LOLC General Insurance PLC 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, an LOLC press release said.
The release added: ‘The official agreement signing ceremony was held recently, at Union Bank Head Office. The event was concluded with the participation of the official signatories from each entity, Kithsiri Gunawardena, Director/CEO of LOLC General Insurance and Indrajit Wickramasinghe, Director/Chief Executive Officer of Union Bank.
‘Commenting on the significant tie-up, Kithsiri Gunawardena, CEO of LOLC General Insurance 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, Indrajit Wickramasinghe, Director/Chief Executive Officer, Union Bank Colombo 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”.
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