Canada Life

Enhancing Mortgage Services:

The Canada Life and Nesto Group Partnership

Partner since: December 2023

Revolutionizing Residential Mortgage Administration for Canada Life Clients

Nesto Group is dedicated to partnering with leading financial institutions to optimize their lending operations and enhance client experiences. Our collaboration with Canada Life, a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians, demonstrates our commitment to providing seamless and efficient mortgage service and administration solutions.

The Challenge: Streamlining Residential Mortgage Servicing

Canada Life sought a strategic partner to provide comprehensive mortgage service and administration for its residential mortgage customers. The goal was to ensure a smooth transition and continued high-quality service for existing clients, while leveraging innovative platforms to enhance the overall customer experience.

The Solution: Nesto Group’s Mortgage Service and Administration

Nesto Group entered into a strategic partnership with Canada Life to take on the servicing and administration of Canada Life’s residential mortgage portfolio. This collaboration provides Canada Life’s existing mortgage customers with:

  • Access to Nesto Group’s award-winning customer service platform: Ensuring a high standard of client support.
  • Seamless transition and continued service: Maintaining continuity for existing mortgage holders.
  • Phased implementation plan: Ensuring a smooth integration process for customers.

The Results: Enhanced Client Experience and Operational Efficiency

The partnership enables Canada Life’s residential mortgage customers to benefit from Nesto Group’s expertise and advanced customer service platform, ensuring efficient and high-quality administration of their mortgages. This collaboration underscores Nesto Group’s role in building the mortgage ecosystem of the future, supporting partners in delivering superior financial solutions.

Testimonials

What Our Partners Say

"We are very excited about Nesto Group's award winning customer service platform which was an important factor in our decision to choose Nesto Group. We wanted to ensure that our mortgage customers have a best-in-class partner passionate about offering great service for one of their most important investments. With the move to Nesto Group, our customers will receive a modern, digital customer experience and will also continue to receive wealth and insurance advice from their current advisor."

Steve FiorelliSVP, Wealth Solutions, Canada Life

"This partnership is totally aligned with our mission to offer a positive and transparent home financing experience, simplified from start to finish for all Canadians. For over 175 years, Canada Life has raised the bar when it comes to improving the financial well-being of Canadians. It's humbling for Nesto Group to play a small role in Canada Life's rich history. Our teams are 100% committed to providing the highest level of mortgage service possible."

Malik YacoubiCEO, Nesto Group