Business
Union Assurance disrupts the future of life insurance with Clicklife
Union Assurance PLC, a John Keells Company, announced the launch of Clicklife, a turnkey product that offers protection plans in a secure, streamlined, and user-friendly digital environment, providing users the unprecedented experience of obtaining protection in just a few clicks.
“Clicklife reinforces our core philosophy and commitment to Protect the Sri Lankan Dream, thus making insurance simpler and affordable for everyone, considering consumer lifestyles as well as the current reality,” said Jude Gomes, Chief Executive Officer of Union Assurance.
“We are disrupting life insurance as we know it by eliminating legacy systems, paperwork, and physical interventions, to simplify the process of buying protection. Clicklife is a fully digital end-to-end solution offering a seamless user experience from purchase to policy issuance, and servicing, and is available for anyone, anywhere at any time”.
Considering the realities of the current environment, Clicklife offers a free Covid-19 cover for the first 1,000 customers to purchase the product online. With simplicity and affordability at the core of the product, Clicklife provides seamless and convenient user journeys and attractive pricing for as low as Rs. 23/- per day for a cover of Rs. 2 million.
Further augmenting the customer’s digital journey, Union Assurance uses cutting-edge digital technology to power a Self-servicing App that eliminates the complex and time-consuming follow up process of staying up to date on policies after purchase. The app provides real-time updates on policy information including dues, balances, and claims status, and goes a step further in enabling digital policy loan submissions. The App also includes a health tracker linked to a rewards scheme for instant redemption of vouchers and discount coupons.
With the effects of COVID-19 expected to continue to the foreseeable future, innovation, adaptability, and resilience are at the core of the Company’s digital transformation. The ability to buy life insurance with no paperwork, no physical interventions, and no medical reports is a novel concept for Sri Lanka where the process of obtaining insurance online is a relatively new concept.
In introducing Clicklife, and a Self-servicing App, Union Assurance offers consumers the next level of insurance aligning to globally evolving practices that give customers control in managing and staying updated on their protection needs.
Union Assurance is the oldest private life insurer in Sri Lanka, and is a member of the John Keells Group, Sri Lanka’s largest listed conglomerate. Union Assurance completes over three decades of success in the industry with a market capitalization of Rs. 18 Bn, a Life Fund of Rs. 40 Bn and a Capital Adequacy Ratio (CAR) of 461% as at October 2020.
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.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
