Canada Life International Limited (CLI) is delighted to announce that it has been voted the Best International Life Group (UK) in the Professional Adviser International Fund & Product Awards 2013.
A panel of industry experts reviewed submissions provided by a number of offshore companies and recognised the strength and depth of the offshore proposition provided by Canada Life’s group of offshore companies.
Headquartered in Castletown for over 26 years, the group has firmly established itself as the leading provider of offshore bonds to the UK market. In addition to this, April this year saw the launch of a third offshore life company, Canada Life International Assurance Limited, which is based in Dublin and complements CLI and CLI Institutional Limited on the Island.
Canada Life International’s Controlled Access Account also won the Best International Trust & Estate Planning Product award and the group was also highly commended in the category – Best International Adviser Portal.
Commenting on the awards, Sean Christian, Canada Life International’s Managing Director, said:
“With the addition of our Dublin based proposition in April we truly believe we are now the leading offshore bond provider in the UK. No other company provides advisers with three different legal entity structures to write a bond through, via two jurisdictions, all served by the same first class service proposition.”
Despite a contraction in the UK offshore bond market, CLI further increased its market share in Q1 2013 to 26% according to figures released by the Association of British Insurers (ABI). Mr Christian further commented, “It’s particularly pleasing to see all the hard work of our loyal staff being recognised and the ABI statistics once again reconfirm our position as one of the leading providers with more than 1 in every 4 offshore bonds being issued through Canada Life”.
The Professional Adviser Awards recognises Canada Life’s commitment to the adviser community and the:
- strong ratings from the major agencies (for parent company Great-West Lifeco)
- 5 star AKG Annual Review ratings
- award winning and unique service charters which offer peace of mind
- market leading range of flexible adviser charging options
- award winning Canada Life Technical Services Team