July 24, 2020, Colombo. As the pandemic continues to change the way we do business across the globe, it leaves no industry immune from disruption. In the financial sphere, companies have had to adapt swiftly to keep employees safe and deliver a new normal of service to customers. Union Assurance is a case study of
AN EDUCATION PROTECTION PLAN FOR CHILDREN July 16, 2020, Colombo. Union Assurance launches its newest product, Sisumaga+, a unique, protection-based education plan that helps parents manage the cost of higher education for their children. The Plan offers assured returns combined with customizable benefits to secure future education milestones. The uncertainty of today has given rise
Union Assurance (UA) has reaffirmed its commitment towards protecting the wellbeing of its customers and their families by offering a free COVID 19 Life cover to both existing and new policyholders during this critical time period. This free cover will be equal to the value of the existing or new life cover up to a
Union Assurance PLC (UA) has always being in the hearts of the people for over three decades and has always made its presence felt specially at the times of need. With the COVID-19 crisis continuing to create unprecedented challenges to communities, UA has committed to protect the wellbeing of all its policyholders, staff and agency
With the spread of COVID-19 continuing to create unprecedented challenges to communities, Union Assurance PLC (UA) as an organization deeply committed to protect the well-being of its stakeholders, has been carrying out various programs to respond to this global health, economic and social emergency. As part of this commitment, UA was one of the first
Union Assurance received the internationally acclaimed Celent Model Insurer Award for legacy and ecosystem transformation at the recently concluded event in New York, making the company stand out from many global insurers and setting a new benchmark within the Sri Lankan Life Insurance Industry on digital led capabilities. Celent is a global research and advisory
Being an organization deeply committed to protect the health and wellbeing of its policyholders; Union Assurance PLC, has taken several measures to serve its customers during this Covid19 outbreak. With many customers limiting mobility in line with the guidance issued by the Government of Sri Lanka and the Ministry of Health, Union Assurance has taken
Union Assurance (UA) recorded a satisfactory performance during the year despite 2019 being one of the most challenging years in the recent past. Gross Written Premiums amounted to Rs. 11.6 Bn, a growth of 4% over last year while Annualized New Business Premiums (ANBP) recorded a significant growth of 20% year on year. The Company
12th March 2020 Colombo: Union Assurance PLC, Sri Lanka’s first private Life Insurance company in operation for over 30 years, has unveiled a bold new identity. Portraying a new logo and pay-off line, Union Assurance’s strategic transformation marks a new beginning as it adopts a fresh outlook and a compelling value proposition in the Life
With the COVID-19 crisis continuing to create unprecedented challenges to communities, Union Insurance PLC (UA) as an organization deeply committed to protect the wellbeing of all its stakeholders, announced a series of action plans to strengthen its commitment to tackle this global health, economic and social emergency. As part of this commitment, UA was one
