About Union Assurance Financial Strength & Digital Innovation Governance & Transparency Reach & Bancassurance Partnerships Contact & Visit Info
Founded on January 8, 1987, Union Assurance is Sri Lanka’s digitally advanced life insurer specialising in protection, investment, health, education, and retirement planning. A subsidiary of John Keells Holdings, Union Assurance divested its general insurance arm in 2015 to focus solely on life insurance. Official Website
2023 highlights: Gross Written Premium LKR 18.9B, Net Income LKR 3.76B, Total Assets LKR 95.7B, Life Fund LKR 83.4B, and over 780 employees. Their Clicklife app enabled 90% of claims processed in just one day, plus 100% paperless submissions. Annual Report 2023 2022 Impact
Union Assurance earned an #1 ranking in the 2023 Transparency in Corporate Reporting Assessment—scored 8.75/10 (vs 5.85 avg)—demonstrating best-in-class disclosures on anti-corruption, governance, gender equality, and ethical conduct. TRAC Report 2023
With a vast island-wide network and partnerships across major banks like Union Bank, Pan Asia, and Commercial Bank, Union is a market-leading bancassurance provider. Union Bank Partnership
Head Office (Colombo): Sri Uttarananda Mawatha, Colombo 00300, Sri Lanka
Phone: +94 112 589 192
Office Hours: Mon–Fri: 8:30 AM–5:00 PM; Sat–Sun: Closed Send an Enquiry
| Accepted Currencies: | Sri Lankan Rupees, USD |
|---|---|
| Payment Types: | Cash, Credit Card |
| Mon |
08:30 AM - 05:00 PM |
|---|---|
| Tue |
08:30 AM - 05:00 PM |
| Wed |
08:30 AM - 05:00 PM |
| Thu |
08:30 AM - 05:00 PM |
| Fri |
08:30 AM - 05:00 PM |
| Sat | Closed |
| Sun | Closed |
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