Pan Asia Bank-Union Assurance partnership extends protection, healthcare to customers

From left: Union Assurance PLC Channel Head Bancassurance Hesith Dasanayake, Union Assurance PLC Chief Bancassurance Officer Vindya Cooray, Officer Union Assurance PLC Chief Executive Jude Gomes, Pan Asia Bank MD/CEO Nimal Tillekeratne, Pan Asia Bank Chief Operating Officer Naleen Edirisinghe, Pan Asia Bank Assistant General Manager Leasing and Consumer Loans Shiyan Perera and Pan Asia Bank Executive Branch Credit Rivinuwan Udage exchange agreement

Pan Asia Bank recently signed an agreement with Union Assurance PLC to offer its valued customer base a wide range of life, health and investment insurance solutions. 

As part of this strategic tie-up, Union Assurance will work closely with Pan Asia Bank branches to provide comprehensive solutions to protect the lifestyles, dreams and ambitions of Pan Asia customers. 

Pan Asia Bank Managing Director/Chief Executive Officer Nimal Tillekeratne stated, “Pan Asia Bank always strives to give customers the best of convenience and value for money. Serving the nation as the Truly Sri Lankan Bank for almost three decades, we are happy to partner with Union Assurance to enhance the portfolio of products and services available to our valued customers through our branch network.”  

Union Assurance Chief Executive Officer Jude Gomes said this strategic partnership would help narrow the protection gap in Sri Lanka and empower the Sri Lankan dream while expanding the bancassurance footprint. He asserted that it will enable them to offer the best value to customers of Pan Asia Bank.

“They will benefit from a new-age insurance experience, with a focus on service excellence,” he added.   
The signing and exchange of the agreement took place recently at the Pan Asia Bank head office, with the participation of senior leadership teams from both parties.