Friday, 26 July 2013 00:00
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Allianz Lanka, one of the fastest growing insurers in Sri Lanka, launched its latest product amidst a gathering of customers, staff and well-wishers. Allianz’s entry into unexploited Investment linked insurance segment supplements the ambitious growth strategy of the German insurer in Sri Lanka.
Allianz Lanka Chief Executive Officer Surekha Alles said: “The consumer insights show us the way to develop products to suit their palate. Our results in Life operations in the last four years are very encouraging. We are just building on the strong foundations and trust placed by our customers.”
Allianz Powerlink provides life insurance coverage whilst enabling the customers to increase their wealth through multiple investment opportunities. This is an ideal product for finance savvy consumers who are on the lookout to maximize their investment potential. Customers have the ability to select their investment plan according to their risk appetite and required protection. Well trained Allianz professionals will assist the customers in identifying suitable investment plans.
Sandamal Hettiarachchi, Allianz Lanka General Manager – Life Sales and Distribution, stated: “Our aim is to create wealth for our customers whilst securing their loved ones’ future. We have provided three investment options to customers, namely aggressive, conservative and moderate. This is for the top of the pyramid consumers. Most of them are aware of the financial risks they take and some look up to Allianz’s expertise to solidify their decisions.”
A heritage of over 120 years in insurance and dominance in investments and asset management creates a strong base for prudent investment strategies for Allianz Powerlink customers. Allianz Lanka, as a fully owned subsidiary of Allianz SE, Germany follows the strong ethics of the parent company when dealing with customers and stakeholders.
Allianz Insurance Lanka Ltd. is a fully-owned subsidiary of Allianz S.E. of Germany, the leading property-casualty insurer globally and ranked among the top three in the Life/health insurance business.
Together with its customers and sales partners, Allianz is one of the strongest financial communities.
About 78 million private and corporate customers rely on Allianz’s knowledge, global reach, capital strength and solidity to help them make the most of financial opportunities and to safeguard themselves against risks.
In 2012, around 144,000 employees in over 70 countries achieved total revenue of 106.4 billion euros and an operating profit of 9.5 billion euros. Benefits to customers reached 89.2 billion euros. This business success with insurance, asset management and assistance services is based increasingly on customer demand for crisis-proof financial solutions for an aging society and the challenges of climate change. Transparency and integrity are key components of sustainable corporate governance at Allianz SE.
