Union Assurance, Sri Lanka’s premier Life Insurer, is proud to announce the signing of a Memorandum of Understanding (MoU) with the University of Sri Jayewardenepura. This strategic partnership underscores Union Assurance’s commitment to enriching community well-being by fostering a culture of knowledge sharing and enhancing educational opportunities. Recognizing the dynamic nature of Sri Lanka’s job market, this initiative takes a proactive approach to equip graduates with the relevant skills and knowledge necessary to succeed in their chosen fields. By collaborating with educational institutions, Union Assurance aims to align academic programmes with industry needs, ensuring that students are well-prepared for the demands of the workforce.
The MoU establishes a collaborative framework that offers comprehensive training programmes and internship opportunities for undergraduates at the University. Through hands-on learning experiences, mentorship, and skill development, this partnership aims to bridge the gap between academic theory and professional practice, empowering undergraduates and cultivating a new generation of talent ready to meet the challenges of the ever-evolving business landscape.
The Chief Agency Officer at Union Assurance, Imtiyaz Aniff, remarked, “Investing in education is vital for our nation’s progress. Through our collaboration with the University of Sri Jayewardenepura, we are empowering students with essential skills that enhance their employability and contribute to national development. These initiatives exemplify Union Assurance’s commitment to nurturing talent and enriching the well-being of Sri Lankans across all avenues”.
Union Assurance is a subsidiary of John Keells Holdings PLC (JKH), the largest conglomerate listed on the Colombo Stock Exchange, operating with over 80 companies in 7 diverse industry sectors. The Company has completed over three decades of success with a Market Capitalisation of Rs. 28.6 Bn and a Life Fund of Rs. 71.6 Bn as of end June 2024. Set to protect lives and enrich the well-being of all Sri Lankans, Union Assurance offers Life Insurance solutions that cover the health, investment, protection, retirement and education needs of Sri Lankans. With an island-wide branch network and a workforce that is over 3000-strong, Union Assurance continues to invest in people, products and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.
