Ceylinco Insurance recognised as ‘Best Insurance Company – Sri Lanka’ by Global Banking & Finance Re
Tuesday, 17 June 2014 00:00
The reputed Global Banking & Finance Review based in London, recently announced Ceylinco Insurance as the ‘Best Insurance Company – Sri Lanka – 2014’.
The Global Banking & Finance Review awards were created to honour companies that stand out in particular areas of expertise within the banking and finance industry. The awards recognise the innovativeness, strategic focus, achievements and the progressive and inspirational changes, within companies in the financial sector. Measured against such stringent criteria, Ceylinco Insurance has once again reaffirmed its outstanding position, as the torchbearer for the nation’s insurance industry.
Ceylinco Insurance has clearly reinforced its strong position as the industry leader for the 10th consecutive year, with a recorded premium income of Rs.22.7 billion in 2013, to which the General Division contributed Rs.11.6 billion, with the Life Division contributing Rs.11.1 billion.
The company’s insurance premium, up to the first quarter of 2014, exceeded Rs. 6.1 billion, to which the General Division contributed Rs.3.3 billion and Life Division Rs 2.8 billion. Ceylinco Insurance – General has always taken pride in its unmatched level of customer service, and having pioneered breakthrough customer focused services, such as On The Spot claim settlement methodology, which is now partly followed by other companies in the industry, the company continues its streak of developing innovative and customer oriented services.
Ceylinco Insurance also reaffirmed its position as the undisputed leader in the ‘hearts of the people of Sri Lanka,’ by winning the ‘People’s Insurance Brand Of The Year’, at the ‘POP Awards – 2014’ , for an unprecedented eighth consecutive year. Ceylinco Insurance and Ceylinco VIP were recognised among Sri Lanka’s most valuable and preferred brands, and continue to bag many accolades that reiterate their status.
Ceylinco Insurance operates one of the largest sales teams in Sri Lanka, consisting of over 6,000 trained insurance professionals, placed in over 300 branches of General Insurance and 250 branches of Life Insurance, located throughout the country.