Company Profile
Great-West Lifeco provides the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, critical illness, disability, health and dental protection, and creditor insurance products retirement savings, income and annuity products, and specialty products to individuals, families, businesses, and organizations
Individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services. Its portfolio also includes retail wealth management products and services to individuals, including individual retirement accounts and after-tax investment accounts, and wealth management including payout annuity, equity release mortgages, pensions, and investments products.
Additionally, it offers bulk and individual payout annuities, equity release mortgages, life bonds, retirement drawdown and pension, and group insurance products. Its portfolio also includes savings and investments, and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds manages assets for third-party institutional clients, as well as life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products.
The company offers its products under the Empower, Canada Life, and Irish Life brand names. It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, employee benefit consultants, and multi-tied agents. Founded in 1979, the company is based in Winnipeg, Canada. Great-West Lifeco Inc. is a subsidiary of Power Financial Corporation.