A financial holding company is a type of financial institution that is involved in activities related to banking and provides its clients with a wide variety of financial services, for instance, purchasing an investment in securities and insurance products. Usually, a bank holding company is eligible to be a financial holding company when its banking subsidiaries are both well managed and capitalized. Financial holding companies have the advantage of quickly raising capital than is the case with traditional banks.
About Great-West Lifeco With operations in North America both in the USA and Canada, in Europe and also in Asia, Great-West Lifeco is an insurance centered financial holding company. The company operates through its five wholly-owned subsidiaries that focus on the specific regions. The company was founded in the year 1891 by in Winnipeg by a local insurance agent named Jeffrey Hall Brock. Great-West Lifeco was later incorporated in 1891 with its board having locals such as James Ashdown.
Products and services of Great-West Lifeco The company offers services in health insurance, life insurance, investments, retirement, reinsurance businesses, and asset management. As of 2019, the company had over 24,000 employees, thousands of distribution partners, and 197,000 advisor relationships, all who were serving the more than 31 million customers across its regions of operations. The company has under its administration over &1.6 trillion assets.
Compliments, complaints, and tips for Great-West Lifeco Great-West Lifeco has always endeavored to act responsibly. It values ethical and responsible engagements as its primary intrinsic values. The company, in all its activities, strives to respects and support the protection of human rights as set out both by domestic and international laws. It makes sure it acts responsibly to reduce environmental pollution and ensures it contributes positively to the communities where it carries out its operations. If you have used their products, leave a review on allreviews.ca.
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