Asian Alliance Insurance PLC recently entered into an agreement with Senaratne Insurance Brokers (Pvt) Ltd to introduce a product called Total Life Plan to its valued customers in Sri Lanka. The Memorandum of Understanding in this regard was signed by Ramal Jasinghe , the Director/CEO of Asian Alliance Insurance PLC and Mr Nihal Senaratne, the Chairman  of Senaratne Insurance Brokers (Pvt) Ltd. 

Any Sri Lankan between the ages of 18 and 55 is eligible for this policy to help cover any expenses that may arise in the event of the death of the policyholder. The policy applies 24 hours a day, 365 days of the year and anywhere in the world and cash can be received within 24 hours of notice.

Asian Alliance Insurance PLC is a Composite Insurer rated BBB+ by Fitch Ratings and is one of the few companies in the industry to have obtained an international rating. The shareholders of the company include DEG and FMO who are internationally reputed AAA DFI institutions. Asian Alliance Insurance PLC operates through a network of 53 locations that are positioned in all provinces of the country and is part of the fast growing Softlogic Group that has interests in Healthcare, Retail, Financial Services, ICT, Leisure, Automobiles and Restaurants.

Senaratne Insurance Brokers (Pvt) Ltd, incorporated in 1979, has grown to be one of the largest broking companies in Sri Lanka over the last 35 years. The company has a clientele comprising both corporate and individual clients and delivers tailor made corporate solutions and innovative personal insurance plans to suit different requirements. Senaratne Insurance Brokers (Pvt) Ltd represents the UK based Global giant, Jardine Lloyd Thompson Group in the capacity of their International Network Member in Sri Lanka and the Local Partner of the Worldwide Broker Network (WBN) and in 2014 were awarded ‘Best Insurance Broker in Sri Lanka’ by both the Global Banking and Finance Review, UK and International Finance Magazine, UK.

Photo caption: Exchanging the MoUs. (From Left) Mr. Suranga Waduge, AGM – Life (Asian Alliance Insurance), Mr. Chula Hettiarachchi, COO – Life (Asian Alliance Insurance), Mr. Ramal Jasinghe, Director/CEO (Asian Alliance Insurance), Mr. Nihal Senaratne, Chairman (Senaratne Insurance Brokers) & Mr. Sanjeev Keerthirathne, MD (Senaratne Insurance Brokers) and below (From Left) Mr. Suranga Waduge, AGM – Life (Asian Alliance Insurance), Mr. Chula Hettiarachchi, COO – Life (Asian Alliance Insurance), Mr. Ramal Jasinghe, Director/CEO (Asian Alliance Insurance), Mr. Nihal Senaratne, Chairman (Senaratne Insurance Brokers) & Mr. Sanjeev Keerthirathne, MD (Senaratne Insurance Brokers)