Union Assurance celebrated its Bancassurance and Corporate channels at the Partnership Distribution Annual Awards 2024 at Cinnamon Life at the City of Dreams.
Themed ‘A New Era of Expansion’, the event underscored the Company’s commitment to strengthening its leadership in Partnership Distribution, with a clear focus on empowering the progress of customers across the island.
With the largest portfolio of partnerships among leading private banks, Union Assurance continues to set industry benchmarks in the Bancassurance space by delivering best-in-class solutions. The Company has also expanded its network of strategic partnerships to meet customers where they are, ensuring greater accessibility to Life Insurance solutions that are tailored to meet the unique needs of every individual.
President of the Leisure Group of John Keells Holdings and Director of Union Assurance, Suresh Rajendra and the senior management at Union Assurance were present.
The Chief Executive Officer at Union Assurance, Senath Jayatilake said, “We are immensely proud of our Bancassurance and Corporate channels whose achievements we honour tonight. Their relentless pursuit of excellence has not only reinforced our leadership in the industry but has also brought us closer to our vision of making Life Insurance more accessible and relevant, empowering the progress of every Sri Lankan.”
The Chief Partnership Distribution Officer at Union Assurance, Wathsala Aluthgedara said, “Union Assurance has long been a dominant force in Partnership Distribution within Sri Lanka’s Life Insurance sector.
“Today, we are broadening our focus by forging new strategic alliances beyond Bancassurance, with the aim of seamlessly integrating Life Insurance into the everyday lives of our customers”.
“We extend our heartfelt congratulations to the exceptional teams behind this remarkable achievement,” he said.
