Union Assurance toasts to success with bank partners

Union Assurance PLC recently celebrated its strong and successful collaboration with its banking partners at a Partner Appreciation Night held at the Shangri-La Colombo.

The event was hosted by the Chairman and Group Executive Committee of John Keells Holdings PLC (JKH) along with Union Assurance CEO and was attended by the top management of all bank partners, as well as UA Executive Committee members. The event celebrated the success of 2022, which included breaking its own record of 1 billion ANBP, while expanding the company’s customer-centric solutions for the bank customers. The Bancassurance success was driven by strong cooperation between UA and its partners, customised solutions for its clients, digitally driven processes and superior customer services. During the event, the bank partners were acknowledged by JKH and UA senior officials for their contributions to the 2022 milestones.

Welcoming the guests, Chief Bancassurance Officer Vindya Cooray thanked the partners for being an integral part of UA’s Bancassurance journey and for being instrumental in contributing to the company emerging as the number one Bancassurance provider in the country.  

“I’m extremely happy to see all our bank partners present here today to celebrate a great 2022 and we are confident that we will continue our success in the coming years. Together, we have been able to provide bank customers with comprehensive solutions to protect their lifestyles and ambitions,” she noted. JKH Deputy Chairman and Group Finance Director Gihan Cooray, commended the Bank Partners for their tremendous support to UA despite challenging times. Union Assurance CEO Jude Gomes said: “Despite the numerous challenges we faced in the operating environment, the Company has been able to lead the industry in Bancassurance by establishing itself as the market leader in Sri Lanka with New Business Premiums exceeding Rs. 1 billion for two years running. These milestones would not have been possible without support and contribution of partners.”