Thursday Apr 03, 2025
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Nimal Balawardhane
Samson Insurance Brokers (SIB), a renowned leader in the general insurance
sector announced the appointment of Nimal Balawardhane as the Executive Director of the company. Known for his exceptional contributions to the insurance industry, he will play a pivotal role in the company’s expansion, particularly in the area of life insurance
brokering.
With years of expertise and an extensive network of industry connections, Balawardhane is well-placed to lead this new venture and further strengthen the company. Under his leadership, the company aims to introduce new services and broaden its offerings, enhancing both the General and Life Insurance segments.
Balawardhane brings a wealth of experience and a strong track record of success in the insurance industry. His professional qualifications include a certificate in Personal Financial Management from the University of Wayamba and a Professional Financial Advisor Course completed through Limra International, USA. He is a Life Member of the Million Dollar Round Table (MDRT) and has been elected to the prestigious Court of the Table four times in recognition of his exceptional sales achievements.
From 2005 to 2024, he served as a Senior Financial Service Consultant at AIA, where he honed his expertise in life insurance and built a strong reputation for his exceptional client service and sales performance. With his proven leadership and deep knowledge of the industry, he is uniquely positioned to help Samson Insurance Brokers realise its vision of becoming a leading insurance brokerage firm.
The company has built a strong reputation in the General Insurance sector by delivering reliable and comprehensive solutions to their clients. As part of their ongoing commitment to growth and diversification, they announced the expansion into Life Insurance brokering – an initiative that will further solidify the company’s position in the industry.
DSI Samson Group Director Nelani Rajapaksa stated, “To spearhead this new venture, we are pleased to welcome Nimal Balawardhane, a distinguished life insurance consultant with deep industry expertise and an extensive professional network. His leadership will not only drive the growth of our Life Insurance segment but also create synergies that enhance our General Insurance business, contributing to overall revenue growth. This strategic expansion marks a significant milestone for SIB. With his leadership, we are confident in our ability to grow the Life Insurance segment while creating synergies that will also benefit our existing General Insurance operations. This alignment will drive overall business growth and bring increased value to our clients.”
With this new appointment, SIB is poised for an exciting new chapter. This strategic decision not only enhances the company’s current operations but also demonstrates a long-term commitment to becoming an independent and diversified insurance service provider.
In response, Nimal Balawardhane shared his vision for the future, “We are excited about the future and look forward to the continued growth of SIB. As we expand our offerings and capabilities, we remain focused on delivering exceptional value to our clients and contributing to the overall growth of the insurance sector. We are truly honoured to be part of this journey and look forward to the success and achievements that lie ahead.”
With Balawardhane’s expertise and leadership, Samson Insurance Brokers is poised for substantial growth, ensuring enhanced services and greater value for clients while pioneering new opportunities in the insurance sector.
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