Ceylinco Life continues green journey with foundation stone for new Piliyandala branch

Ceylinco Life Chairman R. Renganathan and Managing Director/CEO Thushara Ranasinghe (third and fourth from left respectively), directors, members of the senior management and branch staff at the foundation stone laying ceremony

Ceylinco Life recently laid the foundation stone for a purpose-designed environment-friendly building for its branch in Piliyandala, continuing the greening of the Company’s operations undeterred by the effects of the COVID-19 pandemic.

The new three-storey edifice will on completion be the Ceylinco Life’s 40th building on land owned by the company. Located at Nos. 190, 192 and 194 Horana Road, Piliyandala this 5,683 square foot office conforms to the environment-friendly specifications adopted by the company for all new branches on owned land. 

The new building will be powered entirely by a 20kW solar power system that results in zero consumption of electricity from the national grid, will have its own rainwater harvesting facility and waste water recycling system, minimising the use of pipe-borne water. 

The building is also designed for optimal use of natural light and will be equipped with the latest energy-efficient lighting and air conditioning systems. The construction will minimise the use of timber, the company said, and a number of new trees are to be planted on the property.

The building will function as an office for the Ceylinco Life branches in the Piliyandala area. With adequate dedicated parking bays for visitors, it is designed to enhance customer convenience. 

In September 2019, Ceylinco Life opened its 36th building on company-owned land at Kanathiddy Road, Jaffna. Extending to 17,290 square feet, this was the company’s second largest construction. In January this year the company opened its 37th branch on company-owned land at Malabe, and is in the process of constructing green buildings for its branches in Divulapitiya and Nelliady. It is also extending the capacity of its Negombo branch.

Ceylinco Life currently owns the buildings housing its offices in Anuradhapura, Trincomalee, Jaffna, Batticaloa, Kandy, Kalutara, Kurunegala, Gampaha, Galle, Matara, Tissamaharama, Negombo, Ratnapura, Kotahena, Mount Lavinia and Wellawatte, many of which have already been converted to solar energy. New branch buildings purpose-built to the company’s sustainable energy model are those at Horana, Panadura, Wennappuwa, Bandarawela, Chilaw, Kadawatha, Jaffna and Malabe. 

Ceylinco Life operates the largest network of 250 plus branches in Sri Lanka’s life insurance industry, giving it a physical presence in 142 cities, towns and villages in every one of the island’s 25 districts.

Sri Lanka’s leading life insurer for the second half of the 32 years it has been in existence, Ceylinco Life was ranked the most valuable life insurance brand in Sri Lanka by Brand Finance this year and declared the ‘Peoples Life Insurance Service Provider of the Year’ for the 14th consecutive year at the 2020 SLIM-Nielsen Peoples Awards. The Company was ranked among the 10 ‘Most Admired Companies’ in the country by the ICCSL in 2019 and in the same year was named the Best Life Insurer in Sri Lanka for the sixth consecutive year by World Finance, and ranked sixth overall in the Business Today ranking of the country’s top 30 companies. 

Ceylinco Life has close to a million lives covered by active policies and is acknowledged as a benchmark in the local insurance industry for innovation, product research and development, customer service, professional development and corporate social responsibility.