At the Annual General Meetings of La Survivance, LS Mutual Management and Humania Assurance Inc., on April 6, Marc Peliel, President and Chief Executive Officer, highlighted the important work accomplished during the year, while unveiling the financial results for the year 2022.
“It is with pride that I note the remarkable involvement and commitment of our teams in the past year. The accomplishments of 2022 showcase their contribution to the reputation and success of our mutual. The dedication of our employees combined with the strength of our network has allowed our individual insurance operations to reach an all-time high in sales. To make insurance ever more accessible, we have enhanced our service offer by developing and improving several of our insurance solutions. It’s with the needs of Canadian consumers in mind that we pursue our objectives to streamline our processes and make them easy to use.” Mr. Peliel noted.
“For group insurance, we successfully upgraded our employee and manager assistance program and renamed it PreZen+ | My Health Ally. Launched this year, the new platform encourages a better work-life balance for our group insurance clients as well as our in-house teams by putting at their disposal an array of tools related to the pillars of overall health. Our commitment to health and well-being is a key priority,” Mr. Peliel emphasized.
“Being well positioned as an agile insurer, we can collaborate with companies with innovative business models. It’s through such strong relationships that we can help modernizing the insurance industry. This year, more than ever, our partners stood out with their impressive results, and we are proud to participate in their successes, which show the strength of these relationships and pushes us to jointly design and develop customized insurance solutions that respond to consumer needs. Our travel subsidiary also experienced an exceptional year. The pent-up demand for travel in 2022 coupled with several easing of restrictions and withdrawals of sanitary measures in a vast majority of countries helped fuel this increase. Our subsidiary was able to meet expectations allowing our clients to travel with peace of mind thanks to its highly adapted offer,” Mr. Peliel noted.
“Finally, our diversified communication channels allow us to conserve a culture of proximity even with hybrid work. Informal meetings such as monthly coffee breaks where teams can meet directly with the President and festivities held throughout the year keep us united. Offering a work environment centred on health and well-being is important to us; that is why our flexible work environment favours work-life balance while encouraging fulfilment and happiness for everyone,” Mr. Peliel mentioned.
“I would also like to take this opportunity to highlight the excellent collaborative work of our various teams ahead of the coming into force of the new accounting standard IFRS 17, Insurance Contracts. Several of the company’s departments pooled their resources in this large-scale project to ensure its success,” Mr. Peliel concluded.
