LOLC Insurance clinches five accolades at Emerging Asia Insurance Awards 2024

Tuesday, 25 February 2025 01:31 - - {{hitsCtrl.values.hits}}

LOLC General Insurance crowned “Best General Insurance Company”

LOLC’s Insurance arm has once again demonstrated its industry leadership by securing five prestigious accolades at the fifth Emerging Asia Insurance Awards, held in Bangkok, Thailand. LOLC General Insurance was honoured with the title of “Best General Insurance Company”, alongside two additional awards for Best Customer-Oriented Company and Best Risk Management Strategy. Meanwhile, LOLC Life Assurance continued its upward trajectory by securing the first Runner-Up for “Best Life Insurance Company” and the Runner-Up for “Best Risk Management Strategy”.

These accolades highlight LOLC Insurance’s firm commitment to delivering comprehensive, innovative, and customer-centric risk management solutions while consistently setting new benchmarks for service excellence. Guided by the company’s vision of transforming lives, LOLC General Insurance and LOLC Life Assurance remain committed to providing unparalleled financial security and peace of mind to their valued customers.

Organised by the Indian Chamber of Commerce, the Emerging Asia Insurance Awards recognise excellence in the insurance sector across South Asia, drawing participation from leading companies across Sri Lanka, India, Bangladesh, Bhutan, Myanmar, and Nepal.

Expressing the enthusiasm on this milestone achievement, LOLC General Insurance PLC Chairman Kithsiri Gunawardena stated, “We are honoured to receive these distinguished awards, which serve as a testament to our relentless pursuit of excellence in risk management and service delivery. Winning these accolades confirms our solid commitment to customer-centricity and innovation. Our focus remains on building trust and fostering long-term relationships with our policyholders, providing them with financial stability against unexpected risks for a secure future.”

Echoing this sentiment, LOLC Life Assurance Ltd., Director/CEO Nadika Opatha shared her pleasure, remarking, “It is truly rewarding to see our 12-year-old company achieving international recognition and solidifying its position as the fastest-growing life insurance provider in Sri Lanka. We continuously seek new opportunities to enhance our offerings, from digital solutions that streamline claims processes to holistic life and health insurance products. Our goal is to evolve alongside our customers, serving as their trusted partner in providing long-term financial protection and peace of mind through tailored life assurance solutions.”

LOLC General Insurance and LOLC Life Assurance extends their heartfelt gratitude to their loyal customers, whose trust and support have been instrumental in driving their success. This achievement serves as a catalyst for continued innovation and service excellence, ensuring the protection of lives, property and financial well-being. Through strategic investments in technology, proactive risk mitigation, and unparalleled customer service, both companies remain dedicated to delivering reliable insurance solutions and provide security.

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