The Canadian Association of Financial Institutions in Insurance (CAFII) announced April 16 that Manulife has become a member of the association and 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.
“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.
A voice for financial institutions in insurance
CAFII is a not-for-profit industry association that says it is “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.
In addition to Manulife, 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).