Union Assurance PLC, Sri Lanka’s longest-standing private Life Insurer, recently recognised and rewarded top-performing members of its strategic Bancassurance Partner, Seylan Bank, through the Seylan Overseas Tour 2026, a performance-based recognition programme designed to recognise and reward exceptional performance and contributions towards the continued growth of the partnership.
As a celebration of their outstanding achievements, the winners were rewarded with an exclusive three-night, four-day tour to Malaysia, commencing on 1 October 2026. The experience featured a stay at a leading hotel in Kuala Lumpur, an immersive city tour showcasing some of Malaysia’s most iconic attractions, and a memorable evening of fellowship. The group also enjoyed a visit to a renowned theme park, creating opportunities for team bonding, shared experiences, and lasting memories beyond the workplace.
The Overseas Tour forms part of a broader recognition framework aimed at motivating excellence, deepening engagement, and strengthening the long-term success of the Union Assurance – Seylan Bank bancassurance partnership. As one of the key channels within Union Assurance’s Partnership Distribution Division, Seylan Bank plays an influential role in the division’s performance through its extensive customer reach, consistent support, and commitment to shared objectives. Over the years, the partnership has continued to enhance access to Life Insurance solutions by leveraging Seylan Bank’s extensive banking network alongside Union Assurance’s insurance expertise.
Demonstrating the importance of the programme and the close collaboration between the two organisations, Mr. Nabeel Milhan, General Manager – Bancassurance and Mr. Ashen Dehigaspitya, Channel Head, from Union Assurance joined the qualifiers for the tour. Representing Seylan Bank, Mr. Eugene Seneviratne, Deputy General Manager – Retail Banking, and Mr. Ruwan Fernando, Assistant General Manager – Branches II, also participated in the visit.
Congratulating the winners, Eugene Seneviratne, Deputy General Manager – Retail Banking at Seylan Bank said, “Our people are at the heart of our success, and this tour is a fitting recognition of the dedication, professionalism, and determination demonstrated by our staff throughout the campaign period. Beyond celebrating achievement, initiatives such as these help foster a culture that encourages individuals to challenge themselves, strive for excellence, and take pride in the impact they make. We appreciate the continued support of Union Assurance in creating meaningful opportunities to recognise outstanding performance, and we congratulate all the qualifiers on this well-deserved accomplishment.”
Commenting on the initiative, Nabeel Milhan, General Manager – Bancassurance at Union Assurance, stated, “At Union Assurance, we believe recognition is an important part of building high-performing partnerships. The success of the Seylan Bank channel is driven by individuals who consistently go beyond targets to help customers protect what matters most, while contributing to our shared growth ambitions. This tour is a celebration of that dedication and an expression of our appreciation for their efforts. We are proud of the long-standing relationship we have built with Seylan Bank and remain committed to investing in initiatives that inspire excellence, deepen engagement, and create lasting impact for all stakeholders.”
Union Assurance is a subsidiary of John Keells Holdings PLC (JKH), the largest conglomerate listed on the Colombo Stock Exchange, operating with over 80 companies in 7 diverse industry sectors. The Company has completed nearly four decades of success with a Market Capitalisation of Rs. 43.1 Bn and a Life Fund of Rs. 102.1 Bn as of end June 2026. Set to protect lives and enrich the well-being of all Sri Lankans, Union Assurance offers Life Insurance solutions that cover the health, investment, protection, retirement and education needs of Sri Lankans. With an island-wide branch network and a workforce that is over 3000-strong, Union Assurance continues to invest in people, products and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.
Union Assurance PLC is licensed by the Insurance Regulatory Commission of Sri Lanka (IRCSL).
