Union Assurance Records Highest MDRT Qualifiers in Sri Lanka
Union Assurance makes history with an all-new record of a Million Dollar Round Table (MDRT) qualifiers to achieve #1 position in Sri Lanka. With 172 qualifiers, the Company achieves industry-leading status, recording the highest number of Top of the Table achievers (5), ten (10) Court of the Table qualifiers and 157 MDRT qualifiers.
"Professional development is a cornerstone of Union Assurance’s sales force advancement. We invest significantly on leading-edge training platforms and have rapidly adapted to the digitisation of training. Customer-centricity is at the core of everything we do, and it makes our team demonstrate the highest levels of integrity and competency. It makes me immensely proud to have Team Union Assurance recognised in the highest echelons of insurance and financial services professionals as the #1 MDRT Achiever in Sri Lanka,” stated Jude Gomes, Chief Executive Officer of Union Assurance.
This achievement comes hot on the heels of a fruitful year for Union Assurance. The Company recorded the highest growth rate of 9% in the new business category in a landscape in which the industry showed a marginal growth of 1% for the first nine months ending September 2020. It received coveted recognitions and accolades including Domestic Insurer of the Year, Best Brand, Best Employer Brand, among others leading to the #1 Most Awarded Brand in the Insurance category in 2020.
Reflecting on the hardships of the last year, Jude Gomes commented, “Our corporate purpose has held through, and guided our journey to not just navigate, but thrive in an uncertain environment. It is heartening to see how Union Assurance has stood by its purpose and been the strength to guide our achievers on their journey of success.”
Union Assurance is a part of the John Keells Group, Sri Lanka’s largest listed conglomerate. It is among the most awarded Insurance companies in Sri Lanka, completing over three decades of success with a market capitalisation of Rs. 18.2 Bn, a Life Fund of Rs. 41.3 Bn and a Capital Adequacy Ratio (CAR) of 447% as at November 2020.