Canada Life Limited (“Canada Life”) has been made aware that its brand and logo has been used without its consent in relation to products which appear to be marketed and sold by Herrero Brigantina and North Atlantic Insurance Broker Company (NAIBC), companies operating in Spain.
Canada Life has entered no commercial agreement with either Herrero Brigantina or NAIBC. Nor has Canada Life authorised Herrero Brigantina or NAIBC to use the Canada Life brand to market their products or services.
Canada Life is a UK authorised life company providing insurance and wealth products to UK clients. Canada Life has no presence in Spain and does not sell or market any products or services in Spain.
Canada Life is unaware of the operations or practises of either company.
ENDS
Enquiries:
Press enquiries should be directed to:
Paul Keeble at Canada Life, paul.keeble@canadalife.co.uk / 07833 085387
About Canada Life:
Canada Life is part of a group of companies controlled by Great-West Lifeco Inc., a diversified financial services holding company headquartered in Winnipeg, Canada. Through its subsidiary companies, Lifeco has operations in Canada, the United States, and Europe. Great-West Lifeco and its insurance subsidiaries have received strong ratings from major rating agencies. Great-West Lifeco has over 30 million customers worldwide and £1.341 trillion assets under administration (as at 31 December 2021).
Canada Life Limited began operations in the United Kingdom in 1903 and looks after the retirement, investment and protection needs of individuals and companies alike. As well as providing stability and security through its individual contracts, Canada Life Limited has grown to become the leading provider of competitively priced group insurance solutions. Canada Life acquired Retirement Advantage on 3rd January 2018 for an undisclosed sum. The acquisition added over 30,000 retirement income and equity release customers and more than £2 billion of assets under management including a £1.5 billion block of in-force annuities to Canada Life.
Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Canada Life International Limited and CLI Institutional Limited are Isle of Man registered companies authorised and regulated by the Isle of Man Financial Services Authority. Canada Life International Assurance Limited and Canada Life International Assurance (Ireland) DAC are authorised and regulated by the Central Bank of Ireland.
Stonehaven UK Limited, trading as Canada Life, is a subsidiary of The Canada Life Group (U.K.) Limited. Authorised and regulated by the Financial Conduct Authority. Registered in England and Wales. Registered number: 05487702. Registered office: Canada Life Place, Potters Bar, Hertfordshire EN6 5BA.