Sampath Bank and Eagle Insurance Join Forces. - Announce launch of Bancassurance partnership
Sampath Bank and Eagle Insurance announced the launch of their Bancassurance
partnership. With this strategic tie-up, a wide spectrum of financial
solutions will be made available to the Bank’s valued clientele.
This will include a range of Life and General insurance products
which will be specially designed for Sampath Bank. These products
will be underwritten by Eagle Insurance.
Sampath Bank enjoys a market position of being a technologically
savvy bank with a strong Sri Lankan identity. The Bancassurance
agreement signed with Sampath Bank will provide Life and General
insurance solutions to a customer base of 900,000 individuals and
a corporate customer base, consisting of 500 large companies. The
Bank has a branch network of over 100 outlets spread across the
island. Sampath Bank revolutionised the banking sector in Sri Lanka
when it introduced ATMs and an on-line Branch network over two decades
ago. To date the Bank enjoys a superior position in the market and
shares a set of core values similar to that of Eagle.
CEO and Managing Director, Sampath Bank, Mr. Anil Amarasuriya commented
saying “We are delighted to join hands with Eagle Insurance
as this partnership provides our customers with the best of insurance
and investment options so that they may enjoy greater flexibility,
and control.”
Since Eagle became a member of the Aviva group the Company pioneered
Bancassurance in Sri Lanka and has evolved as the leader in Bancassurance.
Eagle believes that the Company is well positioned to add value
to its partner Sampath Bank and its customers through Aviva’s
global expertise in Bancassurance.
“We are pleased to partner with Sampath Bank, which is one
of the best Banks of the country, with a wide and extensive customer
reach.” commented Managing Director Eagle Insurance, Deepal
Sooriyaarachchi. “Today customers demand greater financial
control and flexibility. They also expect world-class financial
solutions delivered through convenient channels with the most professional
financial planning advice. This is why we are committed to providing
customers the best, through this unique combination of conventional
banking and insurance with a wider choice of solutions.” he
continued.
Eagle is an Aviva Company. Aviva is the world’s oldest insurance
group, with a history dating back 300 years to 1696. Today it is
the world's fifth-largest insurance group and the biggest in the
UK. The group has 59,000 employees serving 40 million customers
worldwide with more than Sterling Pounds 364 billion assets under
management.
Sampath Bank and Eagle Insurance announced the launch of their Bancassurance
partnership. With this strategic tie-up, a wide spectrum of financial
solutions will be made available to the Bank’s valued clientele.
This will include a range of Life and General insurance products
which will be specially designed for Sampath Bank. These products
will be underwritten by Eagle Insurance.