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Commercial Bank to promote General Insurance with Chartis

The Commercial Bank of Ceylon has entered into a Memorandum of Understanding with Chartis Insurance Ltd., to offer General Insurance products to the Bank's existing and future customers through Bancassurance.


Commercial Bank Managing Director Amitha Gooneratne
and Chartis Insurance Managing Director Chris Tragakis
exchange the agreement. Commercial Bank Deputy General
Manager Personal Banking S. Renganathan, the
Bank’s Senior Manager Bancassurance Lalith
Karunadasa and Chartis Insurance’s Consumer Lines
Head Prasad Fernando and Marketing Manager Shamal
Smith look on.

The agreement envisages that the Bank will offer insurance cover based on Chartis Insurance products such as 'Accident and Health,' 'Wallet & Liability' and Homeowners Insurance Protection Plans.

The Commercial Bank's extended branch network will make the purchase of insurance products and the payment of premiums extra convenient and hassle-free, the Bank said.

Chartis Insurance Managing Director Chris Tragakis said Chartis has a long history of offering personal insurance solutions to meet the particular needs of individuals and families worldwide, and its products and services can be tailored to meet the needs of customers of the Commercial Bank.

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