Links to www.swisslife.com About the Swiss Life Group Shareholders & Analysts
 

 
Great-West Life - Canada
 
Logo Great-West Life
 
  • Established in 1891 in Winnipeg, Manitoba, Canada.
  • Subsidiary of Great-West Lifeco Inc., a financial services holding company with interests in the life and health insurance, retirement savings, investment management and reinsurance businesses.
  • Great West Lifeco Inc. and its subsidiaries have more than CAD 330 billion in assets under administration, and are members of the Power Financial Corporation group of companies.
  • Great-West Life services more than 33,000 employee benefit plan sponsors.
  • Premium and deposits for group life and health insurance reached over CAD 6.5 billion in 2008. Market share is 22.1%.
  • Great-West Life offers a broad spectrum of benefits solutions for organisations of all sizes.
  • Ratings in 2009: “AA” by Standard & Poor’s, “Aa3” by Moody's and “A+” by A.M. Best.
  • Member of the Swiss Life Network since 1977.

 
Special Advantages
  • The company’s scale and low unit costs place it in a strong position to help organisations provide attractive and cost effective benefit programmes.
  • Offers sophisticated disability management services, including disability management consultants who can assist plan sponsors in the design and implementation of absence management, workplace safety and claim management programmes.
  • First Canadian insurance company to introduce Internet-based reporting and administration services for plan sponsors. GroupNet services include the ability of plan sponsors to manage their plans, through on-line updating of records and creation of customised reports.
  • Internet-based services for plan members provide self service access to plan information and access to a library of health and wellness information.

Coverages and Products
Types of Benefit
Coverage available and poolable:

  • Group Life
  • Disability (short–term and long-term)
  • Medical, Dental & Drug


Coverage available:

  • Absence & other Disability Management Services
  • Accidental Death & Dismemberment
  • Critical Illness
  • Various Employee Health & Wellness Products
  • Defined Contribution Pension Plans
  • Group Retirement Savings Plans
  • Deferred Profit Sharing Plans

Financial Products
Product available:

  • Deposit Administration
  • Pooled Investment Funds
  • Company–Specific Portfolios

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