AIA and Union Bank enter into bancassurance partnership
Thursday, 7 November 2013 00:00
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Union Bank joined hands with AIA Insurance recently to bring bancassurance services to its customers. The new partnership with AIA is an important forward step in strengthening the bank’s range of technology-driven products and services geared to achieve growth.
AIA is the world’s fourth-largest and pan-Asia’s leading life insurer. The AIA Group meets the savings and protection needs of individuals by offering a choice of solutions including retirement savings plans, life insurance, accident and health insurance.
“As one of the fastest growing banks in the country, we welcome this momentous partnership with Asia’s leading life insurer and are confident of providing world class financial protection and security that meets our customers’ expectations” said Union Bank Director/Chief Executive Officer Anil Amarasuriya.
“As a pioneer and leader in bancassurance in the country, our new partnership with Union Bank augments AIA’s focus in securing leadership position in life insurance in keeping with AIA Group’s overall business strategy for the region,” said AIA CEO Shah Rouf in Sri Lanka.
“This partnership will bring a range of innovative products and services as well as our expertise in the region and wealth of experience to the bank’s customers,” he added.
Picture shows the CEO of Union Bank, Anil Amarasuriya and Director/CEO of AIA,
