Sun Life Financial Inc banner

Company Overview

Business Description

Sector
Financials
Industry
Insurance
Headquarters
Canada CA
Employees
32 151
IPO date
Mar 22, 2000

Sun Life Financial is a Canadian financial services company that sells life insurance, health and dental coverage, retirement products, and investment and asset management services. It serves individual customers, employers that buy employee benefits, and institutional clients such as pension plans and other large investors. In simple terms, it helps people and organizations protect income, pay for healthcare, and save and invest for the future.

The company makes money in a few main ways. Insurance customers pay premiums, asset and wealth clients pay management and advisory fees, and the company also earns investment income on the funds it holds to support its insurance promises. That mix gives Sun Life two different earnings engines: underwriting risk in insurance and collecting fees for managing money.

What makes Sun Life different is that it sits between the insurance world and the investment world. Many insurers mainly sell protection products, while many asset managers mainly collect fees on investments. Sun Life does both, which lets it serve the full financial needs of the same customer base, especially employers and higher-income individuals who want benefits, savings, and insurance from one provider.

Sun Life Financial Inc Investor Relations

Address
1 York Street
Toronto, Ontario
Canada

Business Segments

Canada

Sells individual life insurance, health insurance, dental coverage, group benefits, and retirement products in Canada.

Customers and revenue model

United States

Provides dental, vision, life, disability, and other employee benefit products in the U.S., mainly through employers and benefit plans.

Customers and revenue model

Asia

Description, customers and revenue model

Asset Management

Description, customers and revenue model

Management

Mr. Kevin David Strain C.A., CPA

President, CEO & Director

Biography unavailable

Mr. Daniel Richard Fishbein

President of Sun Life U.S.

Biography unavailable

Mr. Jacques Goulet Jr.

President of Sun Life Canada

Biography unavailable

Mr. Manjit Singh C.A., CPA

President of Sun Life Asia

Biography unavailable

Mr. Timothy Deacon

Executive VP & CFO

Biography unavailable

Ms. Laura Ann Money

Executive VP & Chief Technology Innovation Officer

Biography unavailable

Ms. Maya Beri

SVP & Chief Information Officer

Biography unavailable

Mr. David Garg

Senior VP of Capital Management & Investor Relations

Biography unavailable

Ms. Melissa Jane Kennedy

Executive VP and Chief Legal Officer & Public Policy Officer

Biography unavailable

Ms. Anne C. Sonnen

Senior VP & Chief Compliance Officer

Biography unavailable

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