Union Assurance extends partnership with NTB to continue Bancassurance leadership

Sri Lanka’s premier life insurer Union Assurance (UA) extended their long-term partnership with Nations Trust Bank (NTB) for five more years, in a strategic move to enhance portfolio value and pave the way for sustainable business growth.

 The signing took place on April 9th between Union Assurance Chief Executive Officer Jude Gomes, and Nations Trust Bank Chief Executive Officer/ Director Priyantha Talwatte.

 ” We believe that Union Assurance’s partnership with Nations Trust Bank has been an example of how two towering organizations can come together and collaborate to satisfy the multiple needs of clients,” stated Union Assurance Chief Executive Officer Jude Gomes.

“The signing of this partnership signifies the largest bancassurance strategic alliance in the financial industry and is indeed a true milestone for both Nations Trust Bank and Union Assurance. As the leader in the bancassurance offering, this is a natural next step for us at Nations Trust Bank in offering our valued customers holistic financial solutions with industry-leading customer service standards, and we look forward to working with Union Assurance in continuing to provide the same quality services,” said Priyantha Talwatte, Director/Chief Executive Officer, Nations Trust Bank.