SANASA Life Insurance’s Indika named ‘ CEO of the Year’ in SL Life Insurance Division

Thursday, 18 February 2021 00:58 -     - {{hitsCtrl.values.hits}}

SANASA Life Insurance CEO Indika Kiriwandeniya


 

SANASA Life Insurance CEO Indika Kiriwandeniya has been named as CEO of the Year 2021 in Life Insurance Division in Sri Lanka for the year 2021 by the well-known International Business Magazine. 

The winner of this award is chosen annually in the midst of tough competition from entrepreneurs of various businesses from all around the world. In this context, SANASA has been named for this year’s winner whilst there are many huge life insurance companies functioning in Sri Lanka. This award is therefore very significant for SANASA life insurance.  International Business Magazine, the Dubai, United Arab Emirates based publication, recognises the awardees considering the business, business leaders and their skills in the field of international business and finance, as well as the progress achieved by those businesses. 

In the year 2020, SANASA Life Insurance won two awards by International Business Magazine: Best Employee Benefit Provider – 2020 and Best Micro Insurance Company – 2020.

Indika Kiriwandeniya joined SANASA Brokers as a clerk in 1997. SANASA was then an insurance brokerage firm. Since then he has held various positions by contributing to the development of SANASA Insurance. 

Through self-motivation and dedication, he moved forward day by day and on 1 January 2011, he was selected as the General Manager of SANASA Insurance Company. Since then he has worked hard to lead the company towards development. 

By dividing SANASA Insurance Company into two, he launched SANASA Life and SANASA General Insurance as two separate firms and he became the CEO and General Manager respectively. 

As a program to provide relief in case of emergencies faced by ordinary villagers, charging a small amount of Rs. 5-20 per month, All Lanka Mutual Assurance Organization (ALMAO) was established in October 1991. By enhancing the services and expanding the coverage, the business gradually grew. 

Licenses were obtained for life insurance in 2003 and for general insurance in 2005 by SANASA Life and SANASA General.

 

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