SLIC partners with FriMi to facilitate insurance premium payments

From left: FriMi Digital Bank Senior Manager (Business Development) Kasun Uddhaka Perera, Senior Executive Vice President (Commercial Banking) Hemantha Gunetilleke, CEO Renuka Fernando, SLIC CEO Chandana L. Aluthgama, Chief Information Officer Aloka Jayawardene, Chief Officer (Business Development) Rukman Weeraratne 

Sri Lanka Insurance, the largest and the strongest insurer of the nation, partners with FriMi to provide a hassle free and convenient premium paying facility for customers through SLIC mobile app. 

FriMi, Sri Lanka’s First-ever Digital Bank, is the first payment partner to be on board with SLIC mobile app and FriMi provides real-time, secure and convenient insurance premium payments for SLIC policy holders.

The fully fledged SLIC mobile app is a next generation platform which facilitates customers to view policy details and products details and make premium payments of both Life and General Insurance policies and many more convenient services.

Sri Lanka Insurance is striving to enhance the service experience of customers through innovative technological solutions and extending the effort further the insurance giant brings insurance closer to customers by providing them diverse channels for the ease of access and reach.

This partnership will allow any SLIC policyholders who own a FriMi account to make payments quickly, digitally and at their convenience via the SLIC mobile applications available on the Google Play Store and Apple App Store.  

Commenting, SLIC Chief Executive Officer Chandana L. Aluthgama said, “A key strategic move at SLIC has been the decision to embrace technology by introducing new and innovative solutions to enhance efficiencies, productivity and market reach. These strategies to bring our business closer to the customer will also add value to different stakeholders, including our business partners such as our advisors, while allowing SLIC to capitalise on diverse business opportunities, including new growth opportunities. Today we are taking a leap forward partnering with FriMi. This will support our aim of providing extensive reach for the ease of our customers increasing the accessibility through different platforms. SLIC customers will further benefit from the utmost convenience of making cashless insurance premium payments while enjoying a hassle free, secure payment experience.”

Elaborating on this partnership, Nations Trust Bank Director/Chief Executive Officer Renuka Fernando said, “FriMi continues to dominate the digital banking industry through its innovative services that are designed to heighten customer experiences and enable an ease of convenience through cashless banking solutions. By partnering with Sri Lanka Insurance, we continue to bring value to our customers and prioritise our lifelong commitment in streamlining customer experiences. FriMi in just a mere two years have extensively grown their partnership portfolio and this too is a testament of its innovative solutions. We will continue to expand our partnerships and provide an opportunity to further incentivise the move to a cashless economy while showcasing the benefits brought on by digitalised payment platforms.”