John Hancock

John Hancock is a unit of Manulife Financial Corporate, a leading Canada-based financial services company with principal operations in Asia, Canada and the United States.

John Hancock’s core retail products in the U.S. focus on providing financial solutions. Its product suite includes life insurance, mutual funds, 401(k) plans, long-term care (LTC) insurance, and annuities. The company distributes its products primarily through licensed financial advisors, and through John Hancock Financial Network, a national network of independent firms.

In 2004, John Hancock was acquired by life insurance company Manulife Financial for $10.4bn.

In 2017, John Hancock paid out $5.7b in life insurance and long-term care claims.

In September 2018, John Hancock announced that all of their policies would include Vitality's behaviour change rewards platform to help incentivise policyholders to live healthier.

John Hancock reported it had 2.6m life insurance and long-term care policy holders in 2018.

In October 2019 a partnership between John Hancock, Alphabet subsidiary Verily, and digital healthcare company Onduo was announced. The companies launched 'John Hancock Aspire with Vitality', a life insurance product designed for people living with diabetes. The insurance comes with a program that offers coaching, advice, clinical support and rewards to help users manage their health.

In August 2020 John Hancock linked the new Amazon wearable and health platform, Halo, to its Vitality program. Amazon has reportedly been working with John Hancock since Autumn 2018 to explore potential opportunities in the health space.