Monday Apr 27, 2026
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Pan Asia bank Director/CEO Naleen Edirisinghe (centre left) exchanging the agreement with Softlogic Life Insurance Managing Director Iftikar Ahamed. Also in the picture from left: Pan Asia Bank Manager-Retail Credit Thilan Illangasinghe, AGM - Deposit Mobilisation Buddhika Perera, Head - Private Banking Sheron Hamidon, DGM - Credit Gayanath De Silva and Softlogic Life Alternate Channel Executive Vice President/Chief Distribution Officer Piyumal Wickramasinghe, Head - Retail Yohan Ebell, Pan Asia Bank Senior Manager - Legal Iroshini De Silva and Softlogic Life Alternate Deputy General Manager Channel Dilanka Amaratunga
Demonstrating its commitment to delivering holistic financial and lifestyle solutions, Pan Asia Bank has announced a strategic bancassurance partnership with Softlogic Life Insurance PLC, Sri Lanka’s leading health insurance provider, to offer an exclusive International Health Insurance solution tailored for its Privilege Banking segment. This collaboration marks another significant step in Pan Asia Bank’s journey to enhance value-added offerings for its affluent customer base, aligning with the bank’s broader strategy of customer-centric innovation, strategic partnerships and premium service differentiation. For Pan Asia Bank’s Premier customers, the initiative represents a carefully curated lifestyle enhancement aligned with evolving expectations around wellness, mobility and global connectivity. By integrating financial services with premium protection solutions, the bank continues to redefine relationship banking through personalised, future-ready propositions.
Under this partnership, Pan Asia Privilege Banking customers will gain access to comprehensive international health insurance plans reinsured with a global insurance giant and a regular fixture on the Fortune 500 list. One of the most striking features of this plan is its accessibility. Policy holders gain access to a staggering network of over 1.9 million medical providers worldwide, ensuring that no matter where they are, top-tier healthcare is within reach.
To provide true peace of mind, the plans offer exceptionally high annual limits ranging from $ 100,000 to $ 10 m, covering a wide array of services including full in-patient care, organ transplants, and emergency medical evacuation.
For Pan Asia Bank’s Premier segment, this partnership is more than just a policy; it’s a lifestyle enhancement. Coverage extends across a broad spectrum of medical needs, including comprehensive in-patient treatment, organ transplant procedures and emergency medical evacuation services. This robust protection framework positions the solution as one of the most comprehensive international health insurance offerings available in the local market.
Commenting on the partnership, Pan Asia Bank Director/Chief Executive Officer Naleen Edirisinghe stated: “As we continue to strengthen our Privilege Banking proposition, it is essential that we offer solutions that go beyond conventional banking. This partnership with Softlogic Life enables us to deliver global health security and lifestyle confidence to our customers, while reinforcing our commitment to innovation, strategic collaboration and superior customer experience.”
Softlogic Life Insurance PLC brings strong expertise in health insurance solutions and customer service excellence to the partnership. As Sri Lanka’s largest health insurer, the company has consistently delivered innovative protection products that respond to changing healthcare needs and rising global mobility trends.
Commenting on the partnership, Softlogic Life Managing Director Iftikar Ahamed stated: “As a life and health insurer leading from the front in shaping the future of health protection in Sri Lanka, our ambition goes beyond coverage, for us, it is about delivering world-class healthcare access, backed by the strongest global partnerships, for a generation of globally mobile, high-expectation customers. Through this collaboration with Pan Asia Bank, we are proud to bring an international health solution reinsured by AXA, one of the world’s most trusted fortune 500 insurance leaders. This ensures our customers benefit from unparalleled global reach, financial strength, and global clinical excellence. It is a powerful reflection of our commitment to elevate protection standards and give our customers the confidence to live the best quality of life anywhere in the world.”
This strategic partnership delivers an attractive value proposition by combining Pan Asia Bank’s customer-centric banking expertise with Softlogic Life’s leadership in health insurance, creating a seamless and comprehensive solution. It enhances financial security while providing access to world-class healthcare and peace of mind, empowering customers to live, travel and engage with confidence. By integrating protection, convenience and global reach into a single offering, Pan Asia Bank elevates its Privilege Banking proposition and sets a new benchmark for holistic, lifestyle-driven financial solutions in Sri Lanka.