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Sun Life Announces New National Sales Manager For Voluntary Benefits Distribution

Stocks in this article: SLF

Sun Life Financial Inc. (NYSE: SLF, TSX: SLF) today announced the appointment of Tom Gilligan as National Sales Manager for Voluntary Benefits Distribution. Reporting to Bob Klein, Vice President of Voluntary Benefits, Gilligan will work from the Wellesley, Massachusetts, home office, leading and developing the Voluntary Benefits sales team as Sun Life continues to build Voluntary capabilities.

Gilligan comes to Sun Life from Colonial Life, where he was Senior Vice President of National Sales. “We are very pleased to welcome such a seasoned professional to lead our Voluntary Benefits sales team,” said Bob Klein. “His vast industry expertise will help us provide brokers, employers, and employees with Voluntary capabilities that rival the best in the industry.”

This announcement represents another milestone as Sun Life leverages its leadership position in traditional employee benefits to become a top provider of Voluntary group benefits. Voluntary benefits allow employers to offer their workforce group insurance benefits, paid for partially or entirely by employees. “Voluntary is no longer viewed as supplemental; it’s now considered a core benefit,” said Gilligan. “It’s an exciting opportunity to be at Sun Life as a true emerging competitor in the Voluntary space.”

According to a recent Sun Life survey, a significant portion of the American workforce remains unprepared for the current shift in workplace benefits, as more employers give employees the responsibility to decide whether to purchase group benefits such as disability, life, critical illness, vision, and dental insurance.

“Preparing brokers, employers, and employees for this shift will allow Sun Life to become the provider of choice in Voluntary benefits,” added Klein. “Under Tom’s leadership, our sales force will partner with our Employee Benefits Representatives to become a powerful touchpoint to our customers for voluntary benefits.”

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. In the United States and elsewhere, insurance products are offered by members of the Sun Life Financial group that are insurance companies. Sun Life Financial Inc., the holding company for the Sun Life Financial group of companies, is a public company. It is not an insurance company and does not offer insurance products for sale in the United States or elsewhere, and does not guarantee the obligations of its insurance company subsidiaries. In the United States, Sun Life Financial provides a range of products and services to employers and their employees, including group and voluntary life, disability, dental, and stop-loss insurance products. These products are issued by Sun Life Assurance Company of Canada in all states except New York. In New York, these products are issued by Sun Life Insurance and Annuity Company of New York. Product offerings may not be available in all states and may vary depending on state laws and regulations. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE), and Philippine (PSE) stock exchanges under the ticker symbol SLF. For more information, visit www.sunlife.com/us.

SLPC 24353 06/12 (exp. 06/17)

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