Strategic alliance provides workplace wellness and disease prevention tools and services to Sun Life Financial group plan sponsors and members
TORONTO, Oct. 7 2008 – Sun Life Financial Group Benefits announced today that it has made an investment in Buffett & Company Worksite Wellness Inc. (Buffett & Company), one of Canada’s leading providers of worksite wellness programs. Buffett & Company will continue to operate as a stand-alone company, headed by Ed Buffett, with Sun Life Financial holding a minority interest.
“This investment underscores our commitment to help plan sponsors create healthier, more productive workplaces and enable them to better control benefit costs,” said Dean Connor, President, Sun Life Financial Canada. “Buffett & Company, one of Canada’s leading health management providers, offers a broad range of products and services that support Sun Life’s HealthyRETURNS program, and we are excited to be a part of its future.”
“We are thrilled that Sun Life Financial believes in the work we are doing in helping Canadian employers promote healthy practices in their workplaces,” said Ed Buffett, President, Buffett & Company Worksite Wellness Inc. “We look forward to continuing our work together and assisting Sun Life to provide its plan sponsors with comprehensive health management strategies.”
HealthyRETURNS helps Group Benefits plan sponsors reduce health and disability costs and build healthy workplaces. The investment allows Sun Life Financial Group Benefits to provide plan sponsors with more programs, particularly in the area of health promotion.
Buffett & Company provides a wide variety of programs to help employees and organizations identify and assess health risks and subsequently adopt and sustain healthy lifestyle changes. Program offerings include screening clinics, customized wellness websites, online personal and team health challenges, onsite and online behaviour modification programs and educational workshops, health fairs and flu clinics.
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of June 30, 2008, the Sun Life Financial group of companies had total assets under management of CDN$413 billion. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol SLF. www.sunlife.com
About Buffett & Company Worksite Wellness Inc.
Founded in 1981, Buffett & Company is one of Canada’s leading providers of comprehensive worksite wellness programs. It works with a broad spectrum of public and private sector clients and offers services ranging from preliminary assessment to strategic on-site support. Buffett & Company is a recipient of the National Quality Institute’s prestigious Canada Awards for Excellence and was awarded the Gold Healthy Workplace Trophy, Small Organizations in 2005 and will receive NQI’s highest honour, the Order of Excellence, on October 20th, 2008.Tags: outlook, report, Valen Analytics