April 25, 2017 11:49 PM ET

Insurance

Company Overview of The Empire Life Insurance Company

Company Overview

The Empire Life Insurance Company underwrites life and health insurance policies in Canada. It operates through Wealth Management, Employee Benefits, and Individual Insurance segments. The Wealth Management segment provides segregated funds, mutual funds, guaranteed interest rate annuities, and annuities providing income for life to individuals and groups. The Employee Benefits segment offers benefit plans to employers for medical, dental, disability, and life insurance coverage for their employees. The Individual Insurance segment provides non-participating and participating individual life and health insurance products. The company was founded in 1923 and is headquartered in Kingston, Cana...

259 King Street East

Kingston, ON K7L 3A8

Canada

Founded in 1923

820 Employees

Phone:

613-548-1881

Key Executives for The Empire Life Insurance Company

Chief Executive Officer, President and Director
Chief Financial Officer and Senior Vice President
Senior Vice President of Group Solutions
Chief Actuary and Senior Vice President
Senior Vice President of Retail
Compensation as of Fiscal Year 2016.

The Empire Life Insurance Company Key Developments

The Empire Life Insurance Company Announces Agreement to Provide Stop Loss Insurance to Symbility Health Inc. Third Party Administrator Partners

Symbility Health Inc. and The Empire Life Insurance Company (Empire Life) announced they have signed an agreement for Empire Life to provide stop loss insurance to Symbility third party administrator partners, effective April 1, 2017. Stop loss insurance is purchased by employers who self-fund their employee benefit health plans and do not want to assume 100% of the liability for plan's claims. The agreement took effect February 1, 2017.

Empire Life Insurance Co. Announces Executive Changes

Empire Life Insurance Co. has named Erik Kalin as vice president and COO for retail. Kalin succeeds Jatinder Parhar, who left the company in December 2016. Kalin earlier was vice president of IT strategy and innovation at the company.

The Empire Life Insurance Company Declares Cash Dividend on Non-Cumulative Rate Reset Preferred Shares, Series 1, Payable on April 17, 2017

The Empire Life Insurance Company has declared a cash dividend on the non-cumulative rate reset preferred shares, series 1, being $0.359375 per share to be paid on April 17, 2017 to shareholders of record March 17, 2017.

Similar Private Companies By Industry

Company Name Region
A.P. Reid Insurance Limited Americas
Abc Benefits Corporation Americas
ac&d Insurance Services Ltd. Americas
Actra Fraternal Benefit Society Americas
Acumen Insurance Group Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 9, 2016
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