WELLESLEY, Mass., Feb. 12, 2019 /PRNewswire/ -- Sun Life
Financial has launched affiliate FullscopeRMS to partner with
health plans and other insurance providers to bring new products to
market that enhance an insurer's offerings and provide new
solutions to their clients. FullscopeRMS, which will operate as a
standalone organization, is built on the successful cornerstone
Disability RMS business, a leading provider of disability risk
management services to insurance partners for more than 25
years.
FullscopeRMS has an expanded portfolio, including a turnkey
stop-loss solution for health plans, which benefits from deep
industry experience and delivers risk management expertise,
performance and brand protection to its clients, following the
Disability RMS model. The FullscopeRMS portfolio also offers
turnkey solutions for life, absence management and voluntary
products, and a suite of capabilities including risk management,
product development, actuarial, underwriting, claim administration
and distribution training.
"True to its name, FullscopeRMS provides a full range of
products and support services that are customizable to suit the
unique needs of each of our carrier partners," said Scott Beliveau, president of FullscopeRMS. "We
see a growing desire from health plans and other insurance carriers
to expand their offerings, and this is an efficient way for them to
enter the market. Our partnerships are straightforward – two
companies share in the risk and the benefits. We build flexible,
innovative solutions in consultation with an industry client to
leverage our respective expertise in a fully aligned partnership
where both companies have the same business objectives and growth
incentives."
Dan Fishbein, M.D., president of
Sun Life Financial U.S., added, "FullscopeRMS builds on our
longstanding commitment to working with industry partners in order
to grow together by delivering best-in-class products and services
to our mutual clients."
FullscopeRMS will continue to expand its portfolio throughout
2019 and beyond.
About Sun Life Financial
Sun Life Financial is a
leading international financial services organization providing a
diverse range of insurance, wealth and asset management solutions
to individuals and corporate Clients. Sun Life Financial has
operations in a number of markets worldwide, including Canada, the United
States, the United Kingdom,
Ireland, Hong Kong, the
Philippines, Japan,
Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2018, Sun Life Financial had total
assets under management of C$984
billion. For more information, please visit
www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
In the United States, Sun Life
Financial is one of the largest group benefits providers, serving
more than 60,000 employers in small, medium and large workplaces
across the country. Sun Life's broad portfolio of insurance
products and services in the U.S. includes disability, absence
management, life, dental, vision, voluntary and medical stop-loss.
Sun Life employs approximately 6,000 people in its U.S insurance
and asset management businesses. Group Insurance policies are
issued by Sun Life Assurance Company of Canada (Wellesley
Hills, Mass.) and Sun Life and Health Insurance Company
(U.S.) (Lansing, Mich). For more
information, please visit www.sunlife.com/us.
Media contact:
Devon Fernald
Sun Life Financial
781-416-7151
Devon.portney.fernald@sunlife.com
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SOURCE Sun Life Financial