About Us: A Different Kind of Insurance Company
“We don’t create insurance products and services to make money. We make money to build better insurance products and services.” – Doug Baker, former President and CEO
Insurance Technology InnovatorAs an industry-recognized leader in insurance innovation, we have transformed from a traditional insurance company into a digital enterprise. Teachers Life is proud to have won a 2016 Model Insurer Award from global research firm Celent.
Our Fraternal RootsWe are a fraternal benefit society: a not-for-profit organization that helps members provide financial security to their families through insurance. Founded in 1939 by teachers for teachers, Teachers Life is dedicated to giving back to the communities our Members live and work in.
- Teachers Life is a member of the American Fraternal Alliance.
Sponsorship 2018: Kids’ Mental HealthAs a not-for-profit company, we work to protect and enrich the personal and professional lives of all those in the education community. In 2017, Teachers Life is the lead sponsor of two programs aimed at eliminating the stigma surrounding youth mental illness.
OHL Talk TodayTeachers Life is the proud sponsor of the Ontario Hockey League (OHL) Talk Today Program. Talk Today is a mental health education program designed by the Canadian Mental Health Association (CMHA) to help identity and deal with kids’ mental health concerns.
CMHO Change the View Video ContestTeachers Life invites you to Change the View with Children’s Mental Health Ontario (CMHO) and its annual student video contest. Change the View celebrates Ontario’s students and their quest to take the stigma out of kids’ mental health issues.
Trusted Expertise for Over 75 YearsTeachers Life is a federally regulated fraternal insurance company and North America’s largest educator-owned fraternal insurer. Our Board of Directors is made up of representatives from the world of finance and members of the education community.
- Regulated by the Office of the Superintendent of Financial Institutions (OSFI)
- Agents licensed by Financial Services Commission of Ontario
A member of insurance industry associations
Innovative LeadershipWe have had six years of continuous business, technological, operational and marketing transformation and we are an industry-recognized leader in insurance innovation.
- Our Whole Community: 2016 Annual Review
Mark Cummings, Teachers Life President & CEO
Mark Cummings, Teachers Life President & CEOMark Cummings joins Teachers Life as President and CEO, effective October 1 2017. He brings to Teachers Life a wealth of insurance expertise and a successful track record in leadership roles. He joins Teachers Life from Cummings & Company Consulting, where he was CEO. He was previously with Scotiabank, where he was President and CEO of Scotia Life Insurance Company. Prior to Scotiabank, Mr. Cummings held leadership roles at RBC and the Canada Life Insurance Company in Wealth Management, Creditor Insurance and Human Resources. Mr. Cummings is the Chair of the Board of Linbrook School in Oakville and a Board Member of the National Sanitarium Association.
PartnersOntario Teachers Insurance Plan OTIP also offers flexible health, dental and travel insurance programs through RTIP (Retired Teachers Insurance Plan) that are available to all members coming up for retirement or who are already retired. Because when you retire, you want insurance coverage that is tailored to you. Why choose RTIP?
- No age restrictions*, no membership fees.
- Three health care plans.
- Coverage for trips up to 95 consecutive days.