Sun Life extends its reach through Mercer's leading private exchange
WELLESLEY, MA, Aug. 17, 2015 /PRNewswire/ - The U.S. business group of Sun Life Financial has joined Mercer MarketplaceSM , making its short-term disability, long-term disability, life and accidental death & dismemberment insurance products available on one of the largest and fastest-growing private benefits exchanges in the country. Sun Life continues to expand its presence on private exchanges to give more customers access to its employee benefits solutions.
With a full range of benefits, including traditional, supplemental and voluntary products, as well as robust decision-support tools, Mercer Marketplace provides a single point of access for employees to meet all their insurance needs. Mercer's launch of its private exchange in 2013 is part of the company's commitment to ensuring that all Americans have easy access to the best insurance products. More than one million members, including full-time employees, part-timers and retirees, access Mercer Marketplace to create a benefits package personalized to their individual needs and budgets.
"By adding our employee benefits to Mercer Marketplace, we're becoming an important part of a prominent private exchange, as well as building upon an already strong distribution relationship," said Kevin Krzeminski, Senior Vice President of Distribution for Sun Life. "Recognized as one of Mercer's Select Service Providers, we've worked successfully to promote the health, security and well being of our joint customers, and now we can extend our reach even further."
About Sun Life Financial
Celebrating 150 years in 2015, 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 have operations in a number of 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. Product offerings may not be available in all states and may vary depending on state laws and regulations. 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.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset—their people. Mercer's more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
Sun Life Financial
Devon Portney Fernald
Sun Life Financial
SOURCE Sun Life Financial Inc.