The Port City Mall in Colombo has appointed the Uniba international network partner in Sri Lanka Strategic Insurance Brokers (Sib) for Risk Management, Insurance advice and placing comprehensive insurance-covers involving the Duty Free Mall. Uniba partners are a premium global broker network having a very sizeable 70 partners, and presence across 140 countries.
China Harbour Engineering Company (CHEC) that runs the Port City wants a sterling reputation and to pick the Uniba network partner in Sri Lanka was therefore a strategic move, they say.
Sib is led by Indrajith Fernando who has established himself as a thought-leader in the community as an accomplished Chartered Accountant and this experience would give credence to the insurance services he offers, industry experts said.
The strategic partnership ensures comprehensive insurance coverage for Port City Mall, a premier business and lifestyle destination. One World Duty Free (ODF), Singapore’s first home-grown omnichannel duty-free brand with a reach across Asia and China Duty Free Group Co. Ltd. (CDF) operates as a duty free goods distributor at Port City.
“Port City’s risk has to be mitigated and its reputation has to be safeguarded. Its assets, tenants and operations have to be indemnified. Indrajith Fermando has made insurance coverage for these types of prestigious businesses his calling card,” said Blair Lan, Director China Markets in Sri Lanka.
“The Port City breaks many barriers in business in Sri Lanka. In the first place it is a daring venture on reclaimed land. Its’ aim is to rival the best tourism and commerce based destinations in South Asia such as Macau.”
“The city needs credible affiliates in this regard and we are proud to partner them as the authorised broker for the Mall. The range and the reputations of entities that would seek to establish themselves in the Port City are phenomenal,” Indrajith Fernando said.
Fernando has personally seen Sib through major brokering undertakings such as the nation-wide Disaster Management and Retrocession insurance contracts, overseen by the NITF (National Insurance Trust Fund.)
Colombo Port City is a pioneering Special Economic Zone (SEZ) rapidly emerging as a key business and lifestyle destination in South Asia. Situated at the heart of major trade routes, Colombo Port City acts as a gateway for businesses seeking to tap into the vast South Asian market.
Strategic Insurance Brokers is a leading insurance brokerage firm in Sri Lanka, specializing in providing comprehensive risk management solutions.
Their team of experienced professionals works closely with clients to understand their unique needs and design customized insurance plans.
Partnering with SIB grants any entity access to their extensive Uniba supported network of insurance carriers and their unwavering support throughout the claims process.
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