Orient Insurance and Union Bank partner for bancassurance

Wednesday, 23 November 2022 00:00 - - {{hitsCtrl.values.hits}}

From left: Union Bank Head of Bancassurance Dasun Siriwardana, Vice President Retail Liability Products and Alternate Channels Manisha Fernando, Senior Vice President Retail Banking Chaya Jayawardane, Orient Insurance Managing Director and CEO Tanuj Edward, Senior Vice President Sales and Distribution Rochana Kulatunge and Assistant Vice President Corporate and Alternate Channels Saman Jayasena

Orient Insurance Ltd. has partnered with Union Bank to provide bancassurance services.

Union Bank services its customers through 67 branches and by engaging with it Orient Insurance acquires wider scope to provide extended coverage in offering General Insurance solutions to their valued clientele. This initiative offers an array of affordable General Insurance solutions to the bank’s account holders, corporate clients, and new clients who seek financial solutions.

Orient insurance is committed to taking General Insurance solutions closer to their customers’ doorsteps with a view to enhance the penetration of insurance in Sri Lanka. Accordingly, this relationship with Union Bank further strengthens the reach to accomplish this task, where quality and affordable General Insurance solutions can be offered tailored to the bank’s customers’ requirements.

Orient Insurance Managing Director Tanuj Edward said: “Orient Insurance is proud to partner with Union Bank, one of the recognised private banks in Sri Lanka to jointly increase reach and meet the protection requirements of their customers.”

Union Bank Senior Vice President – Retail Banking Chaya Jayawardena Rajapaksa said the partnership reaffirms the bank’s continued efforts to expand its bancassurance services and provides customers the flexibility and convenient access to a range of General Insurance solutions, including motor, marine, fire and travel.

Orient Insurance Senior Vice President, Sales and Distribution Rochana Kulatunge said: “We are delighted to collaborate with Union Bank, and work with their branch network to provide their customers with competitive solutions, and plans backed with specialised customer service.”