Union Assurance is a composite insurer transacting both Life and General business including personal insurance, in operation since 1987. A Public Quoted Company, UA entered the insurance arena at the time the private sector was permitted to set up in insurance, following the enactment of the Control of Insurance (Amendment) Act No. 42 of 1986. Committed to pursuing the highest standards of service and security, UA is backed by the corporate might of blue chip company John Keells.

Union Assurance is well placed to provide a caring and efficient service to its clientele, which include many of the largest trading and industrial organisations in Sri Lanka as well as individuals from all walks of life, through an extensive network of 53 branches islandwide, strategically located throughout the country. It was, in fact, the first insurer to open a branch office in Jaffna. UA branches are linked to a centralized computer system in the head office in Colombo, which enables all branches to provide a complete insurance service to customers, without the necessity of a visit to Colombo. These IT initiatives support the company's commitment to operate efficiently and cost-effectively, which gives it the edge in terms of speed and efficiency. The Union Assurance Centre in Colombo, built and owned by UA, is also equipped with all modern facilities and designed as a 'one stop' insurance centre, at which UA's customers could transact all their insurance business. A significant milestone in UA's progress and expansion was the opening of the Union Assurance Centre at Kurunegala in March 2003. The Centre is the largest and most modern building in Kurunegala, with a training facility that caters to UA branches in the region.

UA's reinsurers are world leaders, chosen for their dependability and total security. In short, they are the best in the business. The company's paid up capital as at 31 December 2008 is Rs 375 million and  net  asset  base, Rs 1.9 billion, also indicates the company's   financial  stability  and  strength,  and  places  it  firmly at the apex off private insurance service providers in Sri Lanka.

• Company Registration Number : PQ 12
• Tax Payer Identification Number (TIN) : 134001372
• VAT Registration Number : 1340013727000