Sunday Apr 20, 2025
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HNB General Insurance (HNBGI) has joined hands with Union Bank through a strategic bancassurance agreement, marking a significant milestone in expanding access to innovative insurance solutions. The partnership will enable Union Bank customers to conveniently obtain HNBGI’s comprehensive range of general insurance products, including both motor and non-motor insurance solutions, through the bank’s extensive network.
The agreement was formally signed at Union Bank’s Head Office, with HNB General Insurance CEO Sithumina Jayasundara, and Union Bank Director/CEO Dilshan Rodrigo, representing their respective institutions. Also, in attendance were senior officials from HNB General Insurance, along with Head of Deposit Mobilisation / Assistant VP Kasun De Silva, SVP Retail Banking Chaya Jayawardena, and Head of Bancassurance from Union Bank Dasun Siriwardena .
Speaking on the occasion, HNB General Insurance CEO Sithumina Jayasundara, stated: “We are delighted to partner with Union Bank to extend our comprehensive insurance solutions to a wider customer base. This collaboration is a testament to our commitment to providing greater convenience, financial security, and value to customers through innovative bancassurance solutions.”
Union Bank Director/CEO, Dilshan Rodrigo, commented: “This partnership aligns with Union Bank’s ongoing efforts to enhance our service offerings and provide customers with seamless access to essential financial solutions. By working with HNB General Insurance, we are ensuring that our customers benefit from high-quality, tailor-made insurance coverage that meets their diverse needs.”
Through this partnership, Union Bank’s clientele, including account holders, corporate clients, and new customers seeking financial solutions, will have access to a range of affordable and comprehensive general insurance products. The collaboration reinforces both institutions’ shared vision of advancing financial inclusivity, customer convenience, and service excellence in Sri Lanka’s insurance and banking industries.
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