Announced
Financials
Tags
Private
Canada
Full Line Insurance
Domestic
Single Bidder
insurance services
Friendly
Acquisition
Pending
Majority
Synopsis
Canadian Premier, a provider of group life, accident & sickness, credit and creditor insurance solutions, agreed to acquire the sponsored markets business from Sun Life, an insurance company. Financial terms were not disclosed. “This is an exciting milestone for our company as we look to serve more Canadians through our affinity groups and creditor insurance businesses. We’ve provided Canadian families with coverage for more than six decades. Our new clients will continue to receive the same high-level of service and care they did with Sun Life. We are very excited to welcome a new group of employees to our Canadian Premier family and continue their great service to these customers," Suzette Huovinen, Canadian Premier CEO.
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