WELLESLEY, Mass., July 20, 2017 /PRNewswire/ -- Sun Life
Financial U.S. has marked a major milestone in its integration of
the Assurant Employee Benefits (AEB) business, which it acquired
last year. Sun Life has begun rolling out its newly combined
portfolio of employee benefits products and services, representing
the best offerings from both companies under the Sun Life
brand.
The new portfolio offers access to one of the largest dental
networks in the country, with approximately 125,000 unique
providers; leading dental and vision plans; and voluntary critical
illness and accident insurance alongside Sun Life's leading group
life, disability, cancer and medical gap products. Service
offerings include top-tier benefits communication and enrollment
options, including one-on-one employee benefits counseling;
advanced absence management; enhanced online capabilities;
emergency travel assistance; identity theft protection; and health
care support services.
"We are extremely pleased to start offering our combined
portfolio of products and services, which feature the best of both
worlds from Sun Life and AEB," said Dan
Fishbein, M.D., president of Sun Life Financial U.S. "We
acquired AEB because it brought some fantastic capabilities that
aligned with Sun Life's strategy, such as a broad dental network,
leading voluntary products and end-to-end enrollment solutions for
our clients."
Sun Life completed its acquisition of AEB on March 1, 2016. Since June
1, 2016, the company has been offering an expanded portfolio
consisting of both AEB and Sun Life products, while a dedicated
team has been working toward product integration.
About Sun Life Financial
Sun Life Financial is a
leading international financial services organization providing a
diverse range of insurance, wealth and asset management solutions
to individuals and corporate Clients. Sun Life Financial has
operations in a number of markets worldwide, including Canada, the United
States, the United Kingdom,
Ireland, Hong Kong, the
Philippines, Japan,
Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March
31, 2017, Sun Life Financial had total assets under
management of C$927 billion. For more
information, please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
In the United States, Sun Life
Financial is one of the largest group benefits providers, serving
more than 60,000 employers in small, medium and large workplaces
across the country. Sun Life's broad portfolio of products and
services in the U.S. includes Disability and Absence Management,
Life, Dental and Vision, Voluntary and Stop-Loss insurance. This
includes the acquisition of the U.S. Employee Benefits business of
Assurant, Inc., in Q1 2016. For more information, please visit
www.sunlife.com/us.
Media contact:
Devon Portney Fernald
Sun Life Financial
781-416-7151
devon.portney.fernald@sunlife.com
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SOURCE Sun Life Financial U.S.