Union Assurance crowns excellence

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Union Assurance PLC held the Annual Awards 2021 to honour its top achievers for their exemplary performance. The ceremony was held at the Monarch Imperial on 8 May 2022, under the theme ‘Crowning Excellence.’ This event, which crowned the champions, was graced by a distinguished leadership team that included Chairman of John Keells Holdings, Krishan Balendra, and CEO of Union Assurance, Jude Gomes, stated Company sources.

The awards ceremony recognised the exceptional performance of over 670 award winners, making it the highest number of annual award winners in the Company’s history, a feat driven by a record-breaking performance in 2021. The winners comprised advisors, agency leaders, regional managers, and zonal managers from the island-wide Agency network.

The top achievers in the Agency channel (including Best Zone  and Best Region) were honoured, while the Ultimate Champion Kalum Jayasinghe was rewarded with a flashy Mercedes-Benz car. Chanaka Appuhamy was also presented with a Mercedes-Benz for his Top of the Table Club achievement.

The CEO of Union Assurance, Jude Gomes lauded the winners for delivering outstanding results. He described their achievements as remarkable since 2021 was full of challenges arising from the pandemic. “We achieved spectacular business growth, excelling in everything from gross written premium to profits and income,” he emphasised. The Company recorded the highest regular new business growth among top life insurers, and became the industry’s second largest regular new business producer. It produced 300 qualifiers in the Million Dollar Round Table (MDRT) – the highest in the history of Sri Lanka’s life insurance industry.

According to Gomes, their technology-driven strategy has led to a rapid digital transformation as a new age, futuristic company. “The seamless digital experience offered to consumers revolves around the Clicklife app that revolutionised Life Insurance servicing in Sri Lanka,” he asserted. Another pioneering initiative was Health 360. This breakthrough health insurance solution covers a range of health issues to ensure the well-being of policyholders.

Gomes expressed confidence that 2022 would also be a successful year despite unprecedented challenges. 

Union Assurance notched remarkable achievements in 2021. Among their successes was the historic achievement of producing the highest number of MDRT qualifiers in the Life Insurance industry of Sri Lanka.