Canada Life - Group Insurance - UK Division

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About us

We are committed to building strong relationships with our customers by providing market-leading products and exemplary service and support.

History

The Canada Life Assurance Company has grown and prospered since the sale of its first policy in Canada in 1847. Its UK operations commenced in 1903 and it now operates in the UK market through its wholly-owned subsidiary, Canada Life Limited.

Great-West Lifeco Inc. completed its acquisition of Canada Life in July 2003. The Great-West Life Assurance Company, founded in Winnipeg in 1891, is Canada’s foremost life and health insurer and a market leader in group insurance and individual segregated funds. The 2003 transaction brought together three leading Canadian life insurers – Great-West Life, London Life, and Canada Life – to create a strong financial services organisation with global reach.

Canada Life in the UK

We have been providing group products for intermediaries and their corporate clients for over 35 years, and are now one of the ’s largest providers of group risk insurance, covering almost 3 million people through our group insurance schemes.

We are recognised as having substantial weight and experience in our three core product sectors – Group Life Assurance, Group Income Protection and Group Critical Illness. We are the market leader for Group Life Assurance and a leading provider of Group Income Protection benefits. The value of benefits insured by Canada Life’s Group Division currently exceeds £250 billion.

Flexibility and Accessibility

Flexibility and competitive pricing are both key requirements within the Group Insurance sector, and we have carefully tailored each of our core products to meet these needs. We insure schemes that vary in size from as few as three members to many thousands*.

As a member of two leading multinational pooling organisations, we can also offer multinational clients the opportunity to link their group schemes in different countries.

Expertise

Group Risk business placed with Canada Life is in the safe hands of specialists who understand your requirements in every way. Our dedicated Group Insurance office in Bristol handles every aspect of the management of a scheme, from quotations and customer service support to underwriting and claims. We also have an ongoing commitment to innovation through the development of administration technology which will further improve service to Group Risk customers.

Last updated 12.03.12 Page ID 0101