Sampath Bank and Eagle Insurance join forces
STRATEGIC - TIE-UP: 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 Bankâ€™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.
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
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, Anil Amarasuriya commented
saying, â€śWe 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
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 Avivaâ€™s
global expertise in Bancassurance.
â€śWe are pleased to partner with Sampath Bank, which is one of the
best Banks of the country, with a wide and extensive customer reach,â€ť
commented Managing Director Eagle Insurance, Deepal Sooriyaarachchi.