About Us
Canada Life in Ireland
Canada Life is one of Ireland’s leading Life, Pension and Investment providers. We have over 100 years experience in the Irish market serving the financial planning needs of our clients. Founded in Ireland in 1903, Canada Life employs over 600 people throughout Ireland. We distribute our products through a network of over 1500 independent brokers and a further 150 sales associates nationwide.
A leading provider of Life, Pension and Investments - our strength is reflected in our strong ratings from major rating agencies. To find information about our ratings, go to The Canada Life Assurance Company website.
Canada Life has a history of innovation. We were the first company to introduce Critical Illness cover in 1987 and we are the market leader in self-directed pension investments. We are committed to a future of innovation and will continue to introduce innovative products and services for our customers.
Canada Life (Ireland) also serves as a hub for the company’s expanding presence in Europe, providing finance and human resources services for the Irish and German businesses, as well as the IT data centre for the entire European operation.
Corporate Profile
Founded in 1847, The Canada Life Assurance Company (Canada Life) was Canada’s first domestic life insurance company. The Company has since grown and flourished and today, Canada Life provides insurance and wealth management products and services on an international basis, serving clients in Canada, the United Kingdom, the Isle of Man, the Republic of Ireland and Germany.
Canada Life is a subsidiary of The Great-West Life Assurance Company. Great-West Life together with its subsidiaries London Life Insurance and Canada Life has more than $168 billion* in assets under administration. Canada Life and Great-West Life are members of the Power Financial Corporation group of companies.
*As of September 30, 2008.
Backed by Strength
In 2003, Canada Life became part of The Great-West Life Assurance Company one of the World's leading life assurance companies making us one of the largest and strongest Life & Pension companies operating in the Irish market.
Great-West Life sees Ireland as an important part of its future growth strategy in Europe and in 2005, Ireland was selected as the location for a new European Data Centre. This is an exciting time for Canada Life in Ireland as we now have access to an enormous pool of experience and expertise globally. We look forward to the prospect of leveraging these resources to continuously enhance our product and service offering to our customers and in particular, in developing the range of innovative products required today to meet the needs of our customers.
Great-West Life and its subsidiaries, London Life Insurance Company and The Canada Life Assurance Company, serve the financial security needs of 12 million people across Canada. Through Canada Life, the company has operations in the United Kingdom, Isle of Man, Ireland and Germany.
The company participates in international markets through London Life subsidiary London Reinsurance Group Inc. and certain Canada Life subsidiaries as suppliers of reinsurance in the United States and Europe.
Great-West Life is a wholly owned subsidiary of Great-West Lifeco Inc., and a member of the Power Financial Corporation group of companies.
Financial Strength
The Canada Life Assurance Company has received strong ratings from major rating agencies. To find information about our ratings, go to The Canada Life Assurance Company website.
