annuity and enrolled retirement wage store (RRIF) piece of strategies of Coopérants, Mutual Life Insurance Society
- 1997 Securing of Colonia Life Insurance Company (name changed to Concordia Life Insurance Company)
- 1997 Suspicion of conceded annuity square of arrangements of Allstate Life Insurance Company of Canada
- 1995 Consent to direct and accept conceded annuity and RRIF square of strategies of Confederation Life Insurance Company
- 1993 Procurement of non-taking an interest singular protection strategies of The Citadel Life Assurance Company
- 1992 Procurement of a piece of gathering business of The Metropolitan Life Insurance Company
- 1987 E-L Financial Corporation Limited unites through merger and procurement exercises The Empire Life Insurance Company, The Montreal Life Insurance Company and the disaster protection area of The Dominion of Canada General Insurance Company; receive advertising name of Empire Financial Group
- 1970 Life coverage business in-power develops to $1 billion
- 1968 E-L Financial Corporation Limited is framed as holding organization of Empire Life
- 1963 Realm Life obtains first PC
- 1957 Realm Life starts offering Group items
- 1936 Merger with Mutual Relief Life Insurance Company; Head Office moves from Toronto to Kingston, Ontario
- 1934 Securing of The Canadian Order of Odd Fellows protection portfolio
- 1929 Merger with The Commonwealth Life and Accident Insurance Company
- 1926 The Company grows outside Ontario by opening a Branch Office in British Columbia
- 1923 The Empire Life Insurance Company is established by Milton Palmer Langstaff in Toronto, Ontario
Services From Empire Life
Individual Insurance : Universal life coverage, Term extra security, Permanent disaster protection and Critical sickness protection
Wealth Management : Segregated assets, Portfolio stores, Guaranteed Interest Options (GIOs), Registered Retirement Income Fund including a Guaranteed Minimum Withdrawal Benefit (GMWB) item, Group Registered Retirement Savings Plan
Group Benefits : Small business bunch life and medical coverage arranges, bunch life and health care coverage gets ready for 20+ workers, Administrative Services Only (ASO) contracts, cost in addition to game plans and incapacity administration
Leadership
Mark Sylvia
President and Chief Executive Officer
Richard Cleaver, BACS
Senior Vice-President and Chief Technology Officer
Edward Gibson, FSA, FCIA
Senior Vice-President and Chief Actuary
Sean Kilburn, BSc, FSA, FCIA
Senior Vice-President, Retail
Scott Ewert, CPA, CA
Interim Chief Financial Officer
Steve S. Pong, BASc
Senior Vice-President, Group Products
Natalie Ochrym
General Counsel & Senior Vice-President, Human Resources and Corporate Services
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