Business
SLT-MOBITEL mCash and Union Assurance join forces to redefine Life Insurance accessibility in Sri Lanka
SLT-MOBITEL’s pioneering mobile money platform, mCash, has strengthened its long-standing partnership with Union Assurance PLC, Sri Lanka’s Premier Life Insurer, by introducing an exclusive array of Life Insurance solutions tailored for SLT-MOBITEL mCash customers. This collaboration marks an extension of a longstanding relationship between the two organisations initiated in 2014, which has achieved remarkable success by revolutionising Life Insurance premium collections through SLT-MOBITEL’s expansive network.
The latest milestone in this partnership is the recent signing of a Memorandum of Understanding (MoU), solidifying the commitment of both organisations, acknowledged as among Sri Lanka’s most trusted brands in Mobile Connectivity and Life Insurance. Accordingly, SLT-MOBITEL customers will now enjoy access to premium Life Insurance solutions, which are not only affordable but also come with a hassle-free registration process, powered by mCash’s robust payment infrastructure.
The Chief Operating Officer of Mobitel (Pvt) Ltd., Sudharshana Geeganage, portrayed, “It is indeed a privilege to partner up with Union Assurance to provide innovative digital solutions in the realm of the Insurance industry in Sri Lanka. This collaboration is focused on leveraging digital technologies to enhance the understanding of customers’ needs and preferences, enabling the creation of tailored solutions. The emphasis on financial inclusion and the positive impact on the Sri Lankan community suggests a commitment to making life insurance more accessible and beneficial for a broader audience.”
Moreover, this strategic collaboration guarantees that SLT-MOBITEL mCash customers will receive specialised guidance from Union Assurance’s best-in-class advisors. These expert advisors are dedicated to providing superlative services, delivering Life Insurance solutions tailored to the unique needs and preferences of everyone. This customer-centric approach underscores the dedication of both companies to providing unparalleled value and a seamless experience for customers.
Expressing satisfaction with the reinforced partnership, the Chief Executive Officer of Union Assurance, Senath Jayatilake, conveyed, “We are pleased to continue our longstanding relationship with SLT-MOBITEL. Given the economic challenges faced, there is an increased importance of addressing and narrowing the financial protection gap in Sri Lanka. As such, we are committed to leveraging innovative measures such as this partnership to offer premier Life Insurance solutions and contribute towards reducing the financial vulnerability faced by individuals in the country. Moreover, with a focus on improving accessibility and ease of use, we are working diligently to ensure that our Life Insurance solutions are not only comprehensive but also seamlessly integrated into the daily lives of our valued customers.”
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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