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Sunday, 21 August 2016

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Union Assurance General wins insurance award

The UAG team accepting the award for Excellence in Growth – Medical Insurance

Union Assurance General Limited (UAG) was awarded the title ‘Excellence in Growth – Medical Insurance’ (General Insurance) at the very first Insurance Industry awards organized by Fintelekt in association with the Insurance Association of Sri Lanka (IASL).

“The importance of having health insurance should not be dismissed or underestimated. Rising medical costs can wipe out a lifetime of savings with just one major medical event and people have begun to understand the value of having a medical coverage to counter their health contingencies,” General Manger Underwriting, Ms. Ruanthi Gooneratne said.

General Manager, Sales and Marketing, Niranjan Nagendra said, “We are thrilled to win this award that recognizes the efforts of our sales, underwriting and claims teams who have been working tirelessly to grow our business. We continue to see a growing market for medical insurance and we are excited about the opportunity this presents to us.”

Supported by a strong underwriting team and leading customer servicing team, UAG’s medical insurance coverage is without doubt one of the best in the industry. Providing protection for employees of large corporates and individuals alike, UAG’s affiliation with one of the largest property and casualty insurers in the world – Fairfax has proven to be a crucial success factor.

Fairfax has insurance operations spread across geographies and the expertise brought in by them has allowed UAG to better understand and address the needs of the market.

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