VANCOUVER, March 15, 2003 – Co-operators Life Insurance Company, is pleased to announce that regulatory approval for acquisition of the Trent Health group of companies (Trent) has been granted. Co-operators Life owns T.I.C. and recently acquired the remaining 50% ownership in Trent.
“The acquisition will expand our product offerings and allow us to provide a greater number of travel insurance options to consumers,” said Ruth Simons, Vice-President of Travel Insurance at Co-operators Life and President of T.I.C. Agencies Ltd.
Co-operators Life has appointed Ruth Simons to lead the growth of an integrated travel insurance operation. Ruth brings more than 20 years of experience in the travel insurance industry to her new role.
About Co-operators Life Insurance Company
Co-operators Life Insurance Company is the second largest member of the wholly Canadian-owned Co-operators group of companies. Offering a complete portfolio of life and health insurance products to individuals, employees and associations, as well as individual and group retirement savings products, Co-operators Life is one of Canada’s top 15 life insurers with $3 billion assets under management. www.cooperators.ca
About T.I.C. Travel Insurance Coordinators
T.I.C. Travel Insurance Coordinators has been providing affordably priced, high value travel insurance to Canadians and visitors to Canada since 1972. Their in-house Travel Assistance and Claims departments are well known for excellence in customer service and quick turn-a-round times. Ruth Simons has been President and CEO of T.I.C. since 1994. www.travelinsurance.ca
About Trent Health Group
The Trent Health group of companies (Trent) was formerly Ingle Life & Health Assurance Company. The company was originally created to provide health insurance products to the Canadian market and over the years evolved as a recognized leader in travel health insurance. SelectCare, a subsidiary of Trent Health, provides outsourced Claims and Travel Assistance as well as support for in-house products. Ruth Simons was recently appointed President and CEO of Trent Health. www.trenthealth.com
L’acquisition de Trent Health Group par Co-operators Life est compl�t�e
VANCOUVER, C.-B., le 15 mars 2003 – Co-operators Compagnie D’Assurance-Vie est fi�re d’annoncer qu’elle a obtenu l’assentiment des organismes de r�glementation relativement � l’acquisition du groupe d’entreprises Trent Sant� (Trent). Co-operators Life est propri�taire de T.I.C. et a r�cemment fait l’acquisition du reste (50 %) de la propri�t� de Trent.
“Cette acquisition nous permettra d’�tendre notre gamme de produits et d’offrir aux consommateurs un plus vaste choix en mati�re d’assurance voyage”, a d�clar� Ruth Simons, vice-pr�sidente de Travel Insurance at Co-operators Life et pr�sidente de T.I.C. Agencies Ltd.
Co-operators Compagnie D’Assurance-Vie a nomm� Ruth Simons pour mener la croissance d’une entreprise d’assurance voyage int�gr�e. Mme Simons poss�de plus de 20 ans d’exp�rience dans le secteur de l’assurance voyage.
Co-operators Compagnie D’Assurance-Vie
Co-operators Compagnie D’Assurance-Vie est le deuxi�me membre en importance du groupe de soci�t�s enti�rement canadiennes Les Coop�rateurs. Elle est �galement l’un des 15 premiers assureurs sur la vie du Canada, avec un actif g�r� de 3 milliards de dollars. Elle propose une gamme compl�te de produits d’assurance vie et d’assurance maladie, tant aux particuliers qu’aux employ�s ou aux groupes, ainsi que des produits d’�pargne-retraite aux particuliers et aux groupes. www.cooperators.ca.
T.I.C. Travel Insurance Coordinators
T.I.C. Travel Insurance Coordinators fournit des services d’assurance voyage � forte valeur et � prix abordable aux Canadiens et aux visiteurs au Canada depuis 1972. Ses sections internes d’assistance et de r�clamations de voyage sont r�put�es pour leur excellent service � la client�le ainsi que leurs d�lais d’ex�cution rapides. Ruth Simons occupe le poste de pr�sidente et chef de la direction depuis 1994. www.travelinsurance.ca.
Trent Sant�
Le groupe d’entreprises Trent Sant� (Trent), anciennement connu sous le nom d’Ingle Life & Health Assurance Company, a d’abord �t� cr�� pour fournir des produits d’assurance vie au march� canadien. Au fil des ans, il est devenu un chef de file reconnu de l’assurance sant� de voyage. SelectCare, filiale de Trent Sant�, procure un service d’assistance et de r�clamations de voyage en sous-traitance ainsi que le soutien des produits maison. Ruth Simons a r�cemment �t� nomm�e au poste de pr�sidente et chef de la direction de Trent Sant�. www.trenthealth.com
