Ceylinco Insurance ranked 9th amongst Sri Lanka’s Most Respected Corporates 

 From left: Ceylinco Insurance PLC Executive Chairman and CEO Ajith Gunawardena, Ceylinco Life Chairman Rajkumar Renganathan and Ceylinco General Chairman and CEO Patrick Alwis

• Rated amongst top 10 in 10 out of 12 attributes 

Ceylinco Insurance was placed in the 9th position amongst the nation’s Most Respected and Admired Corporates for the year 2021 and thus becomes the Most Respected Insurer in Sri Lanka for yet another year.

This was announced by the LMD magazine in its 17th annual edition of the nation’s Most Respected and Admired Entities. Ceylinco Insurance PLC comprises the two dominant insurers in the country: Ceylinco General Insurance Ltd. and Ceylinco Life Insurance Ltd.

Both, Ceylinco General Insurance and Ceylinco Life Insurance maintain their supremacy as market leaders in general and life insurance, respectively. Moving up three overall positions from the previous year, Ceylinco Insurance is placed in the 4th position in HR and People Management and in the 5th position in Quality Consciousness, Management Profile, Corporate Culture and Vision in the attributes rankings. Ceylinco Insurance is also placed amongst the top 10 in 10 of the 12 attribute rankings. 

Ceylinco Insurance PLC Executive Chairman and CEO Ajith Gunawardena said: “We are proud and also humbled to be amongst the nation’s top corporates, and express our gratitude to each and every one for nominating us. As a corporate entity that believes in offering innovative and customer-friendly solutions, our continuous search for excellence in customer service and commitment has enabled us to become a powerhouse of innovation and creativity, where pioneering ideas are born and given expression to become fully-fledged products and services that enhance people’s lives. 

“Your recognition encourages us and now we are even more committed to offering innovative and customer-centric products and services to the people of the nation. Some of our innovative products have reached the grassroots level and their benefits have been enjoyed by people who would have never thought of getting insurance if it were not offered through channels close to the masses of this country.”

Ceylinco Life Chairman Rajkumar Renganathan said: “A core precept at Ceylinco Life is that respect, like trust, must be earned, nurtured and built on through our actions. Seventeen consecutive years of market leadership in an industry that is heavily dependent on trust attests to the fact that Ceylinco Life has lived by this credo. As the largest life insurance company in Sri Lanka, Ceylinco Life is de-risking the future of millions of people — our policyholders and their families — and has never compromised on its mission or its core values. We not only honour every legitimate claim, we do so quickly and unobtrusively. 

“Our generous and longstanding commitments to the community in the areas of education and health have also endeared us to and earned the respect of Sri Lankans from all walks of life. Additionally, our persistent efforts to promote professionalism in the industry has helped change the perception of the life insurance salesperson and also contributed to the respect we have earned.”

Ceylinco General Chairman and CEO Patrick Alwis said: “The Ceylinco VIP brand is synonymous with customer-centricity and this accolade reflects the value we infuse for customers. Our company is founded on these principles and we remain committed to delivering industry-best insurance solutions to cater to every need of customers from all walks of life.”

Earlier this year, Ceylinco General Insurance and Ceylinco Life Insurance were chosen as the ‘People’s Insurance Brand of The Year’ for general insurance and life insurance respectively at the 2021 SLIM Nielson People’s Awards for an unprecedented 15th consecutive year. Similarly, for the year 2019/20, Ceylinco Insurance PLC, reinforcing its dominance in the insurance industry, moved up to the 6th position amongst Sri Lanka’s top 30 companies.