Sun Life Financial Offers Suite of Employee Benefits on Gallagher Marketplace Private Exchange
Sun Life expands the availability of its private exchange offerings, bringing its voluntary disability, life, accident, critical illness and cancer insurance to Gallagher Marketplace
WELLESLEY, MA (December 11, 2014) – The U.S. business group of Sun Life Financial has expanded the availability of its private exchange offerings to Gallagher Marketplace, including a comprehensive suite of employee benefits. Customers of this private exchange can select Sun Life products, including voluntary short-term disability, long-term disability, life and accidental death & dismemberment, accident, critical illness and cancer insurance. Now, Sun Life’s employee benefits are available through five private exchange partners.
The Employee Benefits Consulting and Brokerage operations of Arthur J. Gallagher & Co. (Gallagher) launched Gallagher Marketplace to help employers set predictable budgets for their employee benefits programs and to provide employees with a consolidated online benefits store that can offer health, dental, vision, life and disability coverage, among other selected benefits.
“Expanding our offerings to private exchanges is an important part of our effort to meet the diverse needs of employers and their employees,” said Karen White, Assistant Vice President, Product Initiatives, for Sun Life. “Adding Sun Life employee benefits to the Gallagher Marketplace exchange, powered by Liazon’s technology platform, was a natural step for us, as Gallagher has been a strategic broker partner of ours since 2007.”
“We are excited to strengthen our partnership with Sun Life and to provide Gallagher Marketplace customers with greater choice through Sun Life’s benefit offerings,” said Rick Strater, Vice President, Private Exchanges, for Gallagher. “The breadth of Sun Life’s offerings should be welcome to both employers and their employees. Indeed, choice is the crux of Gallagher Marketplace, and Sun Life more than met that challenge.”
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers. The Sun Life Financial group of companies operates under the “Sun Life Financial” name strictly as a marketing name and no legal significance is expressed or implied. Sun Life Financial and its partners today have operations in key 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. In the United States and elsewhere, insurance products are offered by members of the Sun Life Financial group that are insurance companies. In the United States, Sun Life Financial provides a range of products and services to employers and their employees, including Group and Voluntary Accident, Critical Illness, Dental, Disability, Life, and Stop-Loss insurance products. Sun Life Financial Inc., the holding company for the Sun Life Financial group of companies, is a public company. It is not an insurance company and does not offer insurance products for sale in the United States or elsewhere, and does not guarantee the obligations of its insurance company subsidiaries. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE), and Philippine (PSE) stock exchanges under the ticker symbol SLF. For more information, please visit www.sunlife.com/us.
About the Employee Benefits Consulting and Brokerage operations of Arthur J. Gallagher & Co.
Arthur J. Gallagher & Co.’s Employee Benefits Consulting and Brokerage operations offer a full range of employee benefit and HR consulting services to clients in approximately 90 countries. Those services include benefits strategy, plan design and management, financial planning, actuarial, data analysis and benchmarking, retirement brokerage and consulting, human resource services and more. Learn about us at http://www.ajg.com.
Sun Life Financial
SLPC 26292 11/14 (Exp. 11/19)