General and life insurance premiums for the quarter grew by 15%, from Rs. 1.4 billion in 2007 to Rs. 1.6 billon in 2008. Consolidated profit after tax also increased by 100% to Rs. 41 million for the quarter ended 31st March 2008.

Union Assurance PLC was the first insurance company in Sri Lanka to introduce the most convenient "Call & Go" motor insurance policy, which allows customers involved in an accident to log an entry with the call centre and drive off without waiting at the scene of the accident for an assessor to inspect the damage etc.

The company has built on this platform by launching a "Call & Replace" service whereby motor insurance policyholders can have any damage to windscreens, side mirrors, lamps etc. repaired or replaced at their home, office or any other location at a convenient time. UA has tied up with a number of leading suppliers to provide this service. All expenses related to accidental repairs are borne by UA.

In order to further enhance customer convenience, UA has made motor insurance accessible via the internet as well. A combination of substantially discounted premiums, cutting edge technology and ability to print a motor certificate 24 x 7 x 365 makes this product – "Click & Go" an ideal motor insurance solution for a busy executive with an internet connection at home or office.