Strategic Insurance, broker on record for CHEC Port City Colombo

From left: CHEC Port City Manager Investment Promotion and Marketing Micheal Hu, SIB Manager Lakmini Wickramasinghe, SIB Manager Omardeen Azardeen, CHEC Port City Chief Marketing Officer, SIB Managing Director Indrajith Fernando, China Markets in Sri Lanka Director Blair Lan, CHEC Port City Chief Economic Affairs Officer/General Manager Strategy and Transaction Services Nishan Silva and CHEC Port City Senior Manager Strategy and Transaction Services Nilma C.E. Samarasinghe

The Colombo Port City Mall got underway and has appointed the Uniba international network partner in Sri Lanka, Strategic Insurance Brokers (SIB), for risk management, insurance advice and placing comprehensive insurance covers involving the duty-free mall. 

Uniba partners is a premium global broker network having a very sizeable 70 partners and a presence across 140 countries.

This choice of SIB is seen by industry experts as a judicious one. China Harbour Engineering Company (CHEC) that runs the Port City wants a sterling reputation. To pick the Uniba network partner in Sri Lanka was therefore a strategic move, they say. 

This strategic partnership ensures comprehensive insurance coverage for Port City Mall, a premier business and a lifestyle destination. One World Duty Free, Singapore’s first home-grown omnichannel duty-free brand with a reach across Asia and China Duty Free Group Co. Ltd operates as a duty-free goods distributor at the Port City. The company provides traditional duty-free business, offshore duty-free business, overseas business and other related services. 

“Port City’s risk has to be mitigated and its reputation has to be safeguarded. Its assets, tenants and operations have to be indemnified. Fernando has made insurance coverage for these types of prestigious businesses his calling card. It is a rare type of expertise,” said China Markets in Sri Lanka Director Blair Lan.

“We are delighted to be the first and only insurance brokering company affiliated to the Port City. The Port City breaks many barriers in business in Sri Lanka. In the first place it is a daring venture on reclaimed land. Its aim is to rival the best tourism and commerce-based destinations in South Asia such as Macau,” SIB Managing Director Indrajith Fernando said.