Sun Life Financial announced Feb. 7 that it is the first North American insurer to collaborate with SecureKey Technologies Inc., a provider of identity and authentication solutions using Blockchain technologies.
In an announcement, Sun Life stated that the collaboration will enable clients to “conveniently and securely share identity information using other trusted providers, such as banks, telcos and governments.”
The technology is expected to be introduced to the insurer’s clients in Canada in the coming months.
Simplified online experience
"As part of our relentless focus on making it easier for our clients to do business with us through new digital capabilities, we are proud to team up with SecureKey to offer an even more simplified online experience," said Mark Saunders, Executive Vice-President & Chief Information Officer, Sun Life Financial. "As we take the next step along our digital transformation journey, we'll soon be able to streamline and simplify the onboarding process for new clients by using SecureKey's permission-based tools and Blockchain security to instantly verify personal information."