subsidiary traded as tsx elf tsx elf.pr.f tsx elf.pr.g industry insurance founded toronto ontario canada 1923 headquarters kingston ontario canada key people mark sylvia president and ceo duncan n.r. jackman chairman of the board of directors products insurance investment number of employees 900 parent e l financial corporation subsidiaries empire life investments inc. website http www.empire.ca empire life historical building kingston on the empire life insurance company empire life or empire vie is a canadian life insurance and financial services company with its headquarters in kingston ontario canada . it was incorporated in 1923 and is a subsidiary of e l financial corporation limited of toronto ontario canada . the company provides individual life health and investment products as well as group life and health products through independent distribution partners including financial advisors management general agents national account firms and employee benefit producers . empire life is the parent company of empire life investments inc a canadian investment management company launched in 2011 . contents 1 history and ownership 2 products 3 sponsorships and philanthropy 4 corporate management 5 board of directors 6 external links 7 references history and ownership edit founded in 1923 by milton palmer langstaff the empire life insurance company has grown to become one of the top 10 life insurance companies in canada . 1 in 1929 empire life merged with the commonwealth life and accident insurance company . this merger was followed by the acquisition of the canadian order of odd fellows insurance portfolio in 1934 and a subsequent merger with the mutual relief life insurance company in 1936 . following the acquisition of the mutual relief life insurance company the company s head office moved from toronto ontario to kingston ontario . in 1968 e l financial corporation limited 2 acquired 94 % of the outstanding shares of empire life . in 1987 e l financial acquired the montreal life insurance company as well as the life insurance operations of the dominion of canada general insurance company and adopted the marketing name of empire financial group . as part of this acquisition empire life became a subsidiary of the holding company e l financial services limited which owns 98.3 % of the company . the remaining 1.7 % of empire life common shares are widely held by various individual shareholders . e l financial services limited is 100 % owned by e l financial corporation limited . in 1992 empire life acquired a block of group insurance business from the metropolitan life insurance company and in 1993 acquired the non participating individual insurance policies of the citadel life assurance company . in 1995 empire life agreed to administer and assume a block of deferred annuity and registered retirement income fund rrif policies of confederation life insurance company . in 1997 empire life assumed a block of deferred annuity policies from allstate life insurance company of canada . in 2000 empire life assumed a block of annuity and rrif policies from coop rants mutual life insurance society . on december 31 1997 empire life acquired all the shares of colonia life insurance company and subsequently changed the name of the company to concordia life insurance company a year later . on january 1 2002 empire life and concordia amalgamated as one company under the name of the empire life insurance company or l empire compagnie d assurance vie . from 1987 to 2005 empire life used the marketing name of empire financial group but re branded as empire life in 2006 . 3 products edit individual insurance universal life insurance term life insurance permanent life insurance and critical illness insurance wealth management segregated funds portfolio funds guaranteed interest options gios registered retirement income fund including a guaranteed minimum withdrawal benefit gmwb product group registered retirement savings plan group benefits small business group life and health insurance plans group life and health insurance plans for 20 employees administrative services only aso contracts cost plus arrangements and disability management sponsorships and philanthropy edit empire life invests in communities across the country through charitable donations employee volunteer hours in kind contributions and community sponsorships . citation needed empire life invests 250 000 in pathways to education s graduation nation initiative 4 corporate management edit mark sylvia president and chief executive officer ron friesen cpa ca chief financial officer richard cleaver senior vice president information technology & chief technology officer steve pong bsc senior vice president group solutions edward gibson fsa fcia senior vice president strategy and chief actuary sean kilburn bsc fsa fcia senior vice president retail richard carty senior vice president human resources and corporate services interim board of directors edit chairman of the board duncan n.r. jackman directors john f. brierley mark j. fuller harold w. hillier edward m. iacobucci clive p. rowe stephen j.r. smith mark a. sylvia mark m. taylor jacques tremblay honorary chairman the honourable henry n. r. jackman honorary director rt. hon john n. turner external links edit empire life web site e l financial corporation limited e l business week companies references edit empire life ranked 10th in the globe and mail report on business top 10 life insurers june 2015 based on revenue e l financial corporation limited e l new brand name for the empire life insurance company 1 retrieved from https en.wikipedia.org w index.php title empire life & oldid 742444355 categories companies based in kingston ontariocompanies established in 1923insurance companies of canadalife insurance companieshidden categories all articles with unsourced statementsarticles with unsourced statements from february 2012 navigation menu personal tools not logged 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