Manulife’s Vice President of Sales and Marketing, Consumer Markets, joins the Board of the Canadian Association of Financial Institutions in Insurance.
The Canadian Association of Financial Institutions in Insurance (CAFII) is pleased to announce that Wally Thompson, Vice President of Sales and Marketing, Consumer Markets, at Manulife, will be joining the CAFII Board of Directors at its next meeting.
Manulife is a leading international financial services group serving one in three Canadians, helping make their decisions easier and lives better through financial advice and insurance, as well as wealth and asset management solutions for individuals, groups and institutions.
“We are delighted to welcome Manulife as a CAFII member and look forward to benefiting from the insights and contributions of its representatives in helping our Association fulfill its mission,” said Peter McCarthy, Chair of the CAFII Board.
“Manulife looks forward to working with our industry peers within CAFII to ensure Canadians benefit from an insurance industry that is flexible, innovative and robust,” said Thompson.
CAFII is a not-for-profit industry Association dedicated to the development of an open and flexible insurance marketplace. It was established in 1997 to create a voice for financial institutions involved in selling insurance through a variety of distribution channels. Its members provide insurance through client contact centres, agents and brokers, travel agents, direct mail, branches of financial institutions, and the internet.
CAFII believes consumers are best served when they have meaningful choice in the purchase of insurance products and services. Its members offer travel, life, health, property and casualty, and creditor’s group insurance across Canada. In particular, creditor’s group insurance and travel insurance are the product lines of primary focus for CAFII, along with alternate, direct distribution channels.
CAFII works with government and regulators (primarily provincial/territorial) to develop a legislative and regulatory framework for the insurance sector that helps ensure Canadian consumers get the insurance products that suit their needs. The Association’s aim is to ensure appropriate standards are in place for the distribution and marketing of all insurance products and services.
In addition to Manulife (The Manufacturers Life Insurance Company), CAFII’s members include the insurance arms of Canada’s major financial institutions – BMO Insurance; CIBC Insurance; Desjardins Financial Security; RBC Insurance; ScotiaLife Financial; and TD Insurance – along with major industry players American Express Bank Canada, Assurant Solutions, the CUMIS Life Insurance Company, and valeyo (formerly Canadian Premier Life Insurance Company).
David Moorcroft, Public Affairs Advisor
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