SLIC joins hands with People’s Bank
Sri Lanka Insurance joins hands with People’s Bank to provide the ultimate convenience of paying General Insurance premiums via People’s Bank Lanka QR payment acceptance solution.
The exchange of agreements between two entities took place on 13 November 2020 at Sri Lanka Insurance Head Office in the presence of SLIC Chairman Jagath Wellawatta, Chief Executive Officer Chandana L. Aluthgama, Chief Officer Business Development Rukman Weeraratne, Chief Information Officer Aloka Jayawardene, Assistant Manager Bancassurance Melanka Munasinghe, People’s Bank Chairman Sujeewa Rajapakse, Chief Executive Office/ General Manager Ranjith Kodithuwakku and Senior Deputy General Manager K. B. Rajapakse.
People’s Bank Lanka QR payment acceptance solution will enable Sri Lanka Insurance General Insurance policy holders to make faster and secured payments digitally at a low cost. Established in 1962, Sri Lanka Insurance Corporation is the largest government-owned insurance company in Sri Lanka, with a managed asset base of over
Rs 211 billion and a Life fund of Rs 116 billion. The company is also the first and the only local insurer to secure Fitch Ratings AAA (lka) for its long-term financial stability and sustainability and also Sri Lanka Insurance ranked as the ‘Most Valuable General Insurance Brand’, ‘Most Loved Insurance Brand’ and the 3rd Most Loved Consumer Brand in the country by Brand Finance.
The company is on the mission of being a customer focused company which constantly innovates in providing insurance services to customers and now serves customers through an extensive network of 158 branches.