Allianz Lanka recently held its annual awards at the Waters Edge Hotel to felicitate its star performers. The theme for the night was ‘Stronger Together’ a nod to the company’s recent acquisition of Janashakthi General Insurance.
The chief guest was Regional CEO, Allianz Asia Pacific, George Sartorel. Managing Director, Allianz Lanka, Surekha Alles and Head of Property and Casualty, Allianz Asia Pacific, Alan Smee were also present.
The high point of the year for Allianz team members, the annually held event is designed to generate a sense of close-knit camaraderie and nurture the performance culture the company is renowned for around the world. This year’s event comes on the heels of Allianz Lanka’s historic acquisition of Janashakthi’s general insurance business. The acquisition changed Allianz’s market presence in Sri Lanka and accelerated the company’s growth giving it a market share of approximately 20%.The transaction also represented one of the largest investments into Sri Lanka demonstrating Allianz’s confidence in the market.
The Allianz Annual Awards 2018 brought together this newly amalgamated team to recognise and reward individual successes, outstanding team effort and effective partnerships. Over 300 star performers were recognized for their stellar performance and commitment towards the company. Managing Director Surekha Alles said, “Since Allianz entered the Sri Lankan market we have gone from strength to strength to become a key player in the country’s insurance industry.
“Last year was no different as we sought to retain our position as one of the strongest insurance companies in the market and looked at all growth opportunities available to us.
“We acquired Janashakthi General Insurance Limited, a company with a business portfolio that complemented our own. Hence, today we have a commanding market presence as well as the best sales force in the industry. We are proud to recognize and reward the spirit of these committed individuals,” she said.