Business News Sri Lanka: Allianz Insurance Lanka Limited (Allianz Lanka) announced its partnership with Sri Lanka Olympians (SLO) to extend a host of benefits to the nation’s Olympians. The two parties entered into a Memorandum of Understanding (MoU) in this regard at a formal ceremony held under the auspices of the Minister of Education, Sports and Youth Affairs Dullas Alahapperuma at the Sports Ministry premises. Several Sri Lankan Olympians, Ministry officials and representatives from Sri Lanka Olympians and Allianz Lanka were present at this event.
Saluting Sri Lanka’s Olympians, Allianz Lanka has offered to provide them with a medical cover and personal accident cover for their protection.
Speaking at the event, the Minister of Education Sports and Youth Affairs Dullas Alahapperuma said, “I would like to commend Allianz Lanka and SLO for coming together in support of our Olympic stars. Initiatives such as this will go hand in hand with the government’s programs for our sportspeople. Let us all stand united behind our sporting heroes as they strive to bring greater glory to the nation.”
“At SLO, one of our primary goals is to unite Sri Lanka’s Olympians, represent them and serve their needs throughout their lives. We would like to thank Allianz Lanka for partnering with us on this mission of supporting them. Providing financial assistance to our Olympians during their hour of need, this initiative is sure to prove invaluable to these heroes who are the pride of the nation,” said Sri Lanka Olympians President Sriyani Kulawansa.
“Sri Lanka’s Olympians are a symbol of the nation’s challenger mentality and its passion for excellence. We are honoured to partner with SLO and extend a wide range of insurance covers to these heroes who continue to inspire us all,” said Gany Subramaniam, Chief Executive Officer, Allianz Insurance Lanka Limited. “This initiative is part of our ongoing global and local partnerships with a diverse array of teams, organizations, cultural figures, sporting venues, and educational programs that seek to promote sports and showcase stories of human achievement through sport and innovation.”
Photo caption: (From left) Sumith Liyanage, Senior Olympian; Damayanthi Darsha, Secretary, Sri Lanka Olympians; Sriyani Kulawansa, President, Sri Lanka Olympians; Hon. Dullas Alahapperuma, Minister of Education, Sports and Youth Affairs; Gany Subramaniam, Chief Executive Officer, Allianz Insurance Lanka Limited; Mangala Bandara, Chief Marketing Officer, Allianz Insurance Lanka Limited; K. D. S. Ruwanchandra, Secretary, Ministry of Sports and Amal Edirisooriya, Director General, Department of Sports Development Sri Lanka
About Allianz Lanka: Allianz Insurance Lanka and Allianz Life Insurance Lanka, known together as Allianz Lanka, are fully-owned subsidiaries of Allianz SE, Germany, a world leader in integrated financial services. Having started out as a Greenfield operation in 2005, it has emerged as one of the fastest growing insurance service providers in Sri Lanka. In a bid to further strengthen its local General Insurance operations, Allianz had acquired a 100% stake in Janashakthi General Insurance Limited in 2018. The company prides on supporting its clients’ business strategy by understanding their risk profile and needs and providing individual solutions from its world class portfolio of products and services.
About Allianz: The Allianz Group is one of the world’s leading insurers and asset managers with more than 100 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, while our asset managers Allianz Global Investors and PIMCO manage 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2019, over 147,000 employees in more than 70 countries achieved total revenue of approximately 142 billion euros and an operating profit of 11.9 billion euros for the group.