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Pan Asia Bank and LOLC Life Assurance to offer bancassurance

December 31, 2019

Pan Asia Bank recently signed an agreement with LOLC Life Assurance Limited to offer its customers across Sri Lanka, a wide range of insurance products. As part of this strategic tie-up, insurance Officers from LOLC Life Assurance Company will work closely with selected set of Pan Asia Bank Branches and offer insurance products to Pan Asia Bank customers.

Director/ Chief Executive Officer of Pan Asia Bank Mr Nimal Tillekeratne stated that, “Pan Asia Bank always strives to give customers, the best of convenience and value for money. As we celebrate 25 years of banking in 2020, we are happy to join LOLC Life and enhance the portfolio of services available to customers through our branch network.”

The signing of MOU with regard to this operation took place recently at Pan Asia Bank head office, with the participation of top officials from both companies.


Photo caption: (From L-R)

Nalin Wijesinghe-Senior Manager Bancassurance & Partnerships, Roshan Peiris- Head of Sales – Life, Nadika Opatha- COO LOLC Life Assurance Ltd., Kithsiri Gunawardana- CEO LOLC Life Assurance Ltd & Chief Legal Officer LOLC Group, Nimal Tillekeratne-Director/CEO Pan Asia Bank, Naleen Edirisinghe-Senior DGM Pan Asia Bank, Rivinuwan Udage-Executive Insurance, Saraka Liyanage-Manager Bancassurance & Partnerships.