Empire Life

Two Empire Life investment funds win FundGrade A+ Award

Retrieved on: 
Tuesday, February 6, 2024
GPA, Calendar, Empire Life, Class A, Information ratio, Life

TORONTO, Feb. 6, 2024 /CNW/ - The Empire Life Insurance Company (Empire Life) is pleased to announce that Empire Life Asset Allocation GIF and Empire Life Canoe Moderate Growth Portfolio GIF1 have been recognized for their exceptional risk-adjusted performance over the 2023 calendar year, each winning a Fundata FundGrade A+® Award.

Key Points: 
  • TORONTO, Feb. 6, 2024 /CNW/ - The Empire Life Insurance Company (Empire Life) is pleased to announce that Empire Life Asset Allocation GIF and Empire Life Canoe Moderate Growth Portfolio GIF1 have been recognized for their exceptional risk-adjusted performance over the 2023 calendar year, each winning a Fundata FundGrade A+® Award.
  • "Empire Life Asset Allocation exemplifies the team's commitment to our disciplined investment style.
  • Empire Life Asset Allocation GIF and Empire Life Canoe Moderate Growth Portfolio GIF are available in the Empire Life Guaranteed Investment Funds (GIF) contract.
  • For more information about these award-winning funds or the full suite of Empire Life segregated funds, visit our website www.empire.ca .

2024 Employee Benefit Plans: Focus on Costs, Mental health, Well-being

Retrieved on: 
Monday, January 29, 2024
Standard, Empire Life, Pharmacare, The Conference Board, Business, Government, Mental health, Conference Board of Canada, Genetic testing, Disease, Conference, COVID-19, Pharmacogenomics, Organization, Health

36% ranked cost containment as the top priority—a 17% increase compared to January 2023.

Key Points: 
  • 36% ranked cost containment as the top priority—a 17% increase compared to January 2023.
  • Today's cost-conscious climate makes it especially important for advisors and customers to clarify priorities, said Mark Sylvia, President and CEO of Empire Life.
  • We definitely see an increased emphasis on making sure employees can come to work feeling better, feeling healthy, feeling connected."
  • According to Black, 72% of businesses surveyed had a specific strategy to support mental health and 30% were adopting the National Standard for Psychological Health and Safety.

Empire Life donates $100,000 to commemorate centennial year

Retrieved on: 
Wednesday, December 13, 2023
NB, Organization, Culture, Animal, Organic, Health, Communication, Work, Empire Life, Shediac, Community service, Hospital, Education

The final 10 registered charities each received a $10,000 donation, for a total donation of $100,000, as part of the Empire Cares Grant Challenge.

Key Points: 
  • The final 10 registered charities each received a $10,000 donation, for a total donation of $100,000, as part of the Empire Cares Grant Challenge.
  • Each year, Empire Life supports Canadian communities through charitable donations, employee volunteer hours, in-kind contributions and community sponsorships in four focus areas: community well-being, health and medical research, education, and arts, culture and miscellaneous.
  • After more than 70 nominations and 700 votes, Empire Life is pleased to announce the recipients:
    Beausejour Family Crisis Resource Centre (Shediac, NB)
    Hospital for Sick Kids (Toronto, Ontario)
    Urban Native Youth Association (Vancouver, B.C.)
  • Empire Life wishes to congratulate each of the organizations and thanks them for the difference they make for Canadians each and every day.

Empire Life celebrates record-breaking campaign in support of United Way

Retrieved on: 
Tuesday, November 21, 2023
Sale, Empire Life, Stronger Together, Chairperson, Pharmaceutical industry, United, United Way

KINGSTON, ON, Nov. 21, 2023 /CNW/ - Empire Life's annual United Way campaign exceeded its goal for the seventh consecutive year, raising $287,901.41 from employee and retiree donations and events to benefit United Way programs and agencies across Canada.

Key Points: 
  • KINGSTON, ON, Nov. 21, 2023 /CNW/ - Empire Life's annual United Way campaign exceeded its goal for the seventh consecutive year, raising $287,901.41 from employee and retiree donations and events to benefit United Way programs and agencies across Canada.
  • This is the most raised in a single campaign since the company began supporting the United Way 54 years ago.
  • "Each year, Empire Life supports our communities through many charitable donations and United Way is one of our signature causes," says Rupa Naran, Co-Chair, 2023 United Way campaign.
  • "A huge thank you to everyone who contributed to the success of this year's campaign," says Sarah Handley, Co-Chair, 2023 United Way campaign.

Empire Life explores growth investing opportunities with the launch of two new segregated funds

Retrieved on: 
Monday, October 23, 2023
Pelican and British Empire Life Insurance Company, Senior, Empire Life, Growth, Financial services

TORONTO, Oct. 23, 2023 /CNW/ - The Empire Life Insurance Company (Empire Life) launched two new segregated funds available under its Guaranteed Investment Fund contract today.

Key Points: 
  • TORONTO, Oct. 23, 2023 /CNW/ - The Empire Life Insurance Company (Empire Life) launched two new segregated funds available under its Guaranteed Investment Fund contract today.
  • The two new segregated funds provide actively managed global exposure to growth-focused securities.
  • Empire Life Global Growth GIF is managed by Empire Life Investments Inc., and the underlying fund of Empire Life Canoe Global Equity GIF is managed by Canoe Financial.
  • "Utilizing our internal expertise and seeking opportunities with third-party managers expands our ability to offer choice and diversification opportunities within our segregated fund contract."

