From left: LOLC General Insurance Channel Manager Nandun Vivipem, Head of Bancassurance Saraka Liyanage, Head of Underwriting and Operation Karthigun Siva, LOLC Life Assurance Director/Chief Executive Officer Nadika Opatha, LOLC General Insurance Director/CEO Kithsiri Gunawardena, Union Bank Director/Chief Executive Officer Indrajit Wickramasinghe, Senior Vice President Retail Banking Chaya Jayawardena and Vice President and Head of Retail Liability Products and Alternate Channels Manisha Fernando

LOLC General Insurance PLC, one of Sri Lanka’s finest and fastest growing insurers, recently entered into a strategic partnership agreement with Union Bank. 

The partnership focuses on strengthening the portfolios of both entities, offering a wider customer base a range of best-in-class insurance solutions, comprising of personnel and asset protection, coupled with best insurance advisory services. 

The official agreement signing ceremony was held recently, at the Union Bank head office. The event was concluded with the participation of the official signatories from each entity, LOLC General Insurance Director/CEO Kithsiri Gunawardena and Union Bank Director/Chief Executive Officer Indrajit Wickramasinghe. 

Commenting on the significant tie-up, Gunawardena mentioned, “With the launch of this strategic partnership, LOLC General Insurance will be able to leverage on the strong brand presence of Union Bank footprint. Both Union Bank and LOLC General Insurance shares a common synergy in terms of committing for customer value creation and exceptional customer service, thus, this partnership will reach greater heights.  We are truly enthused to embark on this journey for the greater good.” 

Adding to that, Wickramasinghe said, “This strategic partnership will help both Union Bank and LOLC General Insurance to strengthen the brand equities. As a result of this tie-up, Union Bank customers will now have the opportunity to experience the vast array of products and services offered by LOLC General Insurance.”