Life, Health and Financial Security Report

Globe & Mail Life, Health and Financial Security Report: April 2018

Toronto, ON (Apr. 30, 2017) – The Life & Health Insurance industry is in the midst of a digital transformation. Today’s Globe & Mail features a Life, Health and Financial Security special report.

The lead article, “Looking ahead to affordable medicines for all Canadians,” by Stephen Frank, President and CEO, Canadian Life and Health Insurance Association (CLHIA), addresses one of the main costs in health insurance – medicines. Canada faces some of the highest prices for medicines, so it behooves all of us to push for improvements, whether in public or private health.

An infographic illustrates the Canadian Life and Health Insurance industry.

A second article, “Solutions For All Ages,” by Jeff Macoun, EVP – Group Customer, Great-West Life, looks at how the products from insurance are expanding to more specifically address individual requirements, and are responding to consumer preferences by being more digital.

And Doug Grant, Partner at Insurance-Canada.ca, offers examples of how the industry is evolving to become more digital and to reduce – via technology – some of the impediments to becoming insured, in an the article entitled “Increasing Accessibility Through Analytics and Technology” (available in the PDF below but also posted separately here).

Read the full Globe report:

• “Addressing key industry challenges with innovation and focus on customer” (PDF).

About the Globe and Mail

The Globe and Mail, founded in 1844, is Canada’s foremost news media company and a part of Canada’s fabric. We cover events that have changed our nation as well as the day-to-day happenings that continue to shape us as a country.

Each day, The Globe leads the national discussion by engaging Canadians through its award-winning coverage of news, politics, business, investing and lifestyle topics, across multiple platforms. The Globe and Mail print and digital formats reach over 6 million readers every week, with Report on Business magazine reaching over 1.5 million readers every issue in print and digital. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

SOURCE: The Globe and Mail

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