Reltio Is Recognized as a Representative Vendor in 2023 Gartner® Market Guide for Master Data Management Solutions

Retrieved on: 
Tuesday, August 29, 2023
Networks, Data Management, Other Technology, Technology, Software, Synthetic media, ML, Research, AstraZeneca, Xerox, Organization, CarMax, Publication, Generative, MDM, AI, Zhejiang Market Guide, Empire Life, Medical device, Gartner, Takeda, Shiseido, Pfizer

Reltio® , a leading cloud-native, SaaS Master Data Management (MDM) platform, is recognized in the recently released Gartner “Market Guide for Master Data Management Solutions” report.

Key Points: 
  • Reltio® , a leading cloud-native, SaaS Master Data Management (MDM) platform, is recognized in the recently released Gartner “Market Guide for Master Data Management Solutions” report.
  • The Gartner report examines the evolving MDM market and is designed as a guide for companies seeking an MDM solution.
  • The Gartner report reminds its readers that “master data is central to the ‘information’ in IT.
  • As such, data fabric can use MDM hubs (that store business metadata, or master data) as trusted sources to map other data to."

CapIntel and Empire Life Announce Relationship, Empowering Wholesalers to Deliver Value to Advisor Clients

Retrieved on: 
Tuesday, April 11, 2023
Insurance, Finance, Consulting, Professional Services, Technology, Apps, Applications, Fintech, Business, Life, Empire, Empire Life, Financial services, Financial adviser

CapIntel , a leading financial technology company that supports wholesalers and improves the day-to-day workflow efficiency and fund analysis for financial advisors, today announced a new relationship with Empire Life .

Key Points: 
  • CapIntel , a leading financial technology company that supports wholesalers and improves the day-to-day workflow efficiency and fund analysis for financial advisors, today announced a new relationship with Empire Life .
  • Empire Life will tap into CapIntel’s technology to enhance the value the sales teams bring to their advisor clients through improved fund comparison and analysis tools, and the ability to prepare personalized proposals.
  • “Access to CapIntel will help streamline conversations and enable our team of professionals to demonstrate the investment value of Empire Life segregated funds alongside the benefits provided by our segregated fund contracts’ said Rob Popazzi, Vice President, Retail Distribution, Empire Life.
  • “Now more than ever, financial wholesalers need innovative solutions that support quicker, more intelligent insights for their advisor clients,” said James Rockwood, Founder and CEO of CapIntel.

E-L Financial Corporation Limited Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Monday, March 6, 2023
Acquisition, Person, Toronto Stock Exchange, TSX, BID, Calendar, Exchange, Empire Life, Auction, Security (finance), Share (finance)

The actual number of Shares which may be purchased pursuant to the Bid will be determined by management of the Company.

Key Points: 
  • The actual number of Shares which may be purchased pursuant to the Bid will be determined by management of the Company.
  • Under the Bid, the Company may purchase up to 1,000 Shares on the Exchange during any trading day.
  • The funding for any purchase pursuant to the Bid will be financed out of the working capital of the Company.
  • The Company’s previous Normal Course Issuer Bid (the “Previous NCIB”) expires on March 8, 2023.

Two Empire Life investment funds named best in class

Retrieved on: 
Friday, January 27, 2023
Empire Life, Life, Fundata, Auction, Life insurance

KINGSTON, ON, Jan. 27, 2023 /CNW/ - Empire Life is pleased to announce that Empire Life Asset Allocation GIF and Empire Life Short Term High Income GIF have been recognized for their exceptional risk-adjusted performance over the previous calendar year, each winning a Fundata FundGrade A+ Award.

Key Points: 
  • KINGSTON, ON, Jan. 27, 2023 /CNW/ - Empire Life is pleased to announce that Empire Life Asset Allocation GIF and Empire Life Short Term High Income GIF have been recognized for their exceptional risk-adjusted performance over the previous calendar year, each winning a Fundata FundGrade A+ Award.
  • Fundata determines the winners using an objective score-based calculation that determines their "best of the best" in various fund categories for each calendar year.
  • Empire Life Asset Allocation GIF and Empire Life Short Term High Income GIF are available in the Empire Life Guaranteed Investment Funds (GIF) contract.
  • For more information about these award-winning funds or the full suite of Empire Life segregated funds, visit our website www.empire.ca .

Empire Life Enhances Disability Management with Addition of Medaca Health Group Services

Retrieved on: 
Thursday, December 15, 2022
Social media, Empire Life Insurance Company of America Building, Life, Empire Life, Disability, Workplace, COVID-19, Marketing, STD, Health, Statistics, Depression, Anxiety, Insurance, Health insurance

"Delayed access to appropriate treatment can be devastating for individuals and their families," says Vanessa Lycos, Vice-President of Group Product and Marketing at Empire Life.

Key Points: 
  • "Delayed access to appropriate treatment can be devastating for individuals and their families," says Vanessa Lycos, Vice-President of Group Product and Marketing at Empire Life.
  • We're delighted to be adding this service to our disability management toolkit and believe it will provide enormous value to our plan members and plan sponsors."
  • Employee claims are sent to Medaca as soon as possible in the disability period.
  • As of September 30, 2022, Empire Life had total assets under management of $17.0 billion.