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UNIBA Partners Strategic Insurance, beyond wealth Benefits – A class by themselves

Photo caption: (Top – from left) Brian Salisbury, Director – Asia Pacific, Mareen Hüffmeier,CEO-UNIBA Partners. (Bottom – from left) Indrajith Fernando, Director-SIB/BW, Lakmali Hapuarachchi-Director-SIB and Shiranthi Wijegoonawardana-IDM Uniba-SIB

  • United Nations  Insurance  Broker  Association  cherry  picks  SIB  as  the  exclusive Insurance Services provider and Broker for Sri Lanka and Maldives.

  • SIB Expands Global Reach with UNIBA, with its 130 plus countries, and growing; enrolls SIB as one of the three Elite Partners servicing South Asia

Strategic Insurance Brokers has extended its global clout with a high profile tie up with UNIBA, the brokers’ network coveted globally in the insurance business. UNIBA  are  one  of  the  world’s  largest  independent  providers  of  Employee  Benfit, Cyber  Security  and  Risk  management  with  over  60  independent  brokers  in  140 countries and growing , all around the world, and is an International Best of Class Broker Association.

“We are proud of SIB joining UNIBA  Partners. A strong and  motivated broker  in a very  particular  market,  SIB  is  a  major  addition  to  our  network  and very  helpful to support  both  regional  business  and  service incoming business  from further  away,’ Mareen  Hüffmeier,  CEO  of  UNIBA  Partners  said,  in  concluding  the  stringent  due diligence and selection process.

UNIBA  selected  Sib  as  a  virtual  brand  ambassador  in  South  Asia,  and  those  in  the trade and outside know that UNIBA’s selection process is no breezy talent contest, but  an  exacting  vetting  process  that  challenges  all  comers  —    but  only  the  truly excellent can get through. Far more brokers are turned down by UNIBA   than are selected  as  partners,  but  Sib  not  only  made  the  cut,  but  is  now  UNIBA’s  premier insurance arm in the East Indian region.

UNIBA Partners headquartered in Forest,  Brussels,  has  a  long  and  distinguished record   in   Europe   where   the   network   is   a   one   of   the   insurance   and   risk management elites, but has also has now fanned out to Latin America and Africa and  the  Pacific  regions.  But  this  globally  established  Network  is  incrementally venturing into Asia, and its point of entry is through the established elite corporates like   Strategic Insurance  Brokers,  who are an authoritative presence in Sri Lanka the East Indian Region.

The  future  of  business  in  Asia  relies  on  quality  financial  services  and  insurance brokers  who  can  offer  high  level  risk  management  advice.  UNIBA and its partners are proud to welcome Strategic Insurance Brokers (SIB) to our global partnership. We’re  sure  the  professional  efforts  and  expertise  offered  by  SIB  will  be  enhanced through , and add to, our partnership, resulting in even greater levels of service and opportunities  for  all  of  us,  particularly  SIB’s  clients  in  Sri  Lanka,  Brian Salisbury Chairman and driving force behind the development of UNIBA Partners’ Asia-Pacific region said ‘UNIBA is particular about who we work with. We think and the network was  unanimously  convinced  that  SIB  is  the  best  fit  and  is  focused  on  quality, integrity  and  a  true  willingness  to  commit  to  our  clients,  to  the  network  and  its partners, which are fundamental to UNIBA identity. This partner screening process has created a culture of openness   which is valued by all of our stakeholders. Our Partner selection process is highly interactive, it is deliberate and unhurried – and it directly reflects our client and quality focus,’ said Mareen Hüffmeier, CEO of UNIBA partners, during her recent visit SIB to complete the Due Diligence.

UNIBA is virtually an insurance ecosystem, and depends on the services provided by expert brokers in the network.  Values  based  brokering  and  integrity  is  especially important  in  keeping  a  business  ecosystem  of  this  sort  thriving,  and  Sib  has  been chosen  for  these  values  it  embodies,  in  contrast to flyby-night brokers  who  have sprung up in countries like Sri Lanka, posing a threat to credibility of insurance and reinsurance industries. “We were impressed   with UNIBA Partners’ professionalism”,   said Indrajith Fernando, SIB’s Director.

“Being part of the network will enhance our ability to offer a unique service offering to our rapidly growing clients of Sri Lanka-based companies venturing on overseas projects, and the global companies having an interest in Sri Lanka and South Asia. SIB  are  proud  to  announce  that  they  have  been  invited  and  is  privileged  and honoured to further strengthen its global operations by joining UNIBA Partners,” SIB Director Lakmali Happuarachchi  added.

‘We  test  for  professionalism  and  for  management  quality  as  well  as  financial stability,  for  reputation  in  the  market  as  well  as  for  client  focus,  and  we  look  at succession planning as well as at innovation.  We require adherence to our Code of Conduct as well as to a list of internal good standing criteria,’ Huffmeier added. Shiranthi   Wijegoonewardena   International   Desk   Manager   Sib   said,   ‘In   today’s increasingly dynamic and changing insurance market, SIB helps clients to thrive and survive. Our expert financial and risk consultants help clients to anticipate, quantify and fully understand the range of risks they face. We work with clients both big and small,   helping   them   define,   design   and   deliver   innovative   solutions   to   better quantify and manage risk’. Strategic  Insurance  Brokers  (Pvt)  Ltd  (SIB)  is  a  global  leader  in  Insurance  and Reinsurance broking and risk management, based in Sri Lanka. The Company helps clients from Sri Lanka and all over the world to quantify and manage risks to unlock new opportunities for growth.

With   operations   spanning   over   several   decades,   SIB   has   diverse   experience operating as a registered Composite insurance and reinsurance broker in Sri Lanka. The company manages insurance and reinsurance affairs of insurance companies, individuals, financial institutions and other corporate entities in Sri Lanka. UNIBA   Partners   is   an   owner-led,   client-centric   global   network   that   provides insurance broking, risk management and employee benefits solutions.  UNIBA’s overriding objective is to assist and protect clients in a constantly changing world. They do so by creating highly professional teams across borders and timelines, open and  sensitive  to  the  many  variations  in  domestic  legislation,  cultures,  and  indeed, expectations.

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