Vice President, Client Experience – Erin Gunn
Customers have always been at the core of our business and that’s why our team is always looking for innovation and new ways to delight and exceed client expectations of service and expertise across all of our lines of business.
To ensure we reach our goal of continual improvement, we are pleased to announce the promotion of Erin Gunn to the role of Vice President, Client Experience. In addition to leading the execution and management of our customer experience strategy, Erin will continue to […]
Over the past couple of weeks, a lot has been written about Finance Minister Bill Morneau’s proposal to fix the perceived unfairness in the way that private-business owners, family businesses, and incorporated professionals pay tax. While the proposal was not a surprise, it was the scope of the changes that many found alarming. In the days after the proposal became public, doctors’ associations, farmers, and small and medium-sized businesses have let the Minister and his government know that these changes will have a significant and negative effect on practicing doctors, the economy, and on the future of […]
In a previous article on the changes to the taxation of life insurance, we speculated on what insurers might do to their products to keep them competitive in the 2017 tax environment. And while the changes were significant, we had every confidence in the actuaries that they would develop their products to provide value to clients.
We have now had a chance to look at the new 2017 products and, after running our analysis, we can say that the results are encouraging.
Our Analysis – Universal Life Insurance
Our experts chose a 2016 level-cost, universal life insurance product […]
New taxation rules slow down life insurance product introductions in 2017.
As the end of the year arrives and, with it, the new taxation rules for life insurance, we are starting to receive information on the new life insurance products.
The reasons for the carriers’ slow introduction of new products:
#1. New life insurance tax rules (effective January 1, 2017) were introduced in 2016 to reflect current mortality rates and heightened requirements by the regulators for standardization across insurers and products. These rules replace the current and more favourable tax rules, and have created a tremendous […]