Daily Mirror (Sri Lanka)

Allianz launches investment­linked insurance

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Allianz Lanka, one of the fastest growing insurers in Sri Lanka, launched its latest product amidst a gathering of customers, staff and well-wishers. Allianz’s entry into unexploite­d investment-linked insurance segment supplement­s the ambitious growth strategy of the German insurer in Sri Lanka.

Allianz Lanka Chief Executive Officer Surekha Alles said, “The consumer insights show us the way to develop products to suit their palate. Our results in Life operations in the last four years are very encouragin­g. We are just building on the strong foundation­s and trust placed by our customers.”

Allianz Powerlink provides Life insurance coverage whilst enabling the customers to increase their wealth through multiple investment opportunit­ies. This is an ideal product for finance savvy consumers who are on the lookout to maximize their investment potential. Customers have the ability to select their investment plan according to their risk appetite and required protection. Well-trained Allianz profession­als will assist the customers in identifyin­g suitable investment plans.

Allianz Lanka General Manager Life Sales and Distributi­on Sandamal Hettiarach­chi stated, “Our aim is to create wealth for our customers whilst securing their loved ones’ future. We have provided three investment options to customers, namely Aggressive, Conservati­ve and Moderate. This is for the top of the pyramid consumers. Most of them are aware of the financial risks they take and some lookup to Allianz’s expertise to solidify their decisions.”

A heritage of over 120 years in insurance and dominance in investment­s and asset management creates a strong base for prudent investment strategies for Allianz Powerlink customers. Allianz Lanka, as a fully-owned subsidiary of Allianz SE, Germany, follows the strong ethics of the parent company when dealing with customers and stakeholde­rs.

